What are reduced disclosures and how do I qualify?

What are reduced disclosures and how do I qualify?

Both FRS 101 and FRS 102 offer opportunities to certain entities to reduce the extent of the disclosures they provide in certain areas.

Both FRS 101 and FRS 102 offer opportunities to certain entities.

Both FRS 101 and FRS 102 offer opportunities to certain entities to reduce the extent of the disclosures they provide in certain areas. The reliefs are designed for use in the single entity financial statements of:

  • Subsidiaries of Groups preparing publicly available consolidated financial statements 
  • Parent companies of Groups preparing publicly available consolidated financial statements.

Connect with us

 

Request for proposal

 

Submit

Contact us

New GAAP

KPMG professionals can help your business adhere to the new Irish & UK GAAP framework.

 
Read more