This Content Was Last Updated on January 24, 2026 by Jessica Garbett
The FRC has prepared 15 Staff Education Notes for the users of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.
These Staff Education Notes aim to illustrate certain requirements of FRS 102. They cover:
- SEN 01 Cash flow statements
- SEN 02 Debt instruments – amortised cost
- SEN 03 Impairment of trade debtors
- SEN 04 Investment properties
- SEN 05 Property, plant and equipment
- SEN 06 Leases
- SEN 07 Revenue recognition
- SEN 08 Government grants
- SEN 09 Employee benefits – Short-term employee benefits and termination benefits
- SEN 10 Employee benefits – Defined benefit plans
- SEN 11 Foreign exchange contracts
- SEN 12 Incoming resources from non-exchange transactions
- SEN 13 Transition to FRS 102 (updated April 2015)
- SEN 14 Illustrative credit union financial statements
- SEN 15 Acquisitions and disposals of subsidiaries
Article contributed by ACCA In-Practice