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BEDFORD DISCUSSION GROUP Small Companies & FRS 102 Andrew Mead Tuesday 23 May 2017, 18:00 for 18:30 20:00 Premier House, Burke Street, Bedford, MK40 3HUMany larger companies have already got to grips
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Small companies amp frs refers to the financial reporting standard specifically designed for small companies to simplify their financial reporting requirements.
Small companies that meet specific criteria such as being classified as small under the Companies Act are required to file small companies amp frs.
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The purpose of small companies amp frs is to provide a simplified financial reporting framework for small companies, reducing the reporting burden while still ensuring relevant financial information is presented.
Small companies amp frs typically require information such as balance sheets, profit and loss statements, cash flow statements, and notes to the financial statements.
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