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New UK GAAP

A new financial reporting framework in the UK is effective from 1 January 2015. Find books, articles and online resources covering each new Financial Reporting Standard.

We have separate guides to old UK GAAP and SORPs and accounting by industry.

FRS 100

FRS 100 sets out overall financial reporting requirements.

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FRS 100

FRS 100 Application of Financial Reporting Requirements sets out the financial reporting regime for the UK and Republic of Ireland.

FRS 101

FRS 101 sets out rules applying to subsidiaries and ultimate parents.

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FRS 101

FRS 101 Reduced Disclosure Framework sets out disclosure exemptions available to UK qualifying subsidiaries and parent companies that otherwise apply EU-adopted IFRS.

FRS 102

FRS 102 gives accounting and reporting requirements for unlisted entities.

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FRS 102

FRS 102 The Financial Reporting Standard is the principal accounting standard in the UK financial reporting regime. It sets out the requirements for entities that are not applying EU-adopted IFRS, FRS 101 or FRS 105.

FRS 102 topics

Explore FRS 102 in more detail and find guidance on specific topics.

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FRS 102 topics

Explore FRS 102 in more detail and find guidance on specific new UK GAAP topics.

FRS 103

FRS 103 consolidates existing reporting requirements and guidance for insurance contracts.

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FRS 103

FRS 103 Insurance Contracts consolidates the financial reporting requirements and guidance for insurance contracts.

FRS 104

FRS 104 sets out interim reporting requirements.

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FRS 104

FRS 104 Interim Financial Reporting provides guidance on the preparation of interim financial reports. It is based on IAS 34.

FRS 105

FRS 105 sets out requirements for micro-entities.

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FRS 105

FRS 105 is the UK accounting standard for entities eligible for, and who choose to apply, the micro-entities regime.

Model accounts

Model accounts and disclosure checklists for new UK GAAP.

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