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Financial reporting standard for smaller entities (FRSSE)

The FRSSE sets out accounting requirements and disclosures for smaller entities, as modified and simplified from other accounting standards and UITF abstracts. Find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments.

What's on this page?

  • Full-text standard
  • Summaries
  • ICAEW guidance and support
  • FRC news
  • Guides
  • Online articles
  • Articles and books from the Library

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Full-text standard

Financial Reporting Standard for Smaller Entities (effective January 2015)
This is the full text of the original standard as issued by the Accounting Standards Board in July 2013. It does not include the amendments made in April 2014.

A consolidated version of the standard which includes these amendments is available from the Library. Please contact us by phone on +44 (0)20 7920 8620, by fax on +44 (0)20 7920 8621 or by email at library@icaew.com for more information.

Amendments

Amendments to the Financial Reporting Standard for Smaller Entities (effective April 2008); and the Financial Reporting Standard for Smaller Entities (effective January 2015): Micro-entities
Amendment issued by the FRC in April 2014.

Other versions

Financial Reporting Standard for Smaller Entities (effective April 2008)
This is the full text of the original standard as issued by the Accounting Standards Board in June 2008. It updates and supersedes the previous FRSSE (effective January 2007).

Financial Reporting Standard for Smaller Entities (effective January 2007)
As issued by the ASB in January 2008.

Financial Reporting Standard for Smaller Entities (effective January 2005)
As issued by the ASB in April 2005.

Financial Reporting Standard for Smaller Entities (effective June 2002)
As issued by the ASB in December 2001.

Summaries

FRSSE
Summary published by the Financial Reporting Council.

ICAEW guidance and support

Financial Reporting Faculty
The faculty offers assistance and support in IFRS, UK GAAP and other aspects of business reporting. It offers technical briefings and factsheets, IFRS and UK GAAP standards-trackers, plus practical advice from industry experts and working accountants.

FRC news

FRC simplifies accounting for micro-entities
Press notice issued by the FRC on 29 April 2014 announcing an amended version of the FRSSE.

Guides and publications

FRS 102: How it will affect the FRSSE
Article by Steve Collings published in Accounting Web in November 2013 on how FRSSE interacts with the new UK GAAP.

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided subject to suppliers' terms of use.

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by fax on +44 (0)20 7920 8621 or by email at library@icaew.com.

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