Further copies, £9.00 post-free, can be obtained from:

ASB PUBLICATIONS

145 LONDON ROAD

KINGSTON UPON THAMES

SURREY KT2 6SR

TELEPHONE: 020 8247 1264

FAX: 020 8247 1124

ACCOUNTING STANDARDS BOARD APRIL 1994 FRS 5

REPORTING THE SUBSTANCE

OF TRANSACTIONS

5F

IN

AN

CI

AL

R

EP

OR

TI

NG

ST

AN

DA

RD

ACCOUNTINGSTANDARDSBOARD

Financial Reporting Standard 5‘Reporting the Substance of Transactions’ isissued by the Accounting Standards Board in respect of its application in the United

Accountants in Ireland in respect of itsapplication in the Republic of Ireland.

© The Accounting Standards Board Limited

This UK standard contains material in which the International Accounting StandardsCommittee Foundation (LASCF) holds copyright and which has been reproduced withthe permission of the LASCF. International Financial Reporting Standards (includingInternational Account Standards and SIC and IFRIC Interpretations), ExposureDrafts, and other IASB publications are copyright of the IASCF.

All rights reserved. No part of this publication may be reproduced, stored in a retrievalsystem or transmitted in any form or by any means without the prior permission in writingof the IASCF or the Accounting Standards Board or as expressly permitted by law or underterms agreed with the appropriate reprographics rights organisation.

Kingdom and by the Institute of Chartered

Further copies, £9.00 post-free, can be obtained from:

ASB PUBLICATIONS

145 LONDON ROAD

KINGSTON UPON THAMES

SURREY KT2 6SR

TELEPHONE: 020 8247 1264

FAX: 020 8247 1124

ACCOUNTING STANDARDS BOARD APRIL 1994 FRS 5

REPORTING THE SUBSTANCE

OF TRANSACTIONS

5

FI

NA

NC

IA

L

RE

PO

RT

IN

G

ST

AN

DA

RD

ACCOUNTINGSTANDARDSBOARD