United Kingdom Generally Accepted Accounting Principals (UK GAAP)
UK GAAP is the accounting framework in the UK, and refers to the Financial Reporting Standards (FRS) issued by the Financial Reporting Council (FRC). It is the set of accounting standards available to UK companies not listed on the London Stock Exchange (LSE) and so not required to report under IFRS. This typically includes
-
Alternative Investment Market (AIM) listed or private equity companies
-
Micro-entities
-
Subsidiaries or listed (IFRS reporting) entities
-
Large private companies
Foreword to the UK Accounting Standards and key links
The Financial Reporting Standard applicable in the UK and RoI
The Financial Reporting Standard applicable to the Micro-entities Regime
Application of Financial Reporting Requirements
Insurance Contracts
The FRC's policy on developing Statements of Recommended Practice
Reduced Disclosure Framework
​
Interim Financial Reporting
Listing of superseded standards withdrawn and replaced by FRS 100 and FRS 105