ACCA SBR UK Syllabus C. Reporting The Financial Performance Of A Range Of Entities - Specialised activities - Notes 18 / 24
Specialised activities
Differences between Section 34 of FRS 102 and IAS 41 Agriculture are:
IAS 41 | FRS 102 Section 34 |
---|---|
IAS 41 requires that biological assets are measured at fair value less costs to sell. | For each class of biological assets and its related agricultural produce an entity has the choice whether to apply a fair value model or a cost model. |
Fuller disclosures | Reduced disclosures |
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Syllabus C. Reporting The Financial Performance Of A Range Of Entities
C10. Reporting requirements of small entities
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Syllabus C. Reporting The Financial Performance Of A Range Of Entities
C10. Reporting requirements of small entities