The government financial reporting manual is the technical accounting guide for the preparation of financial statements. HM Treasury publishes guidance on International Financial Reporting Standards (IFRS) implementation for the public sector to help preparers of central government annual reports and accounts.
Updates to this page
Published 9 July 2014 Last updated 19 December 2024 +show all updates
Guidance on business combinations under common control has been updated, and non-investment asset valuation guidance has been added. IFRS 17 guidance has been updated.
Accounting for Social Benefits: Application Guidance has been added.
PPP arrangements: Guidance on accounting for indexation linked payments PDF added.
IFRS 17 Insurance Contracts Application Guidance has been added
IFRS 16 Application Guidance was updated to reflect changes in the implementation date, updates to other associated guidance, and add clarifications on the remeasurement basis with regards to cash flows.
Added the new Hutton Guidance on fair pay
Added new document 'IAS 37 and Grantor Accounting: Application Guidance' for users. The Application Guidance is to be used by annual account preparers for their year-end reporting (therefor I would request fast publication).Minor changes to capitalisation of tittles and document order.
Updated IFRS 16 Leases: Application guidance
Updated with 'IFRS 16 application guidance'.
Updated with 'IFRS 16 Leases: supplementary budgeting guidance'.
Updated 'IFRS 16 Application Guidance'
Updated 'IFRS 16 Leases: Application guidance'.
Updated 'IFRS 16 Leases: Application guidance'.
Updated with IFRS 9 Financial Instruments: Application Guidance and IFRS 15 Revenue from Contracts with Customers: Application Guidance
Attached: IFRS group accounting standards: application guidance
