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FRC amends FRS 101 for insurance contracts

FRC amends FRS 101 for insurance contracts

The Financial Reporting Council (FRC) has issued an amendment to FRS 101 reduced disclosure framework as part of its annual review, to address a conflict with the new insurance contracts standard.

  • Shared by Accountancy Daily
  • July 16, 2019
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It is also consulting on a change in the hedge accounting requirements of FRS 102.

Read more at the Accountancy Daily

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