Manual of Accounting New UK GAAP 2015 Pack
1. Auflage 2015
Bloomsbury Publishing PLC
inkl. MwSt. zzgl. Versandkosten
Manual of Accounting New UK GAAP 2015 Pack contains the following three titles: Manual of Accounting New UK GAAP, 2nd edition (9781780438054) While the requirements of FRS 102 are in some ways less onerous than the existing UK set of standards, there will still be a large onus on companies and their advisors to plan properly as they make the transition to adopting the new standard. There are a number of factors accountants need to consider in adopting the new standard such as the way in which a number of areas will be accounted for e.g. subsequent expenditure on fixed assets; leases, and employee benefits. Also the terminology of the new standard will be unfamiliar to many, and there will be some changes to the format of the financial statements. Readers will benefit from the usual well-structured and practical nature of the commentary. Worked examples are prevalent and as new editions are published examples from real life companies will be added. The book focusses on each area of the financial statement in turn and explains how they are treated by FRS 102 as opposed to the existing UK GAAP.
There are chapters covering various specialist sectors such as agriculture; financial institutions; oil and gas; insurance, and public benefit entities. The final chapter gives some guidance on the processes that need to be considered as businesses make the transition from the existing set of standards to FRS 102. UK GAAP Illustrative Financial Statements: FRS 102 Example Accounts (9781780438252) FRS 102 Illustrative Financial Statements covers the financial statements of two fictional entities to illustrate the disclosure and presentation requirements of FRS 102 for a group and for a single entity, and also incorporate UK company law disclosures. It also includes commentary for preparers. This edition includes the following new illustrative financial statements: New UK GAAP Group Limited The financial statements include: . Income statement presentation of discontinued operations. . Detailed illustrative accounting policies for a group and commentary thereon. . Disclosures of acquisitions and acquisition accounting. . Disclosures of impairments of goodwill. Narrative reporting includes: . Strategic report and key principles of the FRC guidance for preparers. .
Illustrative auditor's report for group reporting under FRS 102. New UK GAAP Limited The financial statements include: . Income statement and statement of comprehensive income. . Detailed illustrative accounting policies for a company and commentary thereon. . An example of group share based payment arrangement accounting. . Capitalisation of borrowing costs. . New FRS 102 financial instrument disclosures . Multi-employer pension scheme disclosures . Transition statement (using option 1 of FRC Staff Education Note) Narrative reporting includes: . Strategic report and key principles of the FRC guidance for preparers. . Illustrative auditor's report These illustrative financial statements include FRS 102 disclosures. They do not, however, include all possible disclosures and where necessary preparers will need to refer to the standard itself. Similarities and Differences: A Comparison of Current UK GAAP new UK GAAP (FRS 102) and IFRS, 2nd edition (9781780438313) This publication provides a high level overview of the significant differences between current UK GAAP, new UK GAAP (FRS 102) and EU-adopted IFRS.
It focuses on a selection of those differences most commonly found in practice. When applying the individual accounting frameworks, companies should consult all of the relevant accounting standards and, where applicable, national law. This summary takes into account authoritative pronouncements issued under UK GAAP and IFRS published up to March 2014. The executive summary aims to demonstrate how converting to new UK GAAP or IFRS has implications far beyond an entity's financial reporting function; to highlight some of the key differences between current UK GAAP and new UK GAAP and IFRS; and to encourage early consideration of the most appropriate framework to adopt going forward for your entity. The second section provides a summary of the similarities and differences between the three frameworks and refers to subsequent sections where key divergences are highlighted.
Written by an expert team at PricewaterhouseCoopers, one of the leading accountancy practices in the world
- Verlag: Bloomsbury Publishing PLC
- ISBN: 9781780438276
- Erscheinungstermin: 28.02.2015
- Auflagennummer: 1