The small company factsheet has been updated to incorporate the results of the triennial review carried out by the FRC in 2017. It also includes a ‘Frequently Asked Questions’ section relating to small entities which member firms may find helpful.
The medium and large entity factsheet has amendments made to FRS 102 which are likely to affect those entities.
Technical factsheet: Company purchase of own shares explains how a company can buy back shares from shareholders. It is aimed at private companies who decide to purchase their own shares from shareholders and also provides an overview of a reduction of capital which involves no payments being made by the company to shareholders.