Change of https://www.gov.uk/government/publications/government-financial-reporting-manual-application-guidance

Change description : 2025-12-16 16:00:00: Fair Pay Disclosure Guidance and Business Combinations under Common Control updated. [Guidance and regulation]

Showing diff : 2025-08-07 22:56:15.192126013 +00:00..2025-12-16 16:12:28.781891152 +00:00

Guidance

Government financial reporting manual: application guidance

Application guidance on IFRS implementation for the public sector context.

From:
HM Treasury
Published
9 July 2014
Last updated
1816 JulyDecember 2025 — See all updates

Documents

Non-investment Asset Valuation application guidance - applicable from 1 April 2025

PDF, 173 KB, 11 pages

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Guidance on business combinations under common control

PDF, 454340 KB, 1525 pages

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IFRS 17 Insurance Contracts: Application Guidance

Ref: ISBN 978-1-916693-32-6, PU 3350

PDF, 936 KB, 47 pages

IFRS 17 Insurance Contracts: Supplementary Application Guidance

PDF, 242 KB, 7 pages

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Accounting for Social Benefits: Application Guidance

PDF, 169 KB, 5 pages

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PPP arrangements: Guidance on accounting for indexation linked payments

PDF, 211 KB, 5 pages

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Hutton Review of Fair Pay -Disclosure Implementation guidanceGuidance

PDF, 123202 KB, 58 pages

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IAS 37 and Grantor Accounting: Application Guidance

PDF, 127 KB, 9 pages

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IFRS 16 Leases: Supplementary Budgeting Guidance

PDF, 789 KB, 11 pages

IFRS 16 Leases: Application guidance

PDF, 546 KB, 34 pages

IFRS 15 Revenue from Contracts with Customers: Application Guidance

PDF, 251 KB, 25 pages

IFRS 9 Financial Instruments: Application Guidance

PDF, 285 KB, 37 pages

IFRS Group Accounting Standards: Application Guidance

Ref: ISBN 978-1-909790-99-5, PU1660

PDF, 227 KB, 24 pages

IAS16: Asset valuation in the asset valuation model

PDF, 13.6 KB, 1 page

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Recognition point for all tax and duty heads

PDF, 103 KB, 16 pages

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Guidance on asset valuation

PDF, 131 KB, 8 pages

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IAS16: Categories contained in the road network

PDF, 25 KB, 2 pages

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IAS 16: Types of maintenance on the trunk roads

PDF, 20.6 KB, 3 pages

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IAS16: Practical implication of accounting for roads under IFRS

PDF, 23.7 KB, 1 page

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Details

The government financial reporting manual is the technical accounting guide for the preparation of financial statements. HM Treasury publishes guidance on International Financial Reporting Standards (IFRS) implementation for the public sector to help preparers of central government annual reports and accounts.

Updates to this page

Published 9 July 2014
Last updated 1816 JulyDecember 2025 + show all updates

  2. Supplementary guidance added to cover the application of IFRS 17 paragraph B11 and insurance contracts vs financial guarantee contracts.

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Update history

2026-03-16 10:17
IFRS 16 Leases guidance updated as a result of the budgeting change for 2026-27.

2025-12-16 16:00
Fair Pay Disclosure Guidance and Business Combinations under Common Control updated.

2025-07-18 10:07
Supplementary guidance added to cover the application of IFRS 17 paragraph B11 and insurance contracts vs financial guarantee contracts.

2024-12-19 12:27
Guidance on business combinations under common control has been updated, and non-investment asset valuation guidance has been added. IFRS 17 guidance has been updated.

2024-10-24 09:15
Accounting for Social Benefits: Application Guidance has been added.

2023-08-21 16:39
PPP arrangements: Guidance on accounting for indexation linked payments PDF added.

2023-07-13 11:38
IFRS 17 Insurance Contracts Application Guidance has been added

2023-01-18 11:38
IFRS 16 Application Guidance was updated to reflect changes in the implementation date, updates to other associated guidance, and add clarifications on the remeasurement basis with regards to cash flows.