Filleted financial statements and Financial Assistance Scheme: Difference between pages

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Filleted financial statements are accounts which contain less information than full accounts.
(FAS). ''Pensions''. 
A limited compensation scheme set up by the UK Government to support benefits payable by pension schemes winding up between January 1997 and April 2005 and unable to pay benefits in full.  


Most financial reporting systems allow smaller and medium-sized organisations to report limited financial information in this way for some purposes, in order to reduce the administrative burdens on them. For example, UK company law allows smaller entities to report less information for the public record at Companies House, compared with larger organisations.
== See also ==
 
* [[Pension Protection Fund]]
However, fuller-form and more detailed accounts are normally still required for other purposes. For example, for most tax purposes and for reporting to shareholders.
 
 
Also known as filleted accounts.
 
 
==See also==
* [[Abridged accounts]]
* [[Companies House]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 15:35, 5 May 2013

(FAS). Pensions. A limited compensation scheme set up by the UK Government to support benefits payable by pension schemes winding up between January 1997 and April 2005 and unable to pay benefits in full.

See also

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