FRS 100 and International Electrotechnical Commission: Difference between pages

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''UK and Irish accounting.''
''Treasury - information technology - artificial intelligence - standards.''


Financial Reporting Standard 100, which deals with the application of Financial Reporting Requirements for companies and other reporting entities in the UK and the Republic of Ireland.
(IEC).


The International Electrotechnical Commission is established to support high quality infrastructure and international trade in electrical and electronic goods.


FRS 100 sets out overall financial reporting requirements.
It develops and publishes IEC International Standards that provide instructions, guidelines, rules or definitions that are then used to design, manufacture, install, test & certify, maintain and repair electrical and electronic devices and systems.


It gives many entities a choice of detailed accounting requirements depending on factors such as:
''(Source - IEC.)''


(i) Their size. <br>
(ii) Whether or not they are part of a publicly listed group.


== See also ==
* [[Artificial intelligence]]
* [[Artificial Intelligence Management System]]  (AIMS)
* [[Artificial super-intelligence]]  (ASI)
* [[Augmented reality]]
* [[British Standards Institution]]  (BSI)
* [[ChatGPT]]
* [[Data]]
* [[Deepfake]]
* [[Ethics]]
* [[Fourth industrial revolution]]
* [[Google Gemini]]
* [[Governance]]
* [[Hallucination]]
* [[HLEG]]
* [[Human-in-the-loop]]
* [[Information technology]]
* [[International Electrotechnical Commission]]  (IEC)
* [[Internet of Things]]
* [[ISO]]
* [[ISO 27001]]
* [[ISO 42001]]
* [[Machine learning]]
* [[Quantum computing]]
* [[Robotic process automation]]
* [[Robotics]]
* [[Software robot]]
* [[Standard]]
* [[Technological singularity]]


FRS 100 does not require any entities to apply international accounting standards that were not already required to do so.


==Other resource==
*[https://www.iec.ch/what-we-do The International Electrotechnical Commission - about us]


FRS 100 - in conjunction with FRS 101, FRS 102, FRS 103, FRS 104 and FRS 105 - is designed to:
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Technology]]
#Implement an international-based financial accounting framework for all relevant UK and Irish reporting entities.
[[Category:The_business_context]]
#Use consistent accounting language, regardless of the size of the reporting entity.
#Retain a proportionate approach to disclosure: to meet users’ information needs, without imposing excessive reporting burdens.
 
 
==See also==
* [[Financial reporting]]
* [[FRS 101]]
* [[FRS 102]]
* [[FRS 103]]
* [[FRS 104]]
* [[FRS 105]]
* [[International Financial Reporting Standards]]  (IFRS)
* [[Reporting entity]]
* [[US GAAP]]
 
 
==External link==
* [https://www.iasplus.com/en-gb/standards/uk-gaap/frs100 FRS 100 - UK Accounting Plus]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Technology]]
[[Category:The_business_context]]

Revision as of 05:55, 8 October 2024

Treasury - information technology - artificial intelligence - standards.

(IEC).

The International Electrotechnical Commission is established to support high quality infrastructure and international trade in electrical and electronic goods.

It develops and publishes IEC International Standards that provide instructions, guidelines, rules or definitions that are then used to design, manufacture, install, test & certify, maintain and repair electrical and electronic devices and systems.

(Source - IEC.)


See also


Other resource

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