Key Updates to the Financial Accounting and Reporting Syllabus

Following the first substantial change to the syllabus content on R&D for several years, students now need to be familiar with the ERIS and merged RDEC scheme refunds content. In this article, we summarise the rules.

ICAEW have taken the unusual step of adding a full new chapter of content to the FAR Workbook for 2025 (Chapter 11). While we spend our time tracking down all our existing chapter references and updating them (Grr ... !), here's a video which summarises the main changes for you.