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FRS U.S. Stock Market Index Fund (120) Full Legal Name BlackRock Russell 3000 Index Collective Investment Trust; Class F Shares Data updated as of 06/30/2016 Historical Performance (%) 14% 12% FRS
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FRS U stands for Financial Reporting Standard for Small Entities (FRSSE) and is a simplified financial reporting framework for small companies.
Small entities or small companies that meet specific criteria are required to file FRS U.
To fill out FRS U, small entities need to follow the guidelines provided in the financial reporting standard and accurately report their financial information.
The purpose of FRS U is to provide a simplified financial reporting framework for small entities to help them prepare meaningful financial statements.
On FRS U, small entities must report their financial statements, including balance sheet, income statement, cash flow statement, and notes to the financial statements.
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