| 34.35 | A retirement benefit plan need not comply with the requirements of paragraph 3.17. The financial statements of a retirement benefit plan shall contain as part of the financial statements: |
| (a) | a statement of changes in net assets available for benefits (which can also be called a Fund Account) (see paragraph 34.37); |
| (b) | a statement of net assets available for benefits (see paragraph 34.38); and |
| (c) | notes, comprising its significant accounting policies and other explanatory information. [AMD 565] |
| 34.36 | At each reporting date, the net assets available for benefits shall be measured in accordance with paragraph 28.15(b). Changes in fair value shall be recognised in the statements of changes in net assets available for benefits. [AMD 566] |
| AMD 565 Amendment Paragraph 34.35(c) amended by Amendments to FRS 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland – Triennial review 2017 – Incremental improvements and clarifications (issued December 2017) Effective date 01/01/2019 Previous text (c) notes, comprising a summary of significant accounting policies and other explanatory information. |
| AMD 566 Amendment Paragraph 34.36 amended by Amendments to FRS 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland – Triennial review 2017 – Incremental improvements and clarifications (issued December 2017) Effective date 01/01/2019 Previous text 34.36 At each reporting date, the net assets available for benefits shall be measured in accordance with paragraph 28.15(b). Changes in fair value shall be recognised in the statements of changes in net assets available for benefits. |
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