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FRSSE |
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entities, except those that elect to apply the Financial Reporting Standard for Smaller Entities (FRSSE), would apply IFRS for SMEs; and Tier 3: Small entities could choose to continue to apply FRSSE if they do not exceed two or more of the following criteria--turnover [pounds sterling]6,500,000; balance sheet total [pounds sterling]3,260,000; and average number of employees, 50. The exception to this would be that the smallest firms could still apply the FRSSE (see table). The ASB seems to be tempted to create three levels of standards by inserting a middle tier for UK firms that don't want IFRS but are too big for FRSSE or SME IFRS. |
FRSSE |
Frsenel term FRSF FRSG FRSGC FRSGS FRSH FRSI FRSIC FRSIPC FrSIRT FRSITO FRSK FRSL FRSM FRSN FRSNE FRSNZ FRSNZ Frso FRSP FRSPSoc FRSQ FRSR FRSS FRSSD FRSSE FrstFRSTN FRSU FRSW FRSWC FRT FRT FRT FRT frt. FRTA FRTAB FRTB FRTBC FRTC FRTD FRTDBS FRTE FRTEF FRTEP FRTF FRTFL FRTI FRTIB FRTK FRTL FRTL5 | |||||
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