FRS 102 definition

FRS 102 means the Financial Reporting Standard 102 applicable in the United Kingdom and Republic of Ireland in accordance with the disclosure requirements of section 1 A of the Financial Report Standard 102.

FRS 102 means Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland as issued by the Financial Reporting Council of the UK and in force for the accounting period ended on the Accounts Date.

FRS 102 means the Financial Reporting Standard applicable in the UK and Republic of Ireland as published and amended from time to time by the Financial Reporting Council.

Examples of FRS 102 in a sentence

• The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

• Instruments held at the year end are presented in line with amendments to FRS 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland Fair value hierarchy disclosures.

• Basis of preparation The financial statements have been prepared under the historical cost convention, as modified by the revaluation of investments, and in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" and the Statement of Recommended Practice ("SORP") for the Financial Statements of UK Authorised Funds issued by the Investment Management Association (IMA) in May 2014.

• The charity meets the definition of a public benefit entity under FRS 102.

• Cash flow statement The Funds are not required to produce a cash flow statement as it meets the exemption criteria set out in FRS 102 7.1A as the Funds' investments are highly liquid and carried at market value and a Statement of change in net assets is provided for the Funds.

More Definitions of FRS 102

FRS 102 means the Financial Reporting Standard Applicable in the UK and Republic of Ireland.

FRS 102 means Financial Reporting Standard 102 Section 1A Small Entities: The Financial Reporting Standard applicable in the UK and Republic of Ireland (applying the permitted reduced disclosure requirements as set out in Section 1 thereof) as issued by the FRC and in force for the accounting period ending on the Company Financial Statements Date.

FRS 102 means Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland as issued by the Financial Reporting Council of the UK and in force for the accounting period ended December 31, 2020.

FRS 102 means the Financial Reporting Standard Applicable in the UK and Republic of Ireland. ‘FTSE’ refers to ‘Financial Times Stock Exchange’.

FRS 102 means “FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland” published at the date of these Regulations by the FRC, as amended and updated from time to time;

FRS 102 the Financial Reporting Standard 102; "Fundamental Warranties" the Warranties set out in paragraphs 1 to 3 of Schedule 4; "GBP" or "£" is a reference to the lawful currency adopted by the United Kingdom; "GCRA" has the meaning given in Clause 5.1.4; "GCSA" the global cost sharing arrangement between members of the Seller's Group (including the Target Group); "GFSC" the Guernsey Financial Services Commission; "Guarantees" each of: (i) the guarantee made by the Seller dated 31 July 2018, in favour of the Company to make available an aggregate principal amount not exceeding GBP 109,900,000, as Disclosed in the Data Room; (ii) the guarantee made by the Seller dated 28 December 2018, in favour of the Company to make available an aggregate principal amount not exceeding GBP 7,570,000, as Disclosed in the Data Room; and (iii) the surety made by the Seller dated 21 July 2005, as amended on 4 June 2015, in favour of the landlord under the lease dated 21 July 2005 entered into by Comprop Guernsey Limited, Meespierson Reads Group Services Limited and Fortis Bank Nederland (Holding) N.V., as Disclosed in the Data Room; "Guernsey Banking Law" the Banking Supervision (Bailiwick of Guernsey) Law, 1994;

FRS 102. Financial Reporting Standard 102, Share-based Payment