Comment deadline for IMA SORP ED

When 31 Oct, 2013
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Timezone UTC
Where London
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The Investment Management Association (IMA) has published an Exposure Draft (ED) on a revised Statement of Recommended Practice (SORP) setting out proposals for the preparation of financial statements by UK authorised funds.

Among other things, the ED updates the previous SORP to include the requirements of FRS 100 ‘Application of Financial Reporting Requirements’ and FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'; two of the three main standards that were introduced as a package to replace UK GAAP

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