FRS 103: Difference between revisions
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imported>Doug Williamson (NEW ENTRY - Creating new FRS. Source: https://www.frc.org.uk/Our-Work/Codes-Standards/Accounting-and-Reporting-Policy/Accounting-Standards-and-Statements-issued-by-the/Standards-in-Issue.aspx and http://www.icaew.com/en/library/subject-gateways/acco) |
imported>Doug Williamson (Added reporting period) |
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Financial Reporting Standard 103 Insurance Contracts concerns the consolidated accounting and reporting requirements for entities in the UK and Republic of Ireland issuing insurance. | Financial Reporting Standard 103 Insurance Contracts concerns the consolidated accounting and reporting requirements for entities in the UK and Republic of Ireland issuing insurance. | ||
This applies to reporting periods starting on or after 1 January 2015. | |||
This standard is relevant to entities applying FRS 102 (whether or not they are ‘insurance companies’) regarding insurance contracts that the entity issues and reinsurance contracts that the entity hold. | This standard is relevant to entities applying FRS 102 (whether or not they are ‘insurance companies’) regarding insurance contracts that the entity issues and reinsurance contracts that the entity hold. | ||
Revision as of 15:02, 17 January 2015
UK accounting.
Financial Reporting Standard 103 Insurance Contracts concerns the consolidated accounting and reporting requirements for entities in the UK and Republic of Ireland issuing insurance.
This applies to reporting periods starting on or after 1 January 2015.
This standard is relevant to entities applying FRS 102 (whether or not they are ‘insurance companies’) regarding insurance contracts that the entity issues and reinsurance contracts that the entity hold.
