A new set of Gibraltar Accounting Standards has been drafted and issued for circulation and comment by the membership of the GSA.

This can be reviewed in pdf by clicking here. The accounting practices set out in this attachment shall be regarded as standard in respect of financial statements relating to accounting periods beginning on or after 1 January 2015.

Click here to review the FRS103 interpretative note.

Please see the accounting standards to be used in respect of financial statements relating to accounting periods beginning prior to 1 January 2015. A pdf version of this is attached can be found by clicking here.