FRS Accountancy Standards and TaxCalc

Article ID: 2497

Last updated: 24 Mar, 2017

TaxCalc Accounts Production allows you to complete accounts in various accounting standards.

The following table lists the accounting standards that TaxCalc can be used for (and their respective dates).

Accounting Standard	Effective from
FRSSE (2008)	Suitable for accounting periods commencing before 1 January 2015.
FRSSE (2015)	Suitable for accounting periods commencing on or after 1 January 2015, up until accounting period commencing on 31 December 2015 (early adoption is permitted).
Micro Entities	Suitable for accounting periods ending on or after 30 September 2013 up until accounting periods commencing on 31 December 2015
Simplified Small Entities (Non FRSSE)	Suitable for accounting periods commencing before 1 January 2015.
Small Company Full Provisions	Suitable for accounting periods commencing before 1 January 2015.
FRS102 1A (Small)	Suitable for accounting periods commencing on or after 1 January 2016 (early adoption is permitted for period commencing on or after 1 January 2015).
FRS105 (Micro-entities)	The financial reporting standard applicable to the micro-entities regime for accounting periods commencing on or after 1 January 2016 (early adoption is permitted for period commencing on or after 1 January 2015).

For further information on accounting standards currently in use, please visit the FRC website.

Article ID: 2497

Last updated: 24 Mar, 2017

Revision: 8

Email to friend pool

Add to pool

This article was:

Knowledgebase	Support	HMRC Useful links

Knowledgebase home Tax Return Production Accounts Production Client Hub Practice Management VAT Filer CloudConnect Anti-Money Laundering	Support home Hot Topics SimpleStep Guides Release Notes Technical Known Issues	HMRC Status Useful Links

MTD for Agents	MTD for Businesses	What is MTD

Preparation Agent Services Account MTD for VAT MTD for Income Tax	MTD for VAT Digital Record Keeping Quarterly Updates Step-by-step Guide	HMRC's MTD Timeline TaxCalc's MTD Journey

For Accountancy Practices and Tax Advisors		For Individuals, Businesses, Trusts, and Partnerships

PRACTICE MANAGEMENT Client Hub Companies House Integration GDPR Centre NEW eSign Centre NEW AML Identity Checking AML Centre NEW COMPANY SECRETARIAL Company Incorporator Companies House Forms	FINANCIAL REPORTING Accounts Production TAXATION AND HMRC Tax Return Production VAT Filer SERVICES CloudConnect	TAX SOFTWARE Individual Limited Company Partnership Trust	VAT SOFTWARE VAT Filer for Business NEW