MFRS

Get ready for MFRS 19: Simplified financial reporting for eligible subsidiaries (Part 2)

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MFRS 19 ‘Subsidiaries without Public Accountability: Disclosures’ (the Standard) creates a reduced set of disclosures that certain in-scope entities can elect to apply instead of the disclosure requirements set out in other MFRS Accounting Standards.

The second part of this publication highlights the practical applications of MFRS 19 and the analysis of five commonly applied standards that indicates which disclosures are still required and which are not included in MFRS 19.

Simplified financial reporting for eligible subsidiaries

Simplified financial reporting for eligible subsidiaries

Read our publication to know more. Get ready for MFRS 19.

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How we can help

We hope you find the information in this article helpful in giving you some insight into aspects of MFRS 19. If you would like to discuss any of the points raised, please speak to your usual Grant Thornton contact.