FRS 102: Accountants prepare for the transition

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“There’s a higher level of preparedness this time this year compared with last year,” says Julia Penny, SWAT UK’s technical divisional director, reflecting on how accountants are making the FRS 102 transition.

“But there are still a lot of people who only deal with small companies who are only just starting to think about how they need to prepare.”

AccountingWEB joined a group of accountants at Wolter Kluwer’s Making the transition to FRS 102 event in London to learn how accountants are preparing for the new reporting regime and whether they have got to grips with the new amendments which launched from 1 January 2016.&nb...

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About Richard Hattersley

Richard Hattersley

Richard is AccountingWEB's practice correspondent. If you have any comments or suggestions for us get in touch.


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11th Mar 2016 12:51

Micro Company Turnover

Is the threshold not £632k as opposed to £316k for turnover?

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11th Mar 2016 13:57

Article ammended

elpedro1977 wrote:

Is the threshold not £632k as opposed to £316k for turnover?

Ah, thanks for spotting that. I have corrected the article. 

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