We comment on FRED 63 — Draft amendments to FRS 101 'Reduced Disclosure Framework' - 2015/16 cycle
31 Mar, 2016
We have published our comment letter on the Financial Reporting Council's (FRC's) Financial Reporting Exposure Draft (FRED) 63 Draft amendments to FRS 101 'Reduced Disclosure' Framework - 2015/16 cycle.
As stated in the comment letter, we support the amendments proposed in the FRED however we highlight the need for the FRC to clarify the current requirement to notify shareholders about their right to object to the use of FRS 101.
Please click to access the full comment letter.