Statements of Standard Accounting Practice
Statements of Standard Accounting Practice (SSAP)
In the UK, the Accounting Standards Board (ASB) issues accounting standards (a set of statements setting out standard accounting practice in relation to certain issues). Standards developed by the ASB are contained in Financial Reporting Standards (FRSs) and those developed by its predecessors are designated as SSAPs. While some of the SSAPs have been superseded by FRSs, some remain in force.
For a full list of current accounting standards and further information, see the ASB website.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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