FRS 101 definition

FRS 101 means the applicable accounting standards issued by the Financial Reporting Council and promulgated by the Institute of Chartered Accountants in Ireland, including FRS 101 Reduced Disclosure Framework (Generally Accepted Accounting Practice in Ireland) and Irish statute comprising the Companies ▇▇▇ ▇▇▇▇, including the European Union (Insurance Undertakings: Financial Statements) Regulations 2015.
View Source
FRS 101 means the applicable accounting standards issued by the Financial Reporting Council and promulgated by the Institute of Chartered Accountants in Ireland, including FRS 101 Reduced Disclosure Framework (Generally Accepted Accounting Practice in Ireland) and Irish statute comprising the Companies Act 2014, including the European Union (Insurance Undertakings: Financial Statements) Regulations 2015.
View Source
FRS 101 means “FRS 101 Reduced Disclosure Framework” issued by the Financial Reporting Council; “Fundamental Warranties” means the warranties set out in paragraphs 1.1, 1.2, and 16 of Schedule 6 and “Fundamental Warranty” means any one of them; “Fundamental Warranty Claim” means any claim in respect of a breach of any of the Fundamental Warranties; “Further Acquisition Agreement” means the agreement between the Investor and the Seller to be entered into on the date hereof pursuant to which the Investor has the option to acquire from the Seller the Minority Owner Shares; “Further Excess Cash Dividend” has the meaning given in Clause 5.9; “Gas Forecasting GSA” means the gas forecasting general services agreement in the Agreed Form to be entered into between NGESO and NGG on or around 1 April 2022; “▇▇▇▇ Group” means ▇▇▇▇ TopCo and any ▇▇▇▇ Group Companies from time to time; “▇▇▇▇ Group Companies” means ▇▇▇▇ TopCo and its subsidiaries as listed in Schedule 1, together with any other subsidiaries of ▇▇▇▇ TopCo from time to time and “▇▇▇▇ Group Company” means any one of them;
View Source

Examples of FRS 101 in a sentence

  • The financial reporting framework that has been applied in their preparation of the Group financial statements is Irish Law and International Financial Reporting Standards (IFRS) as adopted by the European Union and, as regards the Parent Company financial statements, Irish Law and FRS 101 Reduced Disclosure Framework.

  • The individual financial statements of the Company have been prepared in accordance with FRS 101 Reduced Disclosure Framework (“FRS 101”).

  • The Company financial statements have adopted certain disclosure exemptions available under FRS 101.


More Definitions of FRS 101

FRS 101. ’ means United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS 101 ‘‘Reduced Disclosure Framework’’
View Source

Related to FRS 101

  • NI 44-101 means National Instrument 44-101 – Short Form Prospectus Distributions;

  • NI 43-101 means National Instrument 43-101 – Standards of Disclosure for Mineral Projects;

  • NI 58-101 means National Instrument 58-101 Disclosure of Corporate Governance Practices;

  • NI 51-101 means National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities;

  • MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions;