Keep up to date with the latest news on the International Financial Reporting Standard, component accounting and the SORP.
Early repayment clauses in loan facility agreements
The Financial Reporting Council has provided temporary clarification on the accounting treatment for the early repayment of fixed rate debt with two-way break clauses – read more about this.
The Housing SORP 2014 was published in September 2014. This followed consultations with members and other interested parties.