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FRS 4: Capital instruments

Find links to the accounting standard, technical summaries, useful guides and other resources on FRS 4 collated by ICAEW Library & Information Service.

The accounting standard FRS 4 set out the way in which reporting entities treated capital instruments in financial statements. It was issued by the Accounting Standards Board in December 1993.

This standard and all other old UK GAAP FRSs have been withdrawn for reporting periods starting on or after 1 January 2015. Topics within the treatment of capital instruments in financial statements are covered by Section 11 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 4 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 or by email at library@icaew.com for more information.

Unconsolidated standard and amendments as first issued

Financial Reporting Standard 4: Capital Instruments
This is the full text of the original standard as issued by the Accounting Standards Board in December 1993.

FRS 4 was withdrawn following the implementation of FRS 25: Financial Instruments: Disclosure and Presentation and FRS 26: Financial Instruments: Recognition and Measurement with the exception of ‘material on the measurement of debt and gains and losses on the repurchase of debt’, which remains applicable for entities that do not have to apply the measurement requirements of FRS 26.


Capital Instruments
Summary published by the Financial Reporting Council.

ICAEW guidance and support

Corporate 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 Convergence Standards
Press notice issued by the Financial Reporting Council on 2 December 2004.

Online articles

The Library provides access to leading business, finance and management journals. These journals are available 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

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