Financial statement guidance

This area of Navigate UK GAAP Accounting contains detailed guidance on each area of the financial statements impacted by the requirements of FRS 105.

Examples and insights are included throughout in grey tinted boxes as well as specific links to relevant paragraphs of the standard. 

Each section contains:

  • a quick overview setting out the key requirements 
  • highlighting  of FRS 105 differences to FRS 102 section 1A and standard FRS 102 requirements;
  • scope and key definitions;
  • recognition and measurement considerations, and links to relevant detailed guidance covering FRS 105 requirements;
  • presentation and disclosure requirements;
  • exploration of current issues, including Covid-19 implications; and
  • links to further useful resources such as disclosure checklists and training modules in Navigate eCPD.

Click the button for an overview of the topics covered in this area, including links directly to these topics.

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