Thursday 14 March 2013

UK: Financial Reporting Standard 102 issued by Financial Reporting Council

The Financial Reporting Council has published Financial Reporting Standard 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland: see here (pdf). This standard applies to the financial statements of entities that are not applying EU-adopted International Financial Reporting Standards, FRS 101 or the FRSSE (but note that under Irish company law certain companies are permitted to use accounting standards not issued by the FRC).

No comments: