PQ magazine is for part qualified accountants.
Read the latest web issue here – if you like what you see sign up today
Simplifying the preparation of disclosures
09 March 2016
The FRC has issued ‘Amendments to FRS 102 – Fair value hierarchy disclosures’. The amendments simplify the preparation of disclosures about financial instruments for financial institutions and retirement benefit plans.
The FRC said that the changes are in direct response to issues raised by stakeholders who have confirmed the benefits they will bring, reducing the potential costs of compliance with FRS 102 and improving the information available to users.
Subscribe to RSS