skip to navigationskip to main content

The New UK GAAP : FRS102

The Financial Reporting Council have replaced the current UK GAAP with FRS 102 – The Financial Reporting standard applicable in the United Kingdom and Ireland.

FRS 102, which is based on the International Reporting Standards for small and medium entities, is a comprehensive accounting standard that will replace all existing UK standards for all medium and large companies. It may also be adopted by small entities.

FRS 102 varies in a number of ways from the existing standards and therefore its introduction will have reporting and tax implications for many businesses. The key differences between the current UK GAAP and FRS 102 and the subsequent impact is outlined in our summary Download Document.

“For over 10 years DTE Business Advisers have provided a range of services to gtd healthcare, including audit, specialist tax…Read More Read More

Jane Pugh - gtd healthcare
VIEW ALL TESTIMONIALS

Join Our Newsletter

Sign up to receive the latest industry news and useful tips in tax, accounting and other business topics from DTE!

SIGN UP Please read our Privacy Policy before signing up

A time of (continued) uncertainty…

Instead of reviewing the Chancellor’s latest pronouncements, we are left...

Contact DTE Business Advisory & Audit today to discuss how we can help with your business needs

Contact us