FRS Insight

IRIS is committed to providing you with everything you need to ensure you are compliant. We will provide insight, tools and training to keep you ahead. 

Below are a number of resources to help you get a better understanding of New UK GAAP


Are you FRS ready? For accountants in business

'Are you FRS-ready?' outlines some of the key ways that the new frameworks will affect corporate accountants.  

The alignment of UK GAAP with IFRS will be enforced for periods beginning on or after 1st January 2015. This whitepaper offers a plan of action as the countdown to FRS 101, 102 and 105 begins, including:

  • UK financial reporting – the background
  • How significant is the move to FRS?
  • How to prepare for the change
  • Resources – where to look for help

Are you FRS ready? For accountants in practice

'Are you FRS-ready?' outlines some of the key ways that the new frameworks are affecting accountants in practice.  

The alignment of UK GAAP with IFRS is mandatory for periods beginning on or after 1st January 2015. This whitepaper offers a plan of action as FRS 101,102 and 105 take effect, including:

  • UK financial reporting – the background
  • How significant is the move to FRS?
  • How to prepare for the change
  • Resources – where to look for help
The new standards should be considered as completely new accounting
frameworks, not just a shift in accounting policy. They introduce many
changes that accountants need to understand.

The new standards should be considered as completely new accounting frameworks, not just a shift in accounting policy. They introduce many changes that accountants need to understand. For accountants who completed their training some years ago and have not covered these frameworks, IRIS have produced a whitepaper documenting the impact...

Download the whitepaper to find out more

 








New UK GAAP and FRS infographic

Are you ready for the new standards? Have you learnt the lingo? Will your profits change? What's your plan of action?

New infographic from IRIS summarises the impact of new UK GAAP compliance and links to resources for additional help.

View the full infographic





Next steps on FRS - A guide for corporate accountants and accountants in practice 

This guide looks at some of the factors to consider now with your clients or with your corporate colleagues. Enabling you to hit the ground running when the regulations come into force.

 

Download the guide 

 








FRS. Is it really a big deal?

The advent of new FRS and UK GAAP Compliance is upon us

Steve Cox - IRIS Product Director, takes a candid look at the implications of change. How many hours will compliance take for a typical set of accounts? What are the benefits of early compliance?

Download the article to find out more




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