Hear about the COVID-19-related rent concessions amendments to FRS 102 and FRS 105.

This short guide outlines the accounting implications of contract modifications to financial liabilities together with an illustrative example.

A guide to the accounting implications of changes to contracts with customers as a result of the pandemic.

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

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 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 adopted IFRS, FRS 101 or FRS 105.

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

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

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

A summary of the model accounts and disclosure checklists on UK GAAP available from the ICAEW Library & Information Service.

Identify which new standards and amendments apply to different time periods.

An overview of the criteria to be met, the requirements and simplifications available, and some practical considerations to help you choose the right financial reporting regime for your circumstances.

Factors to consider when preparing micro-entity accounts – updated for 2020 and early 2021 year ends.

Why going concern is important for the accounts and how to make the assessment.

A 20-minute webcast exploring the financial reporting implications of COVID-19 for micro-entities.

Guidance and UK standards, including SORPs, covering a variety of business and industry sectors.

A range of articles, books and online resources providing links to practical guidance and background knowledge on accounting for academy schools.

A range of articles, books and online resources providing quick links to practical guidance and background knowledge on accounting for charities and the not-for profit sector.

Full access to the IASB's eIFRS resource available to Financial Reporting Faculty members.

A synopsis of each IFRS, identifying recent amendments and which version of the standard applies to a particular period, with direct links to eIFRS.

A short guide on the impact for entities with 2019 and early 2020 year-ends preparing accounts in accordance with IFRS or the IFRS for SMEs.

Find out which countries require or permit companies to apply IFRS and which standards have been endorsed by the EU.

A list of regularly updated free sources for IFRS model accounts and disclosure checklists.

An overview of the European Single Electronic Format (ESEF) requirements and signposts to further guidance.

Access resources that explain current reporting requirements and provide an overview of voluntary climate reporting frameworks, including the recommendations of the TCFD.

This page brings together a wide range of resources which explore the challenges and opportunities that are emerging and practical guidance to help members keep abreast of developments.

This report explores the role of accounting in promoting economic growth. It considers how this role has evolved and what lessons there are for the future.

Find out about the ICAEW Financial Reporting Faculty’s thought leadership programme, ‘Information for Better Markets’, and access the latest reports and webcasts.

1 March 2021: ICAEW’s Public Sector team highlights key public sector financial reporting updates covering the UK and International Public Sector Accounting Standards.

18 February 2021: As lockdown continues, the issue of commercial rent concessions is certainly topical. Now the IASB is proposing an extension to the availability of the practical expedient issued last year that allows entities to account for rent concessions due to COVID-19 in a simpler way.

17 February 2021: ICAEW’s public sector team examines the differences between International Financial Reporting Standards and International Public Sector Accounting Standards and the suitability of each in public sector financial reporting.

12 February 2021: ICAEW members across practice and business look set to be affected by reforms to the filing regime operated by Companies House