Comments from ACCA to the Financial Reporting Council
30 April 2015
ACCA has considered the proposals in the FRED and in particular, the summaries in paragraphs 5 – 7 and 14 – 15 in the Accounting Council’s Advice section. We believe that the proposals are acceptable, and we have no concerns to raise with the FRC.
We consequently agree with the proposed amendments (Question 1 in the FRED), and do not have any comments on the Consultation Stage Impact Assessment (Question 2).