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Periodic review of UK GAAP

The Financial Reporting Council (FRC) has issued proposed changes to UK GAAP for public consultation. Although the main focus is on FRS 102, the proposals impact all UK GAAP accounting standards. Find out more about what is included in Financial Reporting Exposure Draft 82 and how entities might be affected.

FRC consultation

UK and Ireland accounting standards are subject to periodic reviews that take place at least every five years. The FRC has progressed its latest review and is seeking feedback on its draft amendments published in Financial Reporting Exposure Draft (FRED) 82. 

Insights and articles

Insights podcast

This podcast from 6 April 2023 discusses the responsible use of generative artificial intelligence tools such as ChatGPT; the impact of rising corporation tax and changing R&D credits; and how to get involved in the FRED 82 consultation on UK GAAP.
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Helpsheets and resources

Corporate reporting content

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Financial reporting

A range of practical resources on UK GAAP, IFRS and UK regulations.

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Non-financial reporting

Overviews of reporting requirements, plus a range of resources and guidance.

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Stay ahead of the latest developments in corporate reporting. Open to all. Charges apply for non-ICAEW members.

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