This site uses cookies to improve your browsing experience and analyse use of our website. By clicking ‘I accept’ you agree and consent to our use of cookies. You can find out more about our cookies here. Find out more

FRS 102

FRS 102 – key themes and strategic report requirements

Following the reporting cycles for FRS 102 we reflect on the key themes and challenges coming out of the application of the standard. We also take the opportunity to remind clients of the requirements and principles to bear in mind when writing their strategic reports. 

FRS 102 could have significant tax and reporting implications for small businesses

The introduction of FRS 102 (the Financial Reporting Standard which replaces all current GAAP standards) represents a major re-write of UK GAAP and could substantially affect reported profits and tax liabilities. 

FRS 102 - a big change?

Audit Senior, Gemma Roger, highlights the similarities between becoming a new parent and FRS 102.