A summary of the main changes to FRS 102, section by section. It links to the 2018 UK GAAP Accounts factsheet which gives further detailed guidance and practical tips on the key accounting changes.
Factsheets, FAQs and helpsheets
This factsheet provides a detailed look at the Triennial review 2017 and other amendments to UK GAAP standards. The changes are mandatory 1 January 2019. Updated 04 December 2020.
Technical helpsheet to help ICAEW members with accounting for the transfer of property between Investment Property, Property, Plant and Equipment (PPE) and Inventories under FRS 102.
Technical helpsheet to help ICAEW members understand key aspects of accounting for investment property under FRS 102.
Technical helpsheet to help ICAEW members understand key aspects of accounting for intangible assets and goodwill under FRS 102.
Webinars and podcasts
This webinar updates you on the latest developments and implementation issues in UK GAAP, including changes to reporting regulations.
A countdown of today’s top 10 hot topics in UK GAAP, including changes arising from the Triennial review 2017. Broadcast 21 March 2019.
This webinar looked at some of the more challenging aspects of accounting for financial instruments under FRS 102, highlighting practical examples and recent amendments to the standard. Broadcast 31 May 2018.
This webinar outlined the key changes to FRS 102 and FRS 105 and provides practical insights including, for example, in relation to the availability of early adoption. Broadcast 22 March 2018.
Articles and blogs
An outline of some of the improvements made to FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' as a result of the Triennial review 2017 amendments.
A deeper delve into the amendments to FRS 102 covering intangible assets in a business combination, investment property rented to another group entity, debt for equity swaps and other areas.
This three-part blog provides an overview of the areas affected by the triennial review amendments, explains which changes can be implemented when, and outlines how to apply them.