Webinar: Have your say on the periodic review of FRS 102
News types: Codes and Standards Announcements, Consultation Announcement, Operating Procedures, Policies and Responsibilities
Published: 5 August 2021
As part of the next periodic review of UK and Ireland accounting standards , the FRC is seeking views from a wide range of stakeholders about the type of areas they would like to be considered for review. This may include new issues or transactions that should be addressed, or comments or suggestions in relation to the current requirements. In addition to stakeholder feedback, the review will consider recent developments in financial reporting (such as changes in IFRS) and relevant developments in the wider reporting framework.
To help inform stakeholders, the FRC will be hosting a short webinar to provide additional information about the review including next steps.
When: Monday 13 September 15:00-15:30 (BST).
Roundtable events
The FRC will also be holding roundtable events so that stakeholders can discuss the review in more detail and share their views directly. The FRC welcomes the views of a diverse group of stakeholders including:
- Preparers of financial statements
- Investors, lenders and other users of financial statements
- Advisers and auditors
To enable all relevant perspectives to be heard, the two roundtables will focus on entities of different sizes - although any stakeholder may attend either event.
Roundtable 1
Thursday 23 September, 15:00-16:00 (BST) - primarily to discuss matters relevant to large and medium-sized entities.
Roundtable 2
Wednesday 13 October, 15:00-16:00 (BST) - primarily to discuss matters relevant to small and micro entities.
To register for either of the roundtables please email: [email protected] .
Podcast
You can find out more about the FRC’s review in the latest ‘In Conversation’ podcast where Jenny Carter, the FRC’s Director of Accounting and Reporting Policy, discusses why the periodic review of FRS 102 is important and how you can help to shape the formal consultation.