See the table below for information on particular UITF Abstracts and where they can be accessed.
More general information for those researching UK accounting standards, including a timeline of their history and development, can be found in our main research guide. We also maintain separate pages on superseded FRSs, SORPs, SSAPs, and Recommendations on Accounting Principles.
All of the UITF Abstracts listed below, along with related guidance and commentary, can be found in editions of the annual Croner-i 'Accounting Standards' volumes, published in print until 2021. The Library holds a print copy of every edition from 1977 to 2019/20.
List of UITF Abstracts
| Number | Title | First issued | Date withdrawn or superseded* | Superseded by | Availability |
|---|---|---|---|---|---|
| 1 | Convertible bonds — supplemental interest/premium | 24 July 1991 | December 1993 | FRS 4 | Held in the Library collection. |
| 2 | Restructuring costs | 31 October 1991 | October 1992 | FRS 3 | Held in the Library collection. |
| 3 | Treatment of goodwill on disposal of a business | 19 December 1991 | December 1997 | FRS 10 | Held in the Library collection. |
| 4 | Presentation of long-term debtors in current assets | 22 July 1992 | March 2013 | FRS 102 |
Available online (amended version). The original version (as first issued) is held in the Library collection. An annotated version of the abstract which includes third-party editorial notes is available from the Library. |
| 5 | Transfers from current assets to fixed assets | 22 July 1992 | March 2013 | FRS 102 |
Available online (amended version). The original version (as first issued) is held in the Library collection. |
| 6 | Accounting for post-retirement benefits other than pensions | 9 November 1992 | November 2000 | FRS 17 |
Available online (amended version). The original version (as first issued) is held in the Library collection. |
| 7 | True and fair view override disclosures | 17 December 1992 | December 2000 | FRS 18 | Held in the Library collection. |
| 8 | Repurchase of own debt | 19 March 1993 | December 1993 | FRS 4 | Held in the Library collection. |
| 9 | Accounting for operations in hyper-inflationary economies | 9 June 1993 |
December 2004 (for entities applying FRS 24) March 2013 (for other entities) |
FRS 24 (for entities applying FRS 24) FRS 102 (for other entities) |
Available online (amended version). The original version (as first issued) is held in the Library collection. |
| 10 | Disclosure of directors’ share options | 29 September 1994 | December 2002 | N/A – withdrawn by UITF Information Sheet 57 | Held in the Library collection. |
| 11 | Capital instruments: issuer call options | 29 September 1994 |
December 2004 (for entities applying FRS 26) March 2013 (for other entities) |
FRS 26 (for entities applying FRS 26) FRS 102 (for other entities) |
Available online (amended version). The original version (as first issued) is held in the Library collection. |
| 12 | Lessee accounting for reverse premiums and similar incentives | 5 December 1994 | 22 February 2001 | UITF Abstract 28 | Held in the Library collection. |
| 13 | Accounting for ESOP Trusts | 8 June 1995 | 15 December 2003 | UITF Abstract 38 | Held in the Library collection. |
| 14 | Disclosure of changes in accounting policy | 21 November 1995 | December 2000 | FRS 18 | Held in the Library collection. |
| 15 | Disclosure of substantial acquisitions | 30 January 1996 | March 2013 | FRS 102 |
Available online (revised 1999 version). The original version (as first issued) is held in the Library collection. |
| 16 | Income and expenses subject to non-standard rates of tax | 13 February 1997 | December 1999 | FRS 16 | Held in the Library collection. |
| 17 | Employee share schemes | 12 May 1997 | April 2004 | FRS 20 |
Available online (revised 2003 version). Earlier versions are held in the Library collection. |
| 18 | Pension costs following the 1997 tax changes in respect of dividend income | 2 December 1997 | November 2000 | FRS 17 |
Available online (amended version). The original version (as first issued) is held in the Library collection. |
| 19 | Tax on gains and losses on foreign currency borrowings that hedge an investment in a foreign enterprise | 20 February 1998 | March 2013 | FRS 102 |
The original version is available online. It does not include the amendments made by FRS 23. A consolidated version of the abstract which includes these amendments is available from the Library. |
| 20 | Year 2000 issues: accounting and disclosures | 5 March 1998 | 27 July 2000 | N/A – withdrawn by UITF Information Sheet 41 | Held in the Library collection. |
| 21 | Accounting issues arising from the proposed introduction of the euro | 5 March 1998 (appendix issued August 1998) | March 2013 | FRS 102 |
The original version is available online. It does not include the amendments made by FRS 23. A consolidated version of the abstract which includes these amendments is available from the Library. |
| 22 | The acquisition of a Lloyd’s business | 11 June 1998 | March 2013 | FRS 102 | Available online. |
| 23 | Application of the transitional rules in FRS 15 | 18 May 2000 | March 2013 | FRS 102 | Available online. |
| 24 | Accounting for start-up costs | 22 June 2000 | March 2013 | FRS 102 | Available online. |
| 25 | National Insurance contributions on share option gains | 27 July 2000 | March 2013 | FRS 102 | Available online. |
| 26 | Barter transactions for advertising | 9 November 2000 | March 2013 | FRS 102 | Available online. |
| 27 | Revision to estimates of the useful economic life of goodwill and intangible assets | 8 December 2000 | March 2013 | FRS 102 | Available online. |
| 28 | Operating lease incentives | 22 February 2001 | March 2013 | FRS 102 |
An annotated version of the abstract which includes third-party editorial notes is available from the Library. |
| 29 | Website development costs | 22 February 2001 | March 2013 | FRS 102 | Available online. |
| 30 | Date of award to employees of shares or rights to shares | 15 March 2001 | April 2004 | FRS 20 | Available online. |
| 31 | Exchanges of businesses or other non-monetary assets for an interest in a subsidiary, joint venture or associate | 18 October 2001 | March 2013 | FRS 102 | Available online. |
| 32 | Employee benefit trusts and other intermediate payment arrangements | 13 December 2001 | March 2013 | FRS 102 | Available online. |
| 33 | Obligations in capital instruments | 14 February 2002 | December 2004 | FRS 25 | Available online. |
| 34 | Pre-contract costs | 21 May 2002 | March 2013 | FRS 102 | Available online. |
| 35 | Death-in-service and incapacity benefits | 21 May 2002 | March 2013 | FRS 102 | Available online. |
| 36 | Contracts for sales of capacity | 27 March 2003 | March 2013 | FRS 102 | Available online. |
| 37 | Purchases and sales of own shares | 28 October 2003 | December 2004 | FRS 25 | Available online. |
| 38 | Accounting for ESOP trusts | 15 December 2003 | March 2013 | FRS 102 |
The original version is available online. It does not include the amendments made by FRS 20 and FRS 22. A consolidated version of the abstract which includes these amendments is available from the Library. |
| 39 | Members’ shares in co-operative entities and similar instruments | 10 February 2005 | March 2013 | FRS 102 |
The original version is available online. It does not include the amendments made in August 2008. A consolidated version of the abstract which includes these amendments is available from the Library. |
| 40 | Revenue recognition and service contracts | 10 March 2005 | March 2013 | FRS 102 | Available online. |
| 41 | Scope of FRS 20 (IFRS 2) | 7 April 2006 | March 2013 | FRS 102 | Available online. |
| 42 | Reassessment of embedded derivatives | 7 April 2006 | March 2013 | FRS 102 |
The original version is available online. It does not include the amendments made in September 2009 and December 2009. A consolidated version of the abstract which includes these amendments is available from the Library. |
| 43 | The interpretation of equivalence for the purposes of section 228A of the Companies Act 1985 | 23 October 2006 | March 2013 | FRS 102 | Available online. |
| 44 | FRS 20 (IFRS 2) – group and treasury share transactions | 2 February 2007 | March 2013 | FRS 102 | Available online. |
| 45 | Liabilities arising from participating in a specific market – waste electrical and electronic equipment | 13 February 2007 | March 2013 | FRS 102 | Available online. |
| 46 | Hedges of a net investment in a foreign operation | 23 October 2008 | March 2013 | FRS 102 |
The original version is available online. It does not include the amendments made in December 2009. A consolidated version of the abstract which includes these amendments is available from the Library. |
| 47 | Extinguishing financial liabilities with equity instruments | 9 July 2010 | March 2013 | FRS 102 | Available online. |
| 48 | Accounting implications of the replacement of the retail prices index with the consumer prices index for retirement benefits | 17 December 2010 | March 2013 | FRS 102 | Available online. |
For the purposes of this table, the date at which a given Abstract was superseded is taken to be the date at which the relevant replacement standard was first issued; not necessarily the date at which the latter became effective.
Auxiliary material
In addition to the UITF Abstracts listed above, the Library holds a number of draft Abstracts, and several sets of responses to draft Abstracts. It also previously maintained a page listing resources around amendments to FRS 5, UITF 40 and the taxation of professional firms (now archived).
Further guidance and commentary on UITF Abstracts can be found in the many UK GAAP manuals held in the Library collection.
Those interested in the historical development of UK accounting standards may also wish to consult the Survey of Published Accounts — a series of surveys of UK financial reporting practice published annually by ICAEW between 1970 and 1996. This series both chronicled and influenced the evolution of the UK's accounting standards.
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