FRS 102 Update

Client Resources

2026 Webinar

Client only resource

Lease Calculator

FRC Factsheets

Click here to access the FRC Factsheets 10 and 11 on the changes to Leases and Revenue Recognition.

Revenue Assessment

Accounting and audit articles

Audit & Accounts

How will the new accounting rules impact you? (Part 2)

As previously reported changes are coming to FRS 102 for accounting periods beginning on or after 1 January 2026. For most Credit Unions this will

17 February, 2026 No Comments

Audit & Accounts

Changes to Accounting Standards

In September 2024, the FRC released the latest version of Financial Reporting Standard 102 (FRS 102). FRS 102 is the accounting standard that governs most

18 January, 2025 No Comments

Audit & Accounts

Future of Provisioning

IFRS 9 came into force in 2018 for entities applying International Accounting Standards. While its implementation did not impact Credit Unions applying FRS 102; it

12 June, 2022 No Comments