Our publication Cutting through UK GAAP discusses in detail the requirements of the new UK GAAP regime (FRSs 100, 101 and 102) applicable for periods commencing on or after 1 January 2015 and summarises the differences between FRS 102, current UK GAAP and EU-IFRS.
Our second edition, issued in September 2015, includes examples to illustrate the application of the requirements of FRS 102 and our interpretation of those requirements in a number of areas in which the standard is not explicit, necessitating judgement to apply them appropriately.
- Read Cutting through UK GAAP
(PDF 1.53 MB)
Breaking News UK is our new monthly bulletin that brings you the latest need-to-know information on UK and international standards in the accounting and regulatory space.
Financial Reporting Update examines certain developments in UK financial reporting in more detail.