Financial Reporting

Steve Collings says companies at the smaller end of the scale are set for some sweeping changes in the way that they will report financial information.
The draft standard for FRS 105 will do away with the Financial Reporting Standard for Smaller Entities (FRSSE) for accounting periods beginning on or after 1 January 2016. 11
This is the second in a two-part series relating to the transition across to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.