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FRS 8: Related party disclosures

Find links to the accounting standard, technical summaries, useful guides and other resources on FRS 8 collated by ICAEW Library & Information Service.

The accounting standard FRS 8 required disclosure of information on related party transactions and of a reporting entity's controlling party. It was issued by the Accounting Standards Board in October 1995 and subsequently amended in November 2010 and December 2008.

This standard and all other old UK GAAP FRSs have been withdrawn for reporting periods starting on or after 1 January 2015. Topics within related party disclosures are covered by Section 33 of FRS 102 under new UK GAAP.

How can I get a copy of this standard?

Consolidated standard

There is no free consolidated version of FRS 8 available online.

However, we can provide copies of the consolidated standard, which includes amendments, through the Library's premium databases by email. 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.

Unconsolidated standard and amendments as first issued

Financial Reporting Standard 8: Related Party Disclosures
This is the full text of the original standard as issued by the Accounting Standards Board in October 1995. It does not include the amendments made in December 2008 and November 2010.

Improvements to Financial Reporting Standards 2010
Amendment issued by the ASB in November 2010.

Amendment to FRS 8 Related Party Disclosures: Legal Changes 2008
Amendment issued by the ASB in December 2008.


Related Party Disclosures
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

ASB issues Improvements to Financial Reporting Standards 2010
Press notice issued by the ASB on 12 November 2010.

ASB publishes Amendment to Financial Reporting Standard 8 ‘Related Party Disclosures’
Press notice issued by the ASB on 8 December 2008.

Guides and publications

Amendment To FRS8
Article summarising changes to the standard published by SWAT UK on 9 February 2009.

Amendment to FRS 8 – Related Parties
Article published in Accounting Web on 16 January 2009.

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 to logged-in ICAEW members, ACA students and other entitled users 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 web chat or by email at library@icaew.com.

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