OT02025 - Oil Industry accounting: adoption of IFRS by UK companies

Page archived as a) section 2020 refers to UK listed companies having to comply with Article 4 of the IAS regulation, 2005 is long since gone, the SORP has been withdrawn and IFRS 6 applies for IFRS and FRS 101 preparers and, through, direct reference to IFRS 6, FRS 102 preparers. However, some of this will be replicated in section 2030.