Financial Reporting Group - interim arrangements
From 1 March, the Financial Reporting Group (FRG) ceased to be part of the Profession’s organisational structure following a recommendation by the group not to establish a financial reporting member interest group.
The former members of the group have agreed to meet for the next three months with the broad aim of preparing a presentation aimed at all members of the Profession and other interested parties. A possible theme for the presentation is a comparison of accounting treatment between the IASB’s views in its insurance project, the UK’s response, and IAS 19.
If you would like to join a forum in which financial matters are discussed, you could consider approaching the newly formed financial reporting faculty of the Institute of Chartered Accountants in England and Wales (ICAEW). For more details, please visit www.icaew.com
