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Accounting Standards (UK)
Open the related document PDF 'UK Accounting Standards' (see left) to access hyperlinks direct to each standard.
UK ACCOUNTING STANDARDS
Statements of Standard Accounting Practice
SSAP 4 Accounting for government grants
SSAP 5 Accounting for value added tax - No link available from FRC
SSAP 9 Stocks and long-term contracts
SSAP 13 Accounting for research and development
SSAP 19 Accounting for investment properties
SSAP 20 Foreign currency translation
SSAP 21 Accounting for leases and hire purchase contracts
SSAP 25 Segmental reporting
Open the related document PDF 'UK Accounting Standards' (see left) to access hyperlinks direct to each standard.
Financial Reporting Standards
FRS 1 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
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 15 Tangible fixed assets
FRS 16 Current tax
FRS 17 Retirement benefits
FRS 18 Accounting policies
FRS 19 Deferred tax
FRS 20 Share-based payment (IFRS 2)
FRS 21 Events after the balance sheet date (IAS 10)
FRS 22 Earnings per share (IAS 33)
FRS 23 The effects of changes in foreign exchange rates (IAS 21)
FRS 24 Financial reporting in hyperinflationery economies (IAS 29)
FRS 25 Financial instruments: Presentation (IAS 32)
FRS 26 Financial instruments: recognition and measurement (IAS 39)
FRS 27 Life assurance
FRS 28 Corresponding amounts
FRS 29 Financial instruments: disclosures
FRS 30 Heritage assets
FRSSE Financial Standard for Smaller Entities (effective April 2008)
Open the related document PDF 'UK Accounting Standards' (see left) to access hyperlinks direct to each standard.
Urgent Issues Task Force Abstracts
UITF abstract 4 Presentation of long-term debtors in current assets
UITF abstract 5 Transfers from current assets to fixed assets
UITF abstract 9 Accounting for operations in hyper-inflationary economies
UITF abstract 11 Capital instruments: issuer call options
UITF abstract 15 Disclosure of substantial acquisitions
UITF abstract 19 Tax on gains and losses on foreign currency borrowings that hedge an investment in a foreign enterprise
UITF abstract 21 Accounting issues arising from the proposed introduction of the euro
UITF abstract 22 The acquisition of a Lloyd’s business
UITF abstract 23 Application of the transitional rules in FRS15
UITF abstract 24 Accounting for start-up costs
UITF abstract 25 National Insurance contributions on share option gains
UITF abstract 26 Barter transactions for advertising
UITF abstract 27 Revision to estimates of the useful economic life of goodwill and intangible assets
UITF abstract 28 Operating lease incentives
UITF abstract 29 Website development costs
UITF abstract 31 Exchanges of businesses or other non-monetary assets for an interest in a subsidiary, joint venture or associate
UITF abstract 32 Employee benefit trusts and other intermediate payment arrangements
UITF abstract 34 Pre-contract costs
UITF abstract 35 Death-in-service and incapacity benefits
UITF abstract 36 Contracts for sale of capacity
UITF abstract 38 Accounting for ESOP trusts
UITF abstract 39 (IFRIC Interpretation 2) Member’s shares in co-operative entities and similar instruments
UITF abstract 40 Revenue recognition and service contracts
UITF abstract 41 Scope of FRS 20 (IFRS 2)
UITF abstract 42 Reassessment of embedded derivatives
UITF abstract 43 The interpretation of equivalence for the purposes of section 228A of the Companies Act 1985
UITF abstract 44 (IFRIC Interpretation 11) FRS 20 (IFRS 2) Group and Treasury Share Transactions
UITF abstract 45 (IFRIC Interpretation 6 Liabilities arising from participating in a specific market – Waste electrical and electronic equipment
UITF abstract 46 (IFRIC Interpretation 16) Hedges of a net investment in a foreign operation
UITF abstract 47 (IFRIC Interpretation 19) Extinguishing financial liabilities with equity instruments
UITF abstract 48 Accounting implications of the replacement of the retail prices index with the consumer prices index for retirement benefits
Open the related document PDF 'UK Accounting Standards' (see left) to access hyperlinks direct to each standard.
Statements of Recommended Practice (SORPs)
Authorised Funds Issued November 2003 revised November 2008
Charities Issued May 2008
Further and Higher Education Issued July 2007
Insurance Issued January 1999 revised December 2006
Financial Statements of Investment Trust Companies and Venture Capital Trusts Issued December 1995 revised January 2009
Leasing Issued April 2000
Limited Liability Partnerships Issued May 2002 revised March 2010
Local Authorities Issued May 2009
Oil and Gas Issued June 2001
Pension Schemes Issued July 1996 revised June 2007
Registered Social Landlords Issued March 1999 revised November 2007
Open the related document PDF 'UK Accounting Standards' (see left) to access hyperlinks direct to each standard.
Exposure Drafts in issue
FRED 28 Inventories; construction and service contracts
FRED 29 Property, plant and equipment; Borrowing costs
FRED 32 Disposal of non-current assets and presentation of discontinued operations
FRED 36 Business combinations
FRED 37/38 Intangible assets/Impairment of assets
FRED 39 Amendments to FRS 12 and FRS 17
FRED 40 Accounting for heritage assets
FRED 41 Related party disclosures
FREDs 43 & 44 The future of Financial Reporting-Application of Financial Reporting Standards
FRED 45 Financial Reporting Standard for Public Benefit Entities
FRED 46 Application of Financial Reporting Requirements (draft FRS 100)
FRED 47 Reduced Disclosure Framework (draft FRS 101)
FRED 48 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (draft FRS 102)