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FRS 105 Micro Entities

The United Kingdom has an interesting financial reporting scheme called FRS 105, The Financial Reporting Standard applicable to the Micro-Entities Regime.  That financial reporting scheme uses the FRS 102 XBRL Taxonomy (here is an easy to read version).  Here is the actual XBRL terms: core | bus.

The UK is not modularizing the XBRL taxonomies in a manner similar to the IFRS or US GAAP XBRL Taxonomy.  They combined things together than you cannot undo, which is unfortunate.

Posted on Wednesday, December 23, 2020 at 02:50PM by Registered CommenterCharlie in | CommentsPost a Comment

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