FRS 102

FRS 102 becomes mandatory for accounting periods starting on or after 1 January 2015. Steve Collings considers accounting for grants under the new GAAP.

UK GAAP is currently undergoing the most significant overhaul in a generation with the introduction of FRS 102 becoming mandatory for accounting periods commencing

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FRS 102 is getting closer to mandatory implementation, with accounting periods commencing on or after 1 January 20

Professional bodies have advised member firms whose clients will be affected by the transition to FRS 102 to start gathering data this year to aid the mandatory tr

FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland

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The government is grappling with legislative tax changes to cope with the transition when companies start applying new UK GAAP from January 2015.

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Financial reporting is soon to undergo the largest overhaul of its kind in the last 40 years with the disbanding of FRSs/SSAPs and UITF Abstracts and the replaceme

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The past year has certainly been an interesting year in terms of financial reporting, but 2014 will be another profound year of transition, says Steve Collings.

The Concepts and Pervasive Principles section is probably best described as the ‘backbone’ of how accounting standards are established, maintained and subsequently

Many companies in the UK choose to apply the Financial Reporting Standard for Smaller Entities (FRSSE) in preparing their financial statements, explai

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