FRS definition
Examples of FRS in a sentence
Each of the Company Unaudited Financial Statements (i) was prepared, in all material respects, in accordance with FRS applied on a consistent basis throughout the periods indicated (except as may be indicated in the notes thereto), and (ii) gives a true and fair view, in all material respects, of the assets, liabilities, financial position and income of the Company (on a standalone basis) as at the date thereof and for the period indicated therein, except as otherwise noted therein.
Such non-statutory unaudited financial statements were prepared, in all material respects, in accordance with FRS applied on a consistent basis throughout the periods indicated, and do not materially misstate the assets, liabilities, financial position and income of the Company (on a standalone basis) as at the date thereof and for the period indicated therein, except as otherwise noted therein and subject to normal and recurring year-end adjustments and the absence of notes.