Financial Reporting Standard 5
The Accounting Standards Board have now issued Financial Standard Reporting 5 (FRS5) - Reporting the Substance of Transactions. Highlights two principal changes to the Financial Reporting Exposure 4 (FRED4) which have been incorporated into FRS5, namely offset and partial de-recognition. Briefly discusses the ''linked presentation'' rules which were set out in FRED4 and have now been implemented in FRS5.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.