There have been changes to the UK's corporate reporting regime which affect a small number of companies. Watch this video to find out more about changes to accounting and auditing.
HM Government
Website
Transitional provision guidance issued by the FRC for preparers using IFRS. It includes proposed wording to explain the basis of accounts preparation, where an entity has a financial period which straddles the end of the transition period following the UK's exit from the EU.
FRC
Website
Amendments to FRS 100, 101, 102, 103, 104 and 105 issued by the FRC to ensure consistency with UK company law and to update legal references and terminology used in the standards, reflecting changes in legislation as the EU exit transition period ends.
FRC
Website
Letters issued by BEIS and the FRC in November 2020 to the accounting and audit sectors setting out changes to the UK's corporate reporting framework at the end of the transition period.
Department for Business, Energy and Industrial Strategy
Website
Information from the FRC about the status of existing EU-adopted IFRSs, establishing a UK endorsement body, and the FRC's influencing and endorsement activities.
FRC
Website
Documents from the FRC and government on auditing and accounting during and after the transition period. It includes links to legislation and information for EEA based organisations transferring personal data to the FRC.
FRC
Website
Letter issued by the Department for Business, Energy and Industrial Strategy (BEIS) and the Financial Reporting Council (FRC) to the accountancy sector on accounting and corporate reporting standards during the transition period.
BEIS/FRC
Website