Periodic Review 2024 - Amendment to FRS102 and FRS105

From time to time the Financial Reporting Council (FRC) undertakes a periodic review of accounting standards. Following an extensive consultation period, it has issued comprehensive amendments to the financial reporting standards which apply in the UK and Republic of Ireland.

This course looks at the revisions published in March 2024.

Contents

• FRS 102 changes
• Application date
  • Leases
  • Revenue
  • Other changes
  • Small company disclosures
• FRS 105 changes