Accounting Consultations

Finance | Urgent amendment to IFRS for SMEs on consolidation exception

The International Accounting Standards Board (IASB) consults on urgent narrow-scope amendments to consolidation exception to bring IFRS for SMEs in line with full IFRS to cut costs for preparers

14 May 2026

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Finance | ISSB to amend trio of SASB sustainability standards

International Sustainability Standards Board (ISSB) consults on amendments to SASB standards on agriculture, dairy and utilities to meet IFRS S2 disclosure requirements

1 Apr 2026

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Finance | Plans to make it easier for foreign companies to relocate to UK

Proposal to overhaul corporate domicile regime to make it easier and cheaper for foreign companies to move their place of incorporation to UK out for consultation

30 Mar 2026

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Finance | UK moves to integrated reporting with SRS S1/S2 launch

Government launches brace of Sustainability Reporting Standards (UK SRS) in line with global IFRS baseline in major shift to full integrated reporting and hints at wider scope to pull in smaller businesses

4 Mar 2026

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Finance | IASB consults on clarifying fair value in IAS 28

The International Accounting Standards Board (IASB) plans minor amendments to IAS 28 improve application of fair value due to introduction of new IFRS 18 standard

20 Feb 2026

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Finance | Regulator consults on stronger safeguards for client money at law firms

The Solicitors Regulation Authority (SRA) is planning to strengthen protections for the money clients deposit with law firms with a set of measures out for consultation

22 Dec 2025

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Finance | Changes to IFRS 9 to reflect interest rate risk

IASB plans accounting model to reflect how financial institutions manage interest rate risk, involving amendments to IFRS 7 and IFRS 9

3 Dec 2025

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Finance | FRC rules out additional disclosures in FRS 101

The UK regulator is not going to make any changes to FRS 101 after annual review, despite several recent amendments to disclosures in IFRS standards

20 Oct 2025

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Finance | Crackdown on late payment of invoices with 60-day limit

In a major overhaul of late payment rules, the government plans to legislate for a 60-day payment period with penalties for non-compliance and audit committees will have to monitor corporate behaviour

31 Jul 2025

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Finance | Call for UK response to sustainability standard changes

The Financial Reporting Council (FRC) is consulting on UK views of proposed changes to the global sustainability standards in line with industry specific ISSB amendments to IFRS S2

29 Jul 2025

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Finance | FCA set to simplify senior manager regime

The financial regulator plans to streamline the Senior Managers & Certification Regime (SM&CR), including changes to 12-week rule for approving new staff and removal of duplication

16 Jul 2025

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Finance | Consultation on draft 2026 Taxonomy for FRS 102 starts

The accounting regulator has issued a draft version of the 2026 Taxonomy Suite for UK GAAP reporters reflecting changes for reporters as revenue recognition and lease accounting under FRS 102 changes

14 Jul 2025

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Finance | Pension SORP to be updated to reflect FRS 102

PRAG is consulting on amendments to the pensions SORP to bring it in line with recent FRS 102 accounting change, including on fair value and investment risk disclosures

8 Jul 2025

Pensions

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Finance | ISSB consults on priority industry sectors for sustainability standards

The International Sustainability Standards Board (ISSB) launches major consultation on proposals to amend SASB standards for key industry sectors including mining, oil and gas, construction and food processing to align with IFRS S2 Climate-related Disclosures

3 Jul 2025

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Finance | UK to implement IFRS sustainability standards

The government is consulting on minor amendments before the UK introduction of IFRS S1 and S2 sustainability reporting standards, to be called UK SRS, but no final implementation date as yet

30 Jun 2025