Transcription of Regime January 2022
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Financial Reporting CouncilJanuary 2022 FRS 105 The Financial Reporting Standardapplicable to the micro -entitiesRegimeAccounting and ReportingStandardFurther copies, (post-free) can be obtained from:FRC PublicationsLexis House30 Farringdon StreetLondonEC4A 4 HHTel: 0845 370 1234 Email: order online at: Financial Reporting Standard is for reference in the UK and Republic of Ireland onlyDue to copyright restrictions, the full text of FRS 105 and the Basis for Conclusions that accompanies the standard is not available outside the UK and Republic of Financial Reporting Standard is available in the UK and Republic of Ireland only and is not to be distributed to or read by any party outside this outside the UK and Republic of Ireland should visit our webpage at: 105 Cover NO 2/17/2022 8:09 AM Page 1 The FRC s purpose is to serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them.
(a) A micro-entity in the UK shall apply the amendments to this FRS as set out in the Triennial review 2017 amendments for accounting periods beginning on or after 1 January 2019, except for the amendments to paragraph 3.13A and Section 6
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