Financial Reporting Council home *
*
*
ASB
* *
*
Site map Register Contact *
*
About the ASB * Technical * UITF * Press notices * Publications
*
Accounting Standards Board *
* Spotlight *
*
*
*

Latest update on the Future of UK Financial Reporting Standards & Republic of Ireland

ASB draws attention to a European outreach event on the IASB Agenda Consultation

EFRAG and the European Commission will be holding an outreach event in Brussels on 25 November 2011 on the IASB agenda consultation. For more details, including how to register for the event, please see the attached invitation.

Report of the Meeting of National Standard-Setters (NSS) 12-13 September 2011

*
*
* Technical Activities *
*
*
* About Technical
Current Projects
Standards in Issue
ASB Statements and Reporting Standards
FRSSE
Statement of Principles
SORPs
 *
*
* UITF *
*
*
* About the UITF
Current UITF Projects
UITF Information Sheets
UITF Abstracts
 *
*
*
* Welcome to the Accounting Standards Board Internet Site *
*
*
* This site provides a guide to accounting standards. For information on how to obtain them, and the ASB's other publications, see Publications. *
*
*
* ASB News & Events *
*
*
* The latest ASB Status Report is now available to download.

The January 2012 edition of the ASB newsletter Inside Track is available.

The ASB occasionally holds public meetings to discuss ASB work. 		*
*
*
* Current Projects *
*
*
*

*
*
*
* Small Companies *
*
*
* Companies that qualify as small under the Companies Act 1985, and other entities of similar size, are entitled to use the special accounting standard-

The FRS for Smaller Entities (FRSSE)

Those doing so are then exempt from applying other accounting standards and UITF Abstracts. 		*
*

UK GAAP in the Future

Change is coming for accounting standards in the UK. The current UK GAAP is set to be swept away and replaced with a new regime based around the IFRS for SMEs. While it is envisaged that FRSSE would remain for now, these radical changes could ultimately affect virtually all companies in the UK.
Read more about this event
*
* Latest Press Notices *
*
*
* ASB issues revised proposals for the Future of Financial Reporting Standards in the UK & Republic of Ireland
30/01/2012

ASB and EFRAG issue a Discussion Paper: 'Improving the Financial Reporting of Income Tax'
22/12/2011

ASB welcomes the publication of Financial Services Authority (FSA) Guidance Paper 'Forbearance and Impairment Provisions - Mortgages'
05/10/2011

ASB issues Amendments to FRS 29 (IFRS 7) 'Disclosures - Transfers of Financial Assets'
07/07/2011

ASB publishes Report on Cutting Clutter from Annual Reports
06/04/2011

Proposals for a Public Benefit Entity Standard for Tier 2 Entities
18/03/2011

*
*
*
* Publications *
*
*
* Click here to order publications available in hard copy from our publishers. *
*
*
Free Email Updates
*
FRC Home | ASB Home | About the ASB | Technical | UITF | Publications | Consultation Responses Policy
Press Notices | Copyright | Privacy Statement | Data Protection Policy | Complaints Procedure | Disclaimer | Site Map | Register | Contact
The Financial Reporting Council Limited is a company limited by guarantee
Registered in England number 2486368. Registered Office: 5th Floor Aldwych House, 71-91 Aldwych, London WC2B 4HN
© Financial Reporting Council 2012. All Rights Reserved Design & Technology by Reading Room