The Consultative Committee of Accountancy Bodies (CCAB) issued a revised Statement of Recommended Practice (SORP) on Accounting by Limited Liability Partnerships (LLPs).
This was issued on 31 March 2010 and is effective for periods commencing on or after 1 January 2010, earlier application is permitted but, in respect of the amendments made to FRS 25 in August 2008, only for accounting periods beginning on or after 1 January 2009.
ACCA have produced a set of model LLP accounts for members in practice. If you would like to obtain a copy, please email advisory@accaglobal.com quoting your ACCA membership number.