FRC

From Financialjargon
Jump to: navigation, search

Definition of FRC

The Financial Reporting Council is the UK’s independent regulator responsible for promoting confidence in corporate governance and reporting.

Accounting standards developed by the ASB are contained in 'Financial Reporting Standards' (FRSs). Soon after it started its activities, the ASB adopted the standards issued by the ASC, so that they also fall within the legal definition of accounting standards. These are designated 'Statements of Standard Accounting Practice'

See Also

Financial Training

Financial Training which uncovers Financial Jargon 

Personal tools
Namespaces
Variants
Actions
Navigation
Toolbox
Real Time Web Analytics