In this release, we have introduced:
- Group Accounts iXBRL Filing to ROS – file Irish consolidated group accounts directly to ROS.
- FRS 102 New Lease Accounting Model for Charity Templates – implements updated lease accounting for charities.
- UK Charity SORP 2026 Trustees’ Report Enhancements (Tiers 1–3) – updated Trustees’ Report fields for all tiers.
- IAASA Compendium of Illustrative Auditor’s Reports – October 2025 Updates – updated auditor report wording for Irish companies.
These updates ensure your accounts remain fully compliant with the latest reporting standards and statutory requirements in Ireland, the UK, and Northern Ireland.
Compliance Updates
Group Accounts iXBRL Filing to ROS
- Supports statutory filing of consolidated group accounts under Irish law.
- Automatically handles consolidation adjustments, intercompany eliminations, and tagging of FRS 102 / Section 1A elements.
- Ensures compliance with Section 293 of the Companies Act 2014 and ROS submission requirements.
For more details, click here
FRS 102 – New Lease Accounting Model for Charity Templates
- Implements the FRC amendments to FRS 102 for charities in Ireland, UK, and Northern Ireland.
- Requires recognition of all leases on the balance sheet (except short-term/low-value leases).
- Optional display of Right-of-Use Assets separately on the Balance Sheet.
- Automatic generation of policy notes and lease disclosures.
For more details, click here
UK Charity SORP 2026 – Trustees’ Report Enhancements (Tiers 1–3)
- Adds new Trustees’ Report fields for all charity tiers.
- Fields include strategy, outcomes, governance, sustainability, investment review, fundraising, reserves, and more.
- Governance field supports user-definable headings.
- Applies to financial periods from 1 January 2026.
For more details, click here
IAASA Compendium of Illustrative Auditor’s Reports – October 2025 Updates
- Updates Irish company templates for CLS and CLG entities.
- Terminology changes: "Significant accounting policies" → "Material accounting policy information".
- Optional true and fair view paragraph for micro companies (FRS 105).
- Special report paragraph for abridged accounts under Companies Act 2014 Sections 352–353.
For more details, click here