ICAEW.com works better with JavaScript enabled.

Periodic review of UK GAAP

The Financial Reporting Council (FRC) has issued the 2024 periodic review amendments to UK GAAP, with an effective date for most changes of accounting periods beginning on or after 1 January 2026. Find out more about the proposed changes 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.
Listen now
The words 'ICAEW INSIGHTS' and the ICAEW dividers on a blue background

2021 Request for views

Helpsheets and resources

Corporate reporting content

An illustration of a compass
Financial reporting

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

View hub
An illustration of an anchor
Non-financial reporting

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

View hub
An illustration of a lighthouse with its light on
Join the faculty

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

Join now