The requirements relating to specific topics are set out as sections within FRS 102. However, individual sections of the standard should not be looked at in isolation as other parts may be relevant.
FRS 102 is regularly updated and amended by the Financial Reporting Council (FRC). For the full text of FRS 102, guidance on which version of the standard to apply and notes on recent amendments, see our main FRS 102 page.
ICAEW factsheets and guides
The Corporate Reporting Faculty's annual UK GAAP factsheets provide a more detailed discussion of recent UK GAAP amendments.
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Preference shares - equity or liability under FRS 102?
Helpsheet giving guidance on classifying and accounting for preference shares under FRS 102. It explains when they are equity, liabilities or compound instruments, and outlines measurement rules for holders and issuers.
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FRS 102 Debt for equity swaps
This factsheet explains how to account for ‘debt for equity swaps’ in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Bloomsbury Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Bloomsbury Accounting and Tax Service.
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Liabilities and equity
A chapter on liabilities and equity within the small companies' financial reporting framework and the micro-entities legislation, written by a specialist on small company reporting issues.
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Share-based Payment
Chapter on share-based payments in a guide to all aspects of UK auditing standards and UK GAAP accounting standards.
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Share-based Payment
A chapter providing detailed practical guidance on financial reporting of share-based payments under UK GAAP.
The ICAEW Library & Information Service provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.
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Financial liabilities and equity
Guide from 2019 focusing on each area of the financial statement in detail with illustrative examples. This chapter gives a comparison of FRS 102 Section 22 and IFRS, discusses contingent settlement provisions, recognition and measurement of issued equity instruments, and highlights provisions for other specific instruments and transactions.