Topics within accounting for subsidiary undertakings are covered by Section 9 of FRS 102 under new UK GAAP.
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It was issued by the Accounting Standards Board in July 1992 and subsequently amended in December 2004 and June 2009.
This standard and all other old UK GAAP FRSs have been withdrawn for reporting periods starting on or after 1 January 2015.
Find links to the accounting standard, technical summaries, useful guides and other resources on FRS 2 collated by ICAEW Library & Information Service.
The accounting standard FRS 2 set out conditions relating to parent undertakings and the preparation of consolidated financial statements for subsidiaries.