UK GAAP update - February 2021
This series of publications sets out the current and forthcoming standards and amendments in issue by the Financial Reporting Council, effective now and beyond.
The publications include:
- Overviews of the new and amended standards in issue
- Summaries of the requirements of each new and amended standard
- Details of proposed changes to standards and forthcoming developments
- Links to the latest standards and amendments
What’s new for this month
- New amendments published, including summaries of the requirements:
- Amendments to FRS 100, FRS 101, FRS 102, FRS 103, FRS 104 and FRS 105 – UK exit from the European Union
- Amendments to FRS 102 – Interest rate benchmark reform Phase 2