FRS | AccountingWEB


I thought I'd covered everything in FRS VAT then this turned up.


The FRC has published draft changes to FRS 102 for defined benefit pensions to make it clearer before it becomes mandatory on 1 January 2015.

Evening all.

Recently taken on a client who runs a gym and has been doing so since September 2012, and has only now decided that he needs an accountant now.


The financial reporting overhaul scheduled for January 2015 is already underway and “represents the biggest change UK GAAP has seen, certainly in my lifetime”, acc

A client does event management for companies in UK, EU countries and US. She does travel into these countries to manage the events. She operates as a sole trader and is registered for FRS VAT.


In the second of a series of articles on the new UK GAAP


The new UK GAAP project has been ongoing for quite a while and the good news is that we are finally nearly there with the whole project, explains Steve Collings. 

FRS 10 deals with accounting requirements of goodwill and intangible assets.


Can someone help? I'm looking for a detailed/ practical list of the types exceptional costs that can be separated on the face of a P&L account??


Many thanks



In January the Accounting Standards Board (ASB) issued revised exposure drafts 46, 47 and 48 outlining their intention to replace all current FRSs/SSAPs and UITF Abstracts with a new ‘Financial