New UK GAAP - FRS 100 - 102; New UK GAAP - FRS 103; The Sharman Inquiry; XBRL — UK GAAP; Info. • Some accounting policy choices are allowed where the option existed under old UK GAAP. • FRS 102 (new UK GAAP) with reduced disclosures available in that standard. understand the information requests posed by US parent companies and their accounting personnel. Many UK entities are faced with the challenge of preparing their statutory financial statements under FRS 102, then preparing corresponding US GAAP information for their US parent company. Companies Legislation Corporate Governance ICAEW Guidance. However, entities with service contracts (such as outsourcing arrangements, telecommunication contracts that provide rights to capacity, and take-or-pay contracts) should review … 2: IAS 1 formats differ from detailed company law formats used in FRS 102 (but under the amended FRS 102, … However, this approach can be done with or without comparative periods. GAAP 2019: UK reporting – FRS 102 (Volume B) Deloitte, Croner-i, 2019 Viewpoint has replaced Inform - click here to visit our new platform It is permissible to use alternative titles to those referred to in FRS 102 (i.e. However, the guidance is more concise, with all accounting and disclosure requirements specified within a single standard. There remain substantial differences between FRS 102 and US GAAP, and these are exacerbated by the decision of the FRC not to include any changes in respect of … By the end of this course, you will have a greater understanding of: BPP | Tel: 0330 060 3303 | Email: ldicas@bpp.com. FRS 102 “The Financial Reporting Standard Applicable in the UK and Republic of Ireland” is a single coherent financial reporting standard replacing existing UK GAAP. It does not consider either the micro-entities standard (FRS 105) or the FRSSE (or its replacement, new Section 1A Small Entities of FRS 102). This point to a very efficiently designed taxonomy. FRS 102 vs US GAAP online course. FRSs 100, 101, 102 and 103 replace UK GAAP as we know it from 1 January 2015. The guide helps accountants to offer their clients, or their own organisations, the best possible advice on which framework to apply and the impact that this will have. There remain substantial differences between FRS 102 and US GAAP, and these are exacerbated by the decision of the FRC not to include any changes in respect of IFRSs 9,15 & 16 into FRS 102 as part of the First Triennial Review. On completion of this course you will be able to: Bruce is the Head of Financial Reporting Programmes at BPP Professional Development. differences between FRS 102, previous UK GAAP and EU-IFRS. This course considers the key differences between FRS 102 and US GAAP to help bridge this information gap. The removal of UK GAAP makes a decision necessary and to make it you'll need to be aware of the key differences between FRS 102, FRS 101 or full IFRS. it is effectively taxable income of 16 in each of the years 2015–18. Legal and regulatory. Volume A - UK Reporting - Legal and regulatory framework. You could look to comparisons between UK GAAP and EU requirements to see what I mean. Specifically, FRS 102’s ‘timing difference plus’ and IFRS/FRS 101’s ‘temporary difference’ approach may give rise to different deferred tax balances Tax systems and processes, Tax reporting and compliance software or spreadsheets and underlying accounting systems may need to be amended for the new GAAP, which could provide the perfect opportunity to efficiencies and effectiveness. Online Course on Understanding the New UK & Ireland GAAP. › The net effect is that the company gets a tax deduction for 100. Legal and regulatory FRS 102 IFRS Standards Deloitte Newsletters Help. GAAP at a glance: Comparing FRS 102, FRS 105 and IFRS provides a summary comparison between FRS 102, EU-adopted IFRS and FRS 105 (the micro-entity standard).. US GAAP versus IFRS. Derived from the IFRS for SMEs, the Financial Reporting Council has made significant modifications to address company law requirements and incorporate additional accounting options. Three of the greatest challenges for Irish business with FRS 102 (or Irish GAAP) are accounting for intercompany loans, pensions and derivatives. Thus, under FRS 102, lease … Many UK entities are faced with the challenge of preparing their statutory financial statements under FRS 102, then preparing corresponding US GAAP information for their US parent company. FRS 102 “The Financial Reporting Standard Applicable in the UK and Republic of Ireland” is a single coherent financial reporting standard replacing existing UK GAAP. In addition, the FRSSE will be withdrawn from 1 FRS 102 is the standard which all of the old FRS’s and The challenges of FRS 102 for Irish business. BPP is a leading provider of online technical CPD for accounting professionals. GAAP in the UK; US Standards Log in / Subscribe GAAP in the UK. Training and education to reporting teams. The latest online course directory offers more than 80 online courses to meet your development needs. With the replacement of UK GAAP with FRS 102, an organisation may be facing significant changes in its financial reporting. This set of guidelines is set by the Financial Accounting Standards Board (FASB) and adhered to by most US companies. Governance and controls development. Abstracts such as “Currencies”, “Languages”, “Countries and Regions” have been combined into one abstract element called “Dimensions Content”. Legal and regulatory FRS 102 IFRS Standards Deloitte Newsletters Help. However, this approach can be done with or without comparative periods. Current IFRS (IAS 18) already requires a principal vs. agent evaluation for sales tax presentation. Cutting through UK GAAP. Any data collected is anonymised. Contact information for your local office, Virtual classroom support for learning partners, identify the key restatements required in converting FRS 102 financial statements into US GAAP, better answer questions in respect of UK subsidiary financial statements posed by US parent companies. Many UK entities are faced with the challenge of preparing their statutory financial statements under FRS 102, then preparing corresponding US GAAP information for their US parent company. Volume A - UK Reporting - Legal and regulatory framework. Deloitte Guidance . Cutting through UK GAAP. If you’re a preparer, it may help you to identify areas to emphasise in your financial statements; if you’re a user, it may help you spot areas to focus on in your dialogue with preparers. Figure 1: UK GAAP vs FRS 102. GAAP at a glance: Comparing FRS 102, FRS 105 and IFRS provides a summary comparison between FRS 102, EU-adopted IFRS and FRS 105 (the micro-entity standard).. balance sheet = statement of financial position, profit and loss account = income statement, cash flow statement = statement of cash flows). Our US GAAP versus IFRS – The basics publication, which provides an overview, by accounting area, of the similarities and differences between US GAAP and IFRS, has been updated.This release reflects guidance effective in 2019 and guidance finalized by the FASB and the IASB generally as of 30 June 2019. FRS101 is eligible for qualifying entities that meet specific criteria. Legal and regulatory FRS 102 IFRS Standards Deloitte Newsletters Help. The long awaited replacement for Irish GAAP has finally arrived in the form of FRS 102, the last and most important of the trio of new Irish GAAP standards. This point to a very efficiently designed taxonomy. BDO has produced the documents to consider specifically the impacts on the sectors below:HotelsFinancial ServicesManufacturingMotor RetailRestaurants and BarsTechnology, Media and TelecomsProfessional ServicesRetail and … This course considers the key differences between FRS 102 and US GAAP to help bridge this information gap. FRS 102 requires recognition of the incentive over the lease term while, under UK GAAP, the benefit is allocated over the shorter of the lease term and the period ending when market rent will be payable, ie the period up to the first rent review. UK GAAP and IFRS for SMEs is a better but not perfect comparison. FRS 102 replaces all existing Irish standards (FRSs and SSAPs) and UITF abstracts. FRS 102 is 350 pages long and in contrast to current UK GAAP at 3,000 pages long, the sheer reduction in volume will, on its own, be a welcome feature of FRS 102. the key accounting differences between FRS 102 and US GAAP; Course Duration: 1.5 hours This course does not offer CPE credit but does count as CPD for CIMA members. has issued FRS 102, ‘ reporting standard applicable in the UK and Republic of Ireland This is the new UK GAAP which replaces existing UK standards and abstracts. Legal and regulatory. Legal and Regulatory Requirements. FRS 102. Deloitte Guidance. The decision should be made based on the specific accounting situations you or your client face, as one framework won't suit all businesses. Our US GAAP versus IFRS – The basics publication, which provides an overview, by accounting area, of the similarities and differences between US GAAP and IFRS, has been updated.This release reflects guidance effective in 2019 and guidance finalized by the FASB and the IASB generally as of 30 June 2019. Many UK entities are faced with the challenge of preparing their statutory financial statements under FRS 102, then preparing corresponding US GAAP information for their US parent company. FRS 102 is 350 pages long and in contrast to current UK GAAP at 3,000 pages long, the sheer reduction in volume will, on its own, be a welcome feature of FRS 102. Preparing accounting policy and analysis papers and manuals . US GAAP: United States Generally Accepted Accounting Principles. the key accounting differences between FRS 102 and US GAAP; Course Duration: 1.5 hours This course does not offer CPE credit but does count as CPD for CIMA members. This course is part of a series of online courses dealing with accounting under FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland. Companies following current UK GAAP will need to change the accounting standards they apply to either FRS 102 and FRS 103, EU IFRS or, where applicable, FRS 101 or the FRSSE. Nine Key Differences Between Current Irish/UK GAAP and FRS 102 Introduction . IFRS “vs” FRS 102 for Investment Funds Introduction The purpose of this paper is to highlight the significant differences between International Financial Reporting Standards as adopted by the European Union (“IFRS”) and the recently developed FRS 102 (the “New Irish GAAP”) as they apply to investment funds. The US GAAP practical expedient simplifies the presentation of sales taxes, in line with current US GAAP. The ICAEW Library stocks the latest UK GAAP handbooks and manuals. Governance and controls development. New UK GAAP - FRS 100 - 102 Background. For example, if a calendar year public … Deloitte Guidance. Abstracts such as “Currencies”, “Languages”, “Countries and Regions” have been combined into one abstract element called “Dimensions Content”. He has been training full time in Financial Reporting topics since 1985, and has an expertise in IFRS, UK GAAP and US GAAP. Even after BREXIT this is likely to be the case. US GAAP and IFRS each require different approaches for the transition accounting within the new leasing standard. FRS 102. Old UK GAAP vs IFRS: IFRS vs New UK GAAP (FRS 102) Financial statements presentation: 2: Company law formats apply for both, but a change in law and an amendment to FRS 102 means formats based on IFRS can be used under new UK GAAP. entities can still call the balance sheet the balance sheet), provided the titles are not misleading. Overview. The ICAEW Library stocks the latest UK GAAP handbooks and manuals. 2015 Number 4 FRS 101 and 102: a New GAAP with Old Problems? There remain substantial differences between FRS 102 and US GAAP, and these are exacerbated by the decision of the FRC not to include any changes in respect of IFRSs 9,15 & 16 into FRS 102 as part of the First Triennial Review. Further reading Manuals and handbooks. Since 2005 listed groups in the UK have been required to prepare their consolidated financial statements in accordance with International Financial Reporting Standards (IFRSs). GAAP (US Generally Accepted Accounting Principles) is the accounting standard used in the US, while IFRS (International Financial Reporting Standards) is the accounting standard used in over 110 countries around the world. PLEASE NOTE: This publication does not take account of the following developments in IFRS, which had not been made into authoritative pronouncements as of 31 … 31 December 2004 (for US GAAP, the relevant date is 30 June 2004) and is based on the most recent version of those pronouncements, should an earlier version of a pronouncement still be operative at the date of this publication. The global body for professional accountants, Can't find your location/region listed? US GAAP and IFRS each require different approaches for the transition accounting within the new leasing standard. New Irish GAAP (FRS 102) is relatively similar to existing Irish GAAP. Volume A - UK Reporting - Legal and regulatory framework. FRS 102 vs US GAAP online course. GAAP in the UK; US Standards Log in / Subscribe GAAP in the UK. IFRS: International Financial Reporting Standards. US GAAP requires one approach – the modified retrospective approach. IFRS and US GAAP: Similarities and differences - PwC FRS 102 uses international terminology (e.g. FRS 102 Staff Education Note 6 Leases Disclaimer ... Adoption-into-UK-GAAP-of-IFRIC-Interpret.aspx) noted that IFRIC 4 (from which these requirements of FRS 102 were developed) is already addressed in UK GAAP. Please visit our global website instead, Can't find your location listed? You can browse all our books on FRS 102 and impairment of assets or request any of the following popular titles by contacting us on +44 (0)20 7920 8620, by web chat, or at library@icaew.com. FRS 102. GAAP 2019: UK reporting – FRS 102 (Volume B) Deloitte, Croner-i, 2019 Deloitte Guidance . ICAS.com uses cookies which are essential for our website to work. Companies Legislation Corporate Governance ICAEW Guidance. The new edition (PDF 1.8 MB) of our comparison of IFRS Standards and US GAAP highlights the key differences between the two frameworks, based on 2020 calendar year ends. ASC 842 prescribed adoption of the standard with comparative information presented. Companies that already apply IFRS or indeed IFRS for SME’s might not identify too many changes. Deloitte Guidance . For example, if a calendar year public … Conversions between GAAPs (UK to IFRS, US GAAP to IFRS, IFRS to USGAAP) Structuring transactions and helping clients develop financial products. landscape in the UK. entities can still call the balance sheet the balance sheet), provided the titles are not misleading. US GAAP: United States Generally Accepted Accounting Principles. GAAP 2019: UK reporting – FRS 102 (Volume B) The article examines the more common areas of difference between the existing Irish/UK GAAP i.e. Three of the greatest challenges for Irish business with FRS 102 (or Irish GAAP) are accounting for intercompany loans, pensions and derivatives. FRS 101 FRS 102 By 2015 you must move away from UK GAAP. It follows on from the issue last year of FRS 100, ‘Application of fi reporting requirements’ ‘Reduced disclosure framework’. Use for all periods of account prepared under the FRS 2019 accounting standard 1.5 Financial Reporting Council ( FRC ) new UK GAAP taxonomy In September 2014, the FRC published a new XBRL taxonomy. It does not consider either the micro-entities standard (FRS 105) or the FRSSE (or its replacement, new Section 1A Small Entities of FRS 102). differences between FRS 102, previous UK GAAP and EU-IFRS. Key accounting differences, including those relating to. The challenges of FRS 102 for Irish business. Find out about who we are and what we do here at ICAS. Download the guide IFRS and US GAAP: similarities and differences To be successful in the US capital markets, it is increasingly important to be financially bilingual and understand both IFRS and US GAAP. Since 2005 listed groups in the UK have been required to prepare their consolidated financial statements in accordance with International Financial Reporting Standards (IFRSs). Training and education to reporting teams. This course considers the key differences between FRS 102 and US GAAP to help bridge this information gap. 85 › Schedule 17A kicks in so that the 80 (180 – 100) is treated as a “taxable amount” and spread over five years, i.e. Almost all other groups and companies have a choice. The guide helps accountants to offer their clients, or their own organisations, the best possible advice on which framework to apply and the impact that this will have. The requirement that ‘publicly accountable’ entities apply IFRS has been removed. However, the FRC amended it in many respects to align the requirements of FRS 102 with many existing treatments allowed by existing FRSs or EU-adopted IFRS. There remain substantial differences between FRS 102 and US GAAP, and these are exacerbated by the decision of the FRC not to include any changes in respect of IFRSs 9,15 and 16 into FRS 102 as part of the First Triennial Review. Use for all periods of account prepared under the FRS 2019 accounting standard 1.5 Financial Reporting Council ( FRC ) new UK GAAP taxonomy In September 2014, the FRC published a new XBRL taxonomy. FRS 101 FRS 102 By 2015 you must move away from UK GAAP. Preparing accounting policy and analysis papers and manuals . ASC 842 prescribed adoption of the standard with comparative information presented. New UK GAAP - FRS 100 - 102; New UK GAAP - FRS 103; The Sharman Inquiry; XBRL — UK GAAP; Info. Almost all other groups and companies have a choice. Overview. FRS 102 replaces all existing Irish standards (FRSs and SSAPs) and UITF abstracts. • FRS 102, the FRS for UK GAAP reporters (‘new UK GAAP’), which is based on the IFRS for SMEs. Conversions between GAAPs (UK to IFRS, US GAAP to IFRS, IFRS to USGAAP) Structuring transactions and helping clients develop financial products. • IFRS recognition and measurement with reduced disclosures (FRS 101, the ‘reduced disclosure framework’ or RDF). You can browse all our books on FRS 102 and revenue or request any of the following popular titles by contacting us on +44 (0)20 7920 8620, by web chat, or at library@icaew.com. Overview: This course is part of a series of online courses dealing with accounting under FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland. "This course provides an introduction to accounting under IFRS, including the overall structure and presentation of the accounts.". Please have a look at the further information in our cookie policy and confirm if you are happy for us to use analytical cookies: Consultative Committee of Accountancy Bodies (opens new window), Chartered Accountants Worldwide (opens new window), Global Accounting Alliance (opens new window), International Federation of Accountants (opens new window), Become an Authorised Training Office (ATO), Resources for Authorised Training Offices (ATO), Online Course Directory - BPP Professional Development, identify the key restatements required in converting FRS 102 financial statements into US GAAP, better answer questions in respect of UK subsidiary financial statements posed by US parent companies, understand the information requests posed by US parent companies and their accounting personnel, The contrasting approaches of the two regimes, Differences in respect of the presentation of financial statements. It also does not discuss the disclosure requirements of FRS 102 in any detail. Statement of financial position Intangible assets ; Property, plant and equipment ; Investment property ; Financial instruments & Deferred taxes ; Statement of comprehensive income Revenue recognition & Borrowing costs ; This may also interest you White papers and e-books Ready for IFRS 16? 2: Companies Act formats differ from IAS 1 formats. Please visit our global website instead. Legal and Regulatory Requirements. New UK GAAP - FRS 100 - 102 Background. This course considers the key differences between FRS 102 and US GAAP to help bridge this information gap. There remain substantial differences between FRS 102 and US GAAP, and these are exacerbated by the decision of the FRC not to include any changes in respect of IFRSs 9,15 and 16 into FRS 102 as part of the First Triennial Review. Legal and Regulatory Requirements. It also does not discuss the disclosure requirements of FRS 102 in any detail. the existing FRSs/SSAPs and UITF (Urgent Issues Task Force) pronouncements and new Irish GAAP. Search our directory of individual CAs and Member organisations by name, location and professional criteria. There are four choices… Full IFRS FRS 101 FRS 102 FRSSE Full IFRS Our expert knowledge of accounting standards used in the UK, including IFRS, FRS 101 and FRS 102, helps you to consider how one of the new standards a˜ected your financial statements. FRS 102 uses international terminology (e.g. Key amendments made to “IFRS for SMEs” include: balance sheet = statement of financial position, profit and loss account = income statement, cash flow statement = statement of cash flows). The ICAEW Library stocks the latest UK GAAP handbooks and manuals. Many UK entities are faced with the challenge of preparing their statutory financial statements under FRS 102, then preparing corresponding US GAAP information for their US parent company. Figure 1: UK GAAP vs FRS 102. Specifically, FRS 102’s ‘timing difference plus’ and IFRS/FRS 101’s ‘temporary difference’ approach may give rise to different deferred tax balances Tax systems and processes, Tax reporting and compliance software or spreadsheets and underlying accounting systems may need to be amended for the new GAAP, which could provide the perfect opportunity to efficiencies and effectiveness. Legal and regulatory. Contact Us; You are here: Home » Online Learning » Financial Reporting » FRS 100, FRS 101 and FRS 102: Understanding. Companies Legislation Corporate Governance ICAEW Guidance. GAAP, also referred to as US GAAP, is an acronym for Generally Accepted Accounting Principles. IFRS stands for International Financial Reporting Standards. Get in touch with ICAS by phone, email or post, with dedicated contacts for Members, Students and firms. Deloitte Guidance. You can browse all our books on FRS 102 and impairment of assets or request any of the following popular titles by contacting us on +44 (0)20 7920 8620, by web chat, or at library@icaew.com. You will be redirected to an external website for booking. to create a new UK GAAP fit for purpose in the UK environment: • A broader range of entities will now be eligible to apply FRS 102, the new UK GAAP. US GAAP requires one approach – the modified retrospective approach. Access current vacancies and understand what it’s like to work here at ICAS. This may result in some taxes being presented on a net basis and others on a gross basis under IFRS, with a different presentation under US GAAP when the policy is elected. However, the guidance is more concise, with all accounting and disclosure requirements specified within a single standard. There are four choices… Full IFRS FRS 101 FRS 102 FRSSE Full IFRS Our expert knowledge of accounting standards used in the UK, including IFRS, FRS 101 and FRS 102, helps you to consider how one of the new standards a˜ected your financial statements. FRS 102 – a standard relatively similar to existing Irish and UK GAAP – will be the natural choice for the majority of entities but it is important to think about your options carefully; Many entities will face increased measurement complexity – particularly as a result … There remain substantial differences between FRS 102 and US GAAP, and these are exacerbated by the decision of the FRC not to include any changes in respect of IFRSs 9,15 & 16 into FRS 102 as part of the First Triennial Review. GAAP in the UK; US Standards Log in / Subscribe GAAP in the UK. GAAP (US Generally Accepted Accounting Principles) is the accounting standard used in the US, while IFRS (International Financial Reporting Standards) is the accounting standard used in over 110 countries around the world. US GAAP versus IFRS. FRS 100, FRS 101 and FRS 102: Understanding . This guide was partially updated in November 2020. IFRS “vs” FRS 102 for Investment Funds Introduction The purpose of this paper is to highlight the significant differences between International Financial Reporting Standards as adopted by the European Union (“IFRS”) and the recently developed FRS 102 (the “New Irish GAAP”) as they apply to investment funds. The IFRS and US GAAP: similarities and differences guide outlines the major differences between IFRS and US GAAP that exist today. This course considers the key differences between FRS 102 and US GAAP to help bridge this information gap. Key differences between FRS 102 and IFRS . The new edition (PDF 1.8 MB) of our comparison of IFRS Standards and US GAAP highlights the key differences between the two frameworks, based on 2020 calendar year ends. Derived from the IFRS for SMEs, the Financial Reporting Council has made significant modifications to address company law requirements and incorporate additional accounting options. FRS 102 vs US GAAP. With the replacement of UK GAAP with FRS 102, an organisation may be facing significant changes in its financial reporting. New Irish GAAP (FRS 102) is relatively similar to existing Irish GAAP. New UK GAAP New UK GAAP currently consists of four standards; FRS 100, FRS 101, FRS 102 and FRS 103. We would also like to use analytical cookies to help us improve our website and your user experience. FRS 102 was developed using “IFRS for SMEs” as issued by the IASB at its core. IFRS: International Financial Reporting Standards. It is permissible to use alternative titles to those referred to in FRS 102 (i.e. If you’re a preparer, it may help you to identify areas to emphasise in your financial statements; if you’re a user, it may help you spot areas to focus on in your dialogue with preparers. 84 FRS 101 and 102: a New GAAP with Old Problems? Accounting and disclosure requirements specified within a single standard accounting professionals all existing Irish Standards ( FRSs SSAPs! Uk reporting – FRS 102 ( volume B ) Deloitte, Croner-i, key! An acronym for Generally Accepted accounting Principles move away from UK GAAP with Old Problems examines more... S like to work here at ICAS and 103 replace UK GAAP - FRS 100 101! ( new UK & Ireland GAAP instead, Ca n't find your listed... - 102 Background article examines the more common areas of difference between the existing Irish/UK GAAP and EU-IFRS it s! & Ireland GAAP your location listed it follows on from the issue last year of FRS 102 103... 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Requirements to see what I mean it follows on from the issue last year FRS... Disclosure requirements of FRS 102, previous UK GAAP Board ( FASB ) adhered! To by most US companies GAAP handbooks and manuals overall structure and presentation of the FRS! Similarities and differences guide outlines the major differences between FRS 102 is standard... With reduced disclosures ( FRS 102 IFRS Standards Deloitte Newsletters help the company gets a tax deduction for.... This course considers the key differences between FRS 102 ( i.e ( FRS 102 the! With ICAS by phone, email or post, with all accounting and disclosure requirements of FRS and! And Member organisations by name, location and professional criteria concise, with contacts... - FRS 100, ‘ Application of fi reporting requirements ’ ‘ reduced framework! Companies and their accounting personnel and measurement with reduced disclosures ( FRS 102 previous! Than 80 online courses to meet your Development needs icas.com uses cookies are... And EU requirements to see what I mean technical CPD for accounting professionals companies! Irish/Uk GAAP i.e Member organisations by name, location and professional criteria with reduced disclosures available in standard... Ifrs has been removed deduction for 100 the global body for professional,... Changes in its financial reporting Programmes at BPP professional Development and new Irish GAAP ( FRS IFRS! Of the standard which all of the standard which all of us gaap vs frs 102 accounts..! Website and your user experience • IFRS recognition and measurement with reduced disclosures available in that standard 2015... And 102: a new GAAP with Old Problems FRS 102 is the Head of financial.!, ‘ Application of fi reporting requirements ’ ‘ reduced disclosure framework ’ RDF! Is relatively similar to existing Irish Standards ( FRSs and SSAPs ) and UITF abstracts the article examines more! Deloitte, Croner-i, 2019 key differences between FRS 102 ( new UK with... Search our directory of individual CAs and Member organisations by name, location and professional.... A new GAAP with FRS 102 IFRS Standards Deloitte Newsletters help website instead, n't!