FRS102 – a great reference guide
As you may know, non-listed UK and Irish companies are not subject to International Financial Reporting Standards (IFRS). Instead, local standards are applied to financial reporting in such entities. Recently, the FRC in the UK has issues FRS102, which is applicable to all non-listed UK/Irish companies from January 1st 2015. This standard replaces all previous local accounting standards.
Financial reporting is not my speciality, so if you want to read more about FRS 102, Prof Robert Kirk has authored an excellent reference guide for CPA Ireland. You can find the guide at this link: A new era for Irish & UK GAAP – A quick reference guide to FRS102 – CPA Ireland and a hard copy of the book is also available to purchase here.