United Kingdom

Financial Reporting Publications 

Keep up to date with developments in financial reporting with our publications Breaking News UK and Financial Reporting Update.

 

   

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:

December 2014

  

  • Breaking News UK − UK and international financial reporting developments
  • Holiday pay: Unite decides not to appeal
  • Donations by a company to its parent charity
  • FRC’s year-end advice for preparers
  • FRC calls for greater clarity in reporting complex supplier arrangements
  • 2014 UK GAAP Checklist
  • Updated Pension Scheme SORP issued for new UK GAAP
  • FRC consults on amendments to FRS 101
  • IFRS: newly effective standards
  • Latest IFRS enforcement decisions
  • IFRS compared to US GAAP
  • Illustrative disclosures for investment funds

 

Read Breaking News

 

 

Previous Editions

 

    

Financial Reporting Update

 

Financial Reporting Update examines certain developments in UK financial reporting in more detail.

 

Latest edition:

December 2014, Issue 2

 

Holiday pay to include overtime 

 

 

Financial reporting update 

 

 

Download this edition

 

 

 

 

Previous Editions

 

 

 

 

 

 

 

Subscribe to Breaking News UK

You can subscribe to Breaking News UK 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