FRS 101 and Holding company: Difference between pages

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''UK and Irish accounting.''
A company that owns or controls others.


Financial Reporting Standard 101, dealing with the Reduced Disclosure Framework for financial reporting in the UK and the Republic of Ireland.
In the narrow use of the expression, it also implies that the company does not actively trade itself but operates through various trading subsidiaries.


Sometimes known as a 'holdco' (also written HoldCo).


FRS 101 applies to companies which are members of larger public groups.


FRS 101 sets out reduced disclosure requirements (within the framework of IFRS) for 'qualifying entities'.
== See also ==
 
* [[Consolidated group accounts]]
 
* [[Group]]
Qualifying entities for this purpose are members of groups where:
* [[Management fee]]
 
* [[Operating company]]
(i) The parent of the group prepares publicly available consolidated financial statements; and <br>
* [[Propco]]
(ii) The qualifying entity is included in the consolidation prepared by the parent company.
* [[Subsidiary]]
 
* [[Topco]]
 
==See also==
* [[FRS 100]]
* [[FRS 102]]
* [[FRS 103]]
* [[FRS 104]]
* [[FRS 105]]
* [[IFRS]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Intercompany_funding]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Financial_products_and_markets]]

Latest revision as of 13:51, 17 September 2022

A company that owns or controls others.

In the narrow use of the expression, it also implies that the company does not actively trade itself but operates through various trading subsidiaries.

Sometimes known as a 'holdco' (also written HoldCo).


See also