Thursday, 3 February 2022

FRS 102 updated 2022 - Latest Accounting Standards UK GAAP 2022

 

Latest Edition 2022 - FRC has updated all Accounting Standards applicable in UK and Republic of Ireland till 31.01.2022.

The Financial Reporting Council (FRC) has updated all the accounting standards since 2018 and have published them all at one place. The below links will guide you to the relevant accounting standard with all up-dates.

FRS 101 – Reduced Disclosure Framework

https://www.frc.org.uk/getattachment/79ad656b-f886-4c74-8d09-73281c5a6251/FRS-101-(January-2022)(1).pdf

FRS 102 – The Financial Reporting Standard applicable in the UK & Ireland

https://www.frc.org.uk/getattachment/0fba8b6a-ff2b-46e2-8c3f-adfc174d300b/FRS-102-(January-2022)(2).pdf

FRS 103 – Insurance Contracts

https://www.frc.org.uk/getattachment/3def31d1-c6cc-43f5-b67d-dbe488121a63/FRS-103-(January-2022)(1).pdf

FRS 104 – Interim Financial Reporting

https://www.frc.org.uk/getattachment/296bdec8-cc57-4546-878e-ad80b75a8cae/FRS-104-(January-2022)(1).pdf

FRS 105 -The Financial Reporting Standard applicable to the Micro-entities regime.

https://www.frc.org.uk/getattachment/cfecdf9a-cbf4-4d99-9ff2-168d06062e92/FRS-105-(January-2022)(2).pdf

Caveat

Opinions expressed are those of Mr. Devendraprasad Kankonkar (Deva) as an individual and are his interpretations of the standards. It has no direct or indirect link with views expressed by regulators, such as ICAI/ICAEW, of which he is a member. This material is for general information and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for yourself as the advice may change based on your circumstances. Resemblance to information on any other site or blog would be just a co-incidence and unintentional.