The latest accounting news, including
FRC plans February FRS 102, banks query IFRS 9 revision timing and
levy rate increases proposed
FRC plans to publish final new UK GAAP FRS 102 rules in mid February
Publication of a new accounting standard that will replace UK
GAAP has been pushed back while the Financial Reporting Council (FRC)
considers further amendments. The new standard, FRS 102, was originally
due to be published last month (January), but this has been delayed
while amendments on pensions and service concessions are given further
consideration.
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