In the final article in the series, Steve Collings takes a look at the Financial Reporting Review Panel’s (FRRP) Annual Report on its review of companies’ accounts and flags up the points that other firms may need to take on board in their preparation of financial statements.
Financial instruments: Presentation
The standard that governs the way in which financial instruments are presented in a company’s accounts is that of IAS 32 Financial Instruments: Presentation with its UK counterpart being that of FRS 25 Financial Instruments: Presentation.
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- Earnings per share
- Impairment of assets
- Provisions, contingent liabilities and contingent assets
- Intangible assets
- Financial instruments: recognition and measurement
- Investment property
- Business combinations
- Financial instruments: disclosures