Accounting Standards in Issue

Financial Reporting Standards (FRSs) & Statements of Standard Accounting Practice (SSAPs)

FRSSE (effective April 2008) – Financial Reporting Standard for Smaller Entities
FRSSE (effective January 2007) – Financial Reporting Standard for Smaller Entities
FRSSE (effective January 2005) – Financial Reporting Standard for Smaller Entities
FRSSE (effective June 2002) – Financial Reporting Standard for Smaller Entities
Improvements to Financial Reporting Standards 2010
Improvements to Financial Reporting Standards
FRS 1 (Revised 1996) – Cash Flow Statements
FRS 2 – Accounting for Subsidiary Undertakings
FRS 3 – Reporting Financial Performance
FRS 4 – Capital Instruments
FRS 5 – Reporting the Substance of Transactions
Amendment to FRS 5 ‘Reporting the Substance of Transactions’: Revenue Recognition
FRS 6 – Acquisitions and Mergers
FRS 7 – Fair Values in Acquisition Accounting
FRS 8 – Related Party Disclosures
FRS 9 – Associates and Joint Ventures
FRS 10 – Goodwill and Intangible Assets
FRS 11 – Impairment of Fixed Assets and Goodwill
FRS 12 – Provisions, Contingent Liabilities and Contingent Assets
FRS 13 – Derivatives and other Financial Instruments: Disclosures
FRS 14 – Earnings per Share
FRS 15 – Tangible Fixed Assets
FRS 16 – Current Tax
FRS 17 – Retirement Benefits
FRS 18 – Accounting Policies
FRS 19 – Deferred Tax
FRS 20 (IFRS2) – Share-based Payment
FRS 21 (IAS 10) – Events after the Balance Sheet Date
FRS 22 (IAS 33) – Earnings per share
FRS 23 (IAS 21) – The Effects of Changes in Foreign Exchange Rates
FRS 24 (IAS 29) – Financial Reporting in Hyperinflationary Economies
FRS 25 (IAS 32) – Financial Instruments: Disclosure and Presentation
FRS 26 (IAS 39) – Financial Instruments: Recognition and Measurement
FRS 27 – Life Assurance
FRS 28 ‘Corresponding Amounts’
FRS 29 (IFRS 7) ‘Financial Instruments: Disclosures’
FRS 30 – Heritage Assets

Statements of Standard Accounting Practice (SSAPs)

SSAP 4 – Accounting for government grants
SSAP 5 – Accounting for value added tax
SSAP 9 – Stocks and long-term contracts
SSAP 13 – Accounting for research and development
SSAP 15 – Status of SSAP 15
SSAP 17 – Accounting for post balance sheet events
SSAP 19 – Accounting for investment properties
SSAP 20 – Foreign currency translation
SSAP 21 – Accounting for leases and hire purchase contracts
SSAP 24 – Accounting for pension costs
SSAP 25 – Segmental reporting

Leave a Reply

Your email address will not be published.