Current Projects

Published: 27 March 2024

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Introduction

Current projects by the Accounting and Reporting Policy Team.

Implementation issues

The FRC will review any issues arising relating to the implementation of FRS 102 as they arise, consulting members of its Advisory Panel as appropriate. Decisions will be taken on a case-by-case basis about the best way to address issues such as editorial points, areas where FRS 102 is silent and areas where divergence in accounting practice seems to be emerging.

FRED 85 Draft amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle

The FRC has issued FRED 85 Draft amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle on 5 December 2023. The comment period closed on 4 March 2024.