Financial Reporting Council and Scrip issue: Difference between pages

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(FRC). The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.
An issue of bonus shares in proportion to existing shares held.


Its functions also include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.
A 'one-for-one' scrip issue would mean that one new share was issued for each share held.  This would effectively halve the share price; each shareholder would still have the same share value.


== See also ==
== See also ==
* [[Accounting standards]]
* [[Share split]]
* [[Accounting Standards Board]]
* [[Scrip dividend]]
* [[Auditing Practices Board]]
* [[Board for Actuarial Standards]]
* [[Financial Reporting Review Panel]]
* [[Professional Oversight Board]]
* [[UK Corporate Governance Code]]
* [[UK Stewardship Code]]
 

Revision as of 21:59, 19 August 2013

An issue of bonus shares in proportion to existing shares held.

A 'one-for-one' scrip issue would mean that one new share was issued for each share held. This would effectively halve the share price; each shareholder would still have the same share value.

See also

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