Accounting for corporate finance: derivative contracts: FRS 13 disclosure requirements: types of disclosure
Three types of disclosure
The FRS13 disclosure requirements are categorised under the following headings:
- narrative disclosures CFM24070
- disclosure of accounting policies CFM24080
- numerical disclosures CFM24090.
Although many of the disclosure requirements are the same for the three categories of entity defined in FRS13 (Parts A, B and C are explained at CFM24020), the numerical disclosure requirements for financial institutions (Part B) are more detailed.
In this guidance, however, we focus primarily on the disclosure requirements for non-financial institutions (FRS13 Part A).