The FRC’s ‘periodic review’ of FRS 105 takes effect from periods commencing 1 January 2026 and, as when FRS 105 was first introduced, the transition will require careful consideration. This course will use a comprehensive case study to take you through the important steps. Topics covered will include: Recap on key periodic review changes and how they impact on micro entities, Eligibility for FRS 105, and pros & cons of implementation, The impact of new company legislation on size thresholds, Options and requirements on transition – including relevant journals, Key disclosure requirements and how they differ from FRS 102, Other micro entity hot topics and what they mean in practice