Financial Reporting Standard
- Financial Reporting Standard
Financial Reporting Standard Fiˌnancial ˈReporting ˌStandard abbreviation FRS noun [countable usually plural] ACCOUNTING
• Financial Reporting Standard no. 3 requires asset disposals to be separated from other components of the profit and loss account.
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Financial Reporting Standard UK US noun [C] (ABBREVIATION FRS)
► ACCOUNTING »
The report assumes that Financial Reporting Standard 3, Reporting Financial Performance, has been put into effect.
Financial and business terms.
2012.
Look at other dictionaries:
Financial Reporting Standard — Financial Reporting Standards (FRS) Accounting standards issued by the Accounting Standards Board (ASB). Related links Accounting Standards Board ( … Law dictionary
Financial Reporting Standard 20 — (FRS 20) The UK requirements for accounting for share based payment in company accounts. The standard mirrors IFRS 2. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
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