On 23 April 2013, the UK’s own domestic accounting standards board (ASB) launched a consultation on the future of Share Based Payment accounting (FRS20) for UK unquoted companies.

To participate in the consultation click here.

Pett Franklin welcomes this review and would encourage all interested parties to contribute.

Further information about the consultation can be found on the ASB website:

http://frc.org.uk/Our-Work/Codes-Standards/Accounting-and-Reporting-Policy/Ongoing-projects/Research/Share-based-Payment.aspx