Impact Assessments and Feedback Statements

The following impact assessments and feedback statements have been issued alongside the relevant standard or amendment to a standard. The documents are listed in chronological order of the date of publication.

June 2021

Impact Assessment and Feedback Statement - Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime - COVID-19-related rent concessions beyond 30 June 2021 (PDF)

May 2021

Impact Assessment and Feedback Statement – Amendments to FRS 101 Reduced Disclosure Framework – 2020/21 cycle (PDF)

December 2020

Impact Assessment - Amendments to UK and Republic of Ireland accounting standards - UK exit from the European Union (PDF) 
Impact Assessment and Feedback Statement – Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Interest rate benchmark reform (Phase 2) (PDF) 

October 2020

Impact Assessment - Amendment to FRS 101 Reduced Disclosure Framework - Effective date of IFRS 17 (PDF)
Impact Assessment and Feedback Statement - Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime - COVID-19-related rent concessions (PDF)
Impact Assessment and Feedback Statement - Amendments to FRS 104 Interim Financial Reporting - Going concern (PDF)

May 2020

Impact Assessment and Feedback Statement - Amendments to FRS 101 Reduced Disclosure Framework - 2019/20 cycle  (PDF)

December 2019

Impact Assessment and Feedback Statement – Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Interest rate benchmark reform (PDF)

July 2019

Impact Assessment and Feedback Statement - Amendments to FRS 101 Reduced Disclosure Framework - 2018/19 cycle (PDF)

May 2019

Impact Assessment and Feedback Statement - Amendments to FRS 102 The Financial Reporting Standard applicable in the UK & Republic of Ireland - Multi-Employer defined benefit plans (PDF)​

May 2018

Feedback Statement - FRED 69 FRS 101 Reduced Disclosure Framework 2017/18 cycle (PDF)


December 2017

Impact Assessment and Feedback Statement - Triennial Review 2017 (PDF)

July 2017

Impact Assessment and Feedback Statement: Amendments to FRS 101 Reduced Disclosure Framework - 2016/17 cycle (PDF)

June 2017

Feedback Statement: Consultation Document Triennial review of UK and Ireland accounting standards - Approach to changes in IFRS (PDF)

December 2016

Impact Assessment and Feedback Statement: Amendments to FRS 101 Reduced Disclosure Framework and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Notification of shareholders (PDF)

July 2016

Impact Assessment and Feedback Statement: Amendments to FRS 101 Reduced Disclosure Framework – 2015/16 cycle (PDF)

May 2016

Impact Assessment and Feedback Statement: Amendments to FRS 103 Insurance Contracts – Solvency II (PDF)
Impact Assessment: Amendments to FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime – Limited Liability Partnerships and Qualifying Partnerships (PDF)

March 2016

Impact Assessment and Feedback Statement: Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Fair value hierarchy disclosures (PDF)

July 2015

Impact Assessment and Feedback Statement: Amendments to FRS 100 Application of Financial Reporting Requirements, Amendments to FRS 101 Reduced Disclosure Framework – 2014/15 cycle and other minor amendments, Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Small entities and other minor amendments, FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime (PDF)

March 2015

Impact Assessment and Feedback Statement: FRS 104 Interim Financial Reporting (PDF)

February 2015

Impact Assessment and Feedback Statement: Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Pension obligations (PDF)

July 2014

Impact Assessment and Feedback Statement: Amendments to FRS 101 Reduced Disclosure Framework – 2013/14 cycle (PDF)
Impact Assessment and Feedback Statement: Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Basic financial instruments and Hedge accounting (PDF)

March 2014

Impact Assessment and Feedback Statement: FRS 103 Insurance Contracts (PDF)

March 2013

Impact Assessment: FRS 100 Application of Financial Reporting Requirements, FRS 101 Reduced Disclosure Framework and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (PDF)
Feedback Statement: FRED 46 Application of Financial Reporting Requirements, FRED 47 Reduced Disclosure Framework and FRED 48 The Financial Reporting Standard applicable in the UK and Republic of Ireland (PDF)