The Financial Reporting Council (FRC) has published substantial 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). These changes are set to take effect from 1 January 2026, with early adoption permitted for financial statements prepared […] The post Major Updates to UK GAAP: Revisions to FRS 102 and FRS 105 Effective 2026 first appeared on Taxoo.
