FRED 75 Draft amendments to FRS 104 – Going concern
23 July 2020
FRED 75 proposes to clarify the requirement to assess the going concern basis of accounting, and require the disclosure of any related material uncertainties when preparing interim financial statements in accordance with FRS 104.
The proposals are expected to apply to interim periods beginning on or after 1 January 2021, with early application permitted.
Comments should be provided by 1 September 2020.