The latest accounting news including
FRS 102 update from ASB, African body adopts IFRS and Olympus axe
2,500 jobs
ASB update on FRS 102
PFI projects are ‘unsustainable’ and show ‘evidence
of excess profits being priced into projects from the start’,
says a damning report from the Public Accounts Committee (PAC). The
Accounting Standards Board has received an overview of the comment
letters to Financial Reporting Exposure Drafts 46 to 48, part of the
FRS 102, Accounting for Subsidiary Undertakings, replacement programme
for UK GAAP.
The
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