Speaker: Chris Nobes, University of London
The new FRS the replacement for UK Irish GAAP
Key Features:
- entities which are allowed/required to apply the new FRS standard (draft issued by ASB in 2012), which is based on the IFRS for SMEs
- study of all main requirements of the FRS, including presentation of financial statements and measurement of assets and liabilities
- examination of the special reduced-disclosure regime for subsidiaries
- the FRS compared to UK/Irish GAAP and to IFRS