This statistic presents the impact the new Financial Reporting Standard (FRS 102) has had on different areas of financial businesses in the United Kingdom, as of August 2014. The majority of respondents reported the most visible impact on the profit and loss account (45 percent of the sample) and on goodwill - in accounting (42 percent).
Which area(s) of your financial statements will be most affected by FRS 102 (new Financial Reporting Standard for United Kingdom and Republic of Ireland)
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Smith & Williamson. (August 28, 2014). Which area(s) of your financial statements will be most affected by FRS 102 (new Financial Reporting Standard for United Kingdom and Republic of Ireland) [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/327140/uk-financial-survey-frs-reporting/
Smith & Williamson. "Which area(s) of your financial statements will be most affected by FRS 102 (new Financial Reporting Standard for United Kingdom and Republic of Ireland)." Chart. August 28, 2014. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/327140/uk-financial-survey-frs-reporting/
Smith & Williamson. (2014). Which area(s) of your financial statements will be most affected by FRS 102 (new Financial Reporting Standard for United Kingdom and Republic of Ireland). Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/327140/uk-financial-survey-frs-reporting/
Smith & Williamson. "Which Area(S) of Your Financial Statements Will Be Most Affected by Frs 102 (New Financial Reporting Standard for United Kingdom and Republic of Ireland)." Statista, Statista Inc., 28 Aug 2014, https://www.statista.com/statistics/327140/uk-financial-survey-frs-reporting/
Smith & Williamson, Which area(s) of your financial statements will be most affected by FRS 102 (new Financial Reporting Standard for United Kingdom and Republic of Ireland) Statista, https://www.statista.com/statistics/327140/uk-financial-survey-frs-reporting/ (last visited May 11, 2024)
Which area(s) of your financial statements will be most affected by FRS 102 (new Financial Reporting Standard for United Kingdom and Republic of Ireland) [Graph], Smith & Williamson, August 28, 2014. [Online]. Available: https://www.statista.com/statistics/327140/uk-financial-survey-frs-reporting/