I am about to produce the financial statements for a small entity. Where can I find a summary of new accounting standards applicable in the future in a summarised form ( = without having to read pages and pages of information ... )
Thanks
Replies (5)
Please login or register to join the discussion.
It depends what level of knowledge you are starting from. Are you generally up to date but need a briefing on upcoming changes? Or do you start with zero knowledge and want a crash course on the whole field?
Small companies future standards
FRS 105 is probably what you require. Possibly FRS 101 if member of a group.
Future standards
A practical approach is to identify a listed company who has just published their accounts and get a copy of them from the web.