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FRC updates taxonomies to reflect recent changes to UK GAAP

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18 Dec 2017

The Financial Reporting Council (FRC) has published amendments to its suite of taxonomies last published in December 2015.

The updates reflect amendments made to UK GAAP in December 2017. All reporters may elect to use the updated taxonomy versions. Those reporters not early-adopting the amendments to UK GAAP who wish to continue to report using the previous versions of the taxonomies may continue to do so.

The press release and updated taxonomies are available on the FRC website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.