FSA Company

FSA Company

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I have a client that is a small company with a turnover of around £400K which is registered directly with the FSA to give investment advice. The accounts will therefore need to be audited but can the company take advantage of the small company reporting exemptions and the FRSSE in preparing i5t's annual accounts.
Simon Moss

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By AnonymousUser
27th Mar 2006 10:24

Correction
I don't think Euan is correct.

The change that he is talking about specifically relates to IFA's that are registered for advice through intermediaries/networks.

Directly registered (with the FSA) IFA companies must have their accounts audited. They cannot claim any small company exemptions.

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