FRS 101 and 102Manage the impact of major legislative change on your reporting process with FRS software
Tackle the latest reporting standards with FRS 101 and FRS 102 software
For accounting periods beginning on or after 1 January 2015, ‘old UK GAAP’ was replaced with full IFRS, FRS 101 (IFRS with reduced disclosures) or FRS 102 (new UK GAAP). This has transformed statutory financial reporting for companies, charities and LLPs, and organisations are still adapting to this transition.
A knock-on effect of these changes has been an increased pressure on accountants during the year-end reporting process, which is driven by tight deadlines. Despite some challenges, the move to IFRS can be seen as an opportunity to assess your current processes and technology. We have been working closely with many organisations to lessen the impact through the use of FRS 101 and 102 software.
IFRS, FRS 102 and FRS 101 software for corporations
Save time, resources and expenses and give your finance team complete control over the entire reporting process. Benefit from access to the latest FRS 101 and 102 templates for the UK and many other jurisdictions, audit trail functionality, on-time data capture and more.Explore ONESOURCE Statutory Reporting
FRS 101 and FRS 102 software for accountancy practices
Reduce the burden of financial reporting with automatic import and categorisation of trial balances and quick population of many sections of the IFRS-compliant report templates. Display the correct disclosure for IFRS, FRS 101 and 102 at the click of a button.Explore Digita Accounts Production