CHARITIES are concerned at the prospect of losing FRSSE, the accounting standard for the smallest entities based on UK GAAP. Popular for its simplicity ... entities to an IFRS-based system, ensuring ...

As an old accountancy system phases out, UK hedge fund managers now face a choice between two systems: the revised UK Generally Accepted Accounting Principles (GAAP) and International ... To access ...

The largest organisations in the UK must report in IFRS, SMEs using UK GAAP and micro entities FRSSE (Financial Reporting Standards for Smaller Entities). However, in the previous proposal the ASB ...