United Kingdom

Financial Reporting Publications 

Keep up to date with the latest changes in financial reporting with our publications Breaking News UK, Financial Reporting Update and Financial Reporting Matters.



New UK GAAP     


Our new 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. 


The publication will be of great benefit when considering whether to adopt the standards early, and also in making the decision as to which GAAP to apply from 2015.


  • Read Cutting through UK GAAP



Breaking News UK     


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.


Latest edition:

October 2014


  • Breaking News UK − UK and international financial reporting developments
  • FRC issues revised procedures for its review of financial statements
  • FRC Corporate Reporting Review – Annual Report 2014
  • Analysis of proposed amendments to accounting for deferred taxes
  • Simplifying EPS


Read Breaking News



Previous Editions


Financial Reporting Update


Financial Reporting Update is our regular bi-monthly newsletter detailing the latest developments in financial reporting.


Latest edition:

June/July 2014


  • FRC issues guidance on the Strategic Report
  • Changes to Listing Rules for premium-listed companies
  • 2014 UK GAAP Checklist
  • IFRS newsletters and publications


Click here to view this edition





Previous Editions




Financial Reporting Matters


Financial Reporting Matters is a short occasional newsletter that alerts you to key changes in UK and International Financial Reporting Standards and UK company law.


Latest edition:

March 2013


  • Closing the GAAP 


Click here to view this edition


Previous Editions






Subscribe to Breaking News UK

You can subscribe to Breaking News UK by sending us an email


Subscribe to Financial Reporting Update

You can subscribe to Financial Reporting Update by sending us an email


A practical guide to the strategic report

A practical guide to the Strategic Report (PDF 706 KB) provides guidance for companies developing their strategic reports, highlighting the key questions for boards to ask as they review their first strategic reports produced under the 2014 FRC guidance.


A practical guide to the strategic report

Guide to Reporting Directors' Remuneration

KPMG's guide to directors’ remuneration reporting examines the requirements and application of the new legislation which applies to quoted companies for periods ending on or after 30 September 2013.

Global IFRS Institute

KPMG IFRG Limited publishes a series of IFRS-related updates, which are available on its web siteIn the Headlines, summarises new exposure drafts and standards issued by the IASB, as well as any other relevant developments affecting current and future IFRS reporters. 

KPMG comment letters

KPMG in the UK submits its views on draft proposals for new and revised standards, interpretations and abstracts published by national standard setters and related organisations.


 UK GAAP Checklist