UK FRC: Corporate reporting insights for smaller listed companies

The UK Financial Reporting Council (FRC) has published thematic guidance for smaller UK-listed companies on corporate reporting. 

The guidance focuses on:

• Revenue recognition
• Cash flow statements
• Impairment of non-financial assets
• Financial instruments

For each of these four areas, the FRC has outlined the reporting requirements and provided illustrative examples of both good quality reporting and less informative disclosures.

Available here

Channels: 

Companies: