UK Department for Business confirms that accounts prepared under IFRS and UK GAAP are compliant with UK and EU law

Posted by on 3 October, 2013
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The United Kingdom Department for Business Innovation and Skills (BIS) has today confirmed that all accounts prepared in accordance with UK or International Financial Reporting Standards (IFRSs) are compliant with UK and EU law. The UK Financial Reporting Council (FRC) confirms the findings.

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