May 28, 2025

UK GAAP is Changing: Are You Ready?

The Financial Reporting Council (FRC) has issued amendments to Financial Reporting Standards (FRS) 102, the financial reporting standard for the UK and the Republic of Ireland.

The amendments anticipated to have the strongest impact on financial statements, are those which align with IFRS 16 Leases and IFRS 15 Revenue from Contracts with Customers.

In our latest paper, "UK GAAP is Changing: Are You Ready?” we help business leaders stay ahead of these changes, by asking pertinent questions and detailing tangible accounting scenarios.

Discover:

Why these changes matter to you: Financial Reporting, Contracts & Systems, Strategic Implications
Key dates: Final amendments, Early application, Effective date
Changes with FRS 102: IFRS Section 20 vs 23
Steps to get started: Key questions businesses should be asking
How A&M can help: Our team specialises in supporting businesses navigate accounting changes with clarity and precision

DOWNLOAD THE FULL PAPER

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