FRS118: Presentation and Disclosure in Financial Statements Workshop
FRS 118 will replace FRS 1 from 1 January 2027, introducing significant changes to the presentation of financial statements, profit or loss reporting, and performance measure disclosures.
A big thank you to all the finance professionals who joined Baker Tilly FRS 118 workshop on 30 June 2026. We trulyappreciate the warm engagement, insightful discussions and positive energy throughout the session.
It was encouraging to see the level of interest and thoughtful exchange around how FRS 118 may impact financial reporting, performanceanalysis, stakeholder communication, and governance. Early assessment will be key in helping organisations plan ahead and navigate asmoother transition.
If you would like to continue the conversation or explore how these changes may affect your organisation, our team would be happy tosupport you. Feel free to reach out to your Baker Tilly contact for further guidance.
