Spotlight session: FRS 102 amendments and implications for Housing SORP

On 27 March 2024, the Financial Reporting Council (FRC) issued amendments to FRS 102 and other Financial Reporting Standards following the conclusion of its second periodic review of the Standards.

Aimed at senior finance professionals, this session with BDO will explore the likely key differences between the amended FRS 102 and the existing standard, ahead of the publication of the revised Exposure Draft of the Statement of Recommended Practice (SORP) which we expect to be consulted on during Summer 2025.

The seminar will also highlight the actions registered housing associations now need to be planning ahead of the changes coming into force. Full adoption of the amended Standard is likely to be set for 31 March 2027.