FRC welcomes improvements in impairment disclosures
Posted by Gina Dyer in Financial reporting on Thu, 02/07/2009 - 11:10
- Of the 30 company accounts assessed, 22 were found to have improved impairment information.
- Four sets of company accounts will be subject to further review.
- FRC advises companies should seek to improve goodwill and intangible asset disclosures.
A Financial Reporting Council review panel has found that 22 of 30 large companies analysed have improved the impairment disclosures in their financial statements.
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