Tax & Accounting Blog

FRS 102 2026 changes: implications for firms and clients

FRS 102 2026 changes: implications for firms and clients

FRS 102 is undergoing its most significant update since it was first introduced. In March 2024, the Financial Reporting Council (FRC) issued amendments to FRS 102 and other FRSs following the conclusion of its second periodic review. Most changes take effect for accounting periods beginning on or after 1 January 2026, with early adoption permitted […] … Read More