FRC (Financial Reporting Council): related pages

International Financial Reporting Standards are accounting standards set by the International Accounting Standards Board.

A set of rules, accounting principles and standards that are used in a particular region or country. Mostly being converged with IFRSs.

A simplified UK accounting standard for small organisations.

The independent checking of a company's accounts by external accounts.

The auditor's opinion on the whether a company's accounts give a true view of its finances.