21 July 2011: UK FRC reaffirms importance of ‘true and fair’

Posted by on 21 July, 2011
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The Accounting Standards Board (ASB) and Auditing Practices Board (APB) of the United Kingdom Financial Reporting Council (FRC) have published a paper confirming their view that the true and fair requirement remains of fundamental importance in both UK GAAP and IFRS.

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