Search within this section
Select a section below and enter your search term, or to search all click FRC other
Favorited Content
FRC Thematic review: Judgements and estimates update
Publication date: 01 Jul 2022
uk FRC guidance
Disclosures about significant accounting judgements and sources of estimation uncertainty provide important information about reports and accounts. These disclosures allow readers to assess how the accounting policies applied have been affected by the judgements taken by management. They facilitate a better understanding of assumptions made about the future and the extent to which changes to those assumptions may affect a company’s future position.
Financial Reporting Council Ltd (FRC). Adapted and reproduced with permission from the FRC (www.frc.org.uk).
Link copied
