New UK GAAP: new standards for micro-entities and small entities | Practical Law

New UK GAAP: new standards for micro-entities and small entities | Practical Law

The Financial Reporting Council has withdrawn and replaced the Financial Reporting Standard for Smaller Entities by issuing a suite of changes updating UK and Ireland accounting standards in relation to micro-entities and small entities.

New UK GAAP: new standards for micro-entities and small entities

Practical Law UK Articles 4-618-3402 (Approx. 2 pages)

New UK GAAP: new standards for micro-entities and small entities

by KPMG LLP
Published on 27 Aug 2015 • United Kingdom
The Financial Reporting Council has withdrawn and replaced the Financial Reporting Standard for Smaller Entities by issuing a suite of changes updating UK and Ireland accounting standards in relation to micro-entities and small entities.