Amendment to FRS 119: Reduced Disclosures Extended to More Entities Introduction ACRA is making financial reporting simpler for many small companies. With the recently amended FRS 119 – Subsidiaries and Small Entities without Public Accountability: Disclosures, eligible entities will now enjoy reduced disclosure requirements when preparing financial statements. This change kicks in for financial periods … Continue reading Amendment to FRS 119: Reduced Disclosures Extended to More Entities