FRSSE hangs in the balance

  • Three-tier ASB convergence roadmap suggests continued role for FRSSE
  • Big firms not keen on FRSSE, nor is ACCA, but ICAEW supports it
  • HMRC urges delay for 2012 implementation date

The finest technical accounting minds in the nation have delivered their thoughts on the move to international accounting standards and the future of the Financial Reporting Standard for Smaller Entities – but are divided on whether or not FRSSE should be retained beyond 2012.

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