Although now well established, UK GAAP still presents a raft of challenges for small entities applying FRS 102 Section 1A and micro entities applying FRS 105. This seminar will help navigate through the practicalities and highlight imminent changes:

• Common recognition and measurement issues – and the different approaches under FRS 102 and FRS 105
• Section 1A disclosures – what’s really needed to inform a true and fair view
• The thorny issue of related party and directors’ transactions
• FRS 105 – the top 10 most frequently asked questions
• Update on filing rules for small and micro entities under the Economic Crime Act
• Heads up on imminent changes to FRS 102 and FRS 105 for periods commencing 1 January 2026