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FRS102 – brace for change

by | Nov 14, 2016 | ACCA, financial reporting

Think you’ve mastered FRS 102? We have news for you… Many practitioners have spent the last year getting to grips with the no longer ‘new UK GAAP’ requirements of FRS 102. The changes to the treatments of deferred tax, loans, revaluations etc have had us all...

Charity reporting

by | Oct 17, 2016 | ACCA, business issues, financial reporting

The Charity Commission have produced Template to help non-company charities with incomes of less than £500,000 prepare their trustees’ annual report and accruals accounts in accordance with Charities SORP FRS 102. It also includes an independent examiners...

FRS 101 and FRS 102 tax overview

by | Sep 30, 2016 | ACCA, financial reporting

New guidance outlines the key tax considerations for companies transitioning from old UK GAAP to the new standards. HMRC has updated its tax overview of FRS 101 and FRS 102. It highlights that the documents provide an overview of the ‘key tax considerations that arise...