Enter FRSME: What’s the difference?
Posted by mostafa on 29 June, 2011
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This item was filled under Accounting
The proposed overhaul of UK GAAP is considered to be the most dramatic change for decades. There is no doubt that the proposals would have a significant effect on businesses, which currently apply UK FRSs. This article sets out the main areas of impact for those currently using UK GAAP, and the key differences that the FRSME will bring.