FRED 84 Draft amendments to FRS 102 – Supplier finance arrangements
Published: 28 September 2023
Response deadline: 31 December 2023
| Title | FRED 84 Draft amendments to FRS 102 – Supplier finance arrangements |
|---|---|
| Format | pdf, 388.8 KB |
In-page links:
Overview
FRED 84 proposes to introduce new disclosure requirements to provide users of financial statements with additional information about an entity’s use of supplier finance arrangements and the effect of such arrangements on the entity’s financial position and cash flows. The proposals are based on amendments issued by the IASB in May 2023.
Comments on FRED 84 are requested by 31 December 2023. The FRC expects to finalise the proposed amendments in the first half of 2024, alongside the amendments arising from the current periodic review of FRS 102 and other FRSs.
Outcome
Finalised as part of Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and other FRSs – Periodic Review 2024 issued in March 2024.
| Name | Financial reporting standards: Periodic Review 2024 – Key changes |
|---|---|
| Publication date | 27 March 2024 |
| Type | Information sheet |
| Format | PDF, 31.2 KB |
| Name | Feedback Statement – Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and other FRSs – Periodic Review 2024 |
| Publication date | 27 March 2024 |
| Type | Feedback paper |
| Format | PDF, 31.2 KB |
| Name | Impact Assessment – Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and other FRSs – Periodic Review 2024 |
| Publication date | 27 March 2024 |
| Type | Impact Assessment |
| Format | PDF, 31.2 KB |
Consultation responses
| Title | 01 RSM UK TAL Response to FRED 84 |
|---|---|
| Format | pdf, 110.8 KB |
| Title | 02 ICAS Response to FRED 84 |
| Format | pdf, 198.0 KB |
| Title | 03 EY Response to FRED 84 |
| Format | pdf, 113.3 KB |
| Title | 04 Deloitte Response to FRED 84 |
| Format | pdf, 132.4 KB |
| Title | 05 ACCA Response to FRED 84 |
| Format | pdf, 181.1 KB |
| Title | 06 Chartered Accountants Ireland Response to FRED 84 |
| Format | pdf, 410.9 KB |
| Title | 07 PWC Response to FRED 84 |
| Format | pdf, 112.5 KB |
| Title | 08 KPMG Response to FRED 84 |
| Format | pdf, 111.6 KB |
| Title | 09 ICAEW Response to FRED 84 |
| Format | pdf, 116.6 KB |
| Title | 10 CPA Ireland Response to FRED 84 |
| Format | pdf, 415.4 KB |
| Title | 11 Grant Thornton LLP Response to FRED 84 |
| Format | pdf, 180.4 KB |
| Title | 12 Mazars Response to FRED 84 |
| Format | pdf, 152.2 KB |