Key changes for FRS 102 and IFRS

In our latest video Paul Williams, Partner and Paul Spencer, Corporate Senior Manager discuss some of the key changes that are coming for FRS 102 and IFRS and the dates they will apply from.

Some of the topics that are discussed are;

  • Dates that some of these key changes come into force
  • Property owned and used by groups in their business
  • Directors’ loan accounts and their measurement
  • The disclosure of stocks recognised as an expense
  • Changes to international accounting standards

– IFRS 15 in respect of revenue recognition and IFRS 16 in respect of leases – and the time for implementation of these changes

  • The impact of IFRS 15 and IFRS 16 on UK accounting standards