Developed to assist Main Street businesses with streamlined financial reporting, the Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs™) is an option for some businesses. Use this resource for getting answers to frequently asked questions about this framework, including:
Which entities can use the framework?
Which entities are excluded from using the framework?
How is this different from other special purpose frameworks (SPFs) such as tax and cash basis of accounting?
Download the resource for answers to