We comment on FRED 67— 'Draft amendments to FRS 102 - Triennial review - Incremental improvements and clarifications'

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04 Jul 2017

We have published our comment letter on the Financial Reporting Council’s (FRC’s) Financial Reporting Exposure Draft (FRED) 67 ‘Draft amendments to FRS 102 - Triennial review - Incremental improvements and clarifications'.

Overall we agree with the draft amendments to FRS 102 as set out in FRED 67.  We are pleased to note that many of the issues we have drawn to the attention of the FRC in connection with the triennial review have been addressed in these proposals.  However there are a few outstanding issues which should be considered.

Further comments and a full response to all questions raised in the invitation to comment are contained within the full comment letter.

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