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Projects image

Set out below is a listing of the current projects of the Financial Reporting Council (FRC) related to 'New' UK GAAP.


Title Description
FRSSE (effective January 2015) In July 2015, the FRC published a new standard, FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime and amended FRS 102 to include new requirements for Small Entities. These became effective from 1 January 2016, when the FRSSE was withdrawn.
SORPS and New UK GAAP The Financial Reporting Council (FRC) has been working with SORP-making bodies in updating their SORPS to reflect the requirements of FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

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.