UK GAAP is currently undergoing significant changes with FRS 102 taking effect on 1 January 2015 and the changes to the Companies Act 2006.
If a company's accounting policy for Investment Properties says the properties are revalued every 5 years, but a valuation wasn't done within that five years (but one will be done this year), what
The UK’s smallest businesses can choose to file simplified accounts online after a European Union directive, HMRC
The accounts of the UK’s largest public companies are generally of a high standard, but there is still a high proportion of poorer-quality corporate reports produced by smaller listed and AIM-q
KPMG has invited all its listed client companies to include in their annual reports broader qualitative commentary from the auditor.
The Financial Reporting Council (FRC) has amended new accounting standards FRS 101 and FRS 102 to make them easier and cheaper to comply with.
With the mandatorily effective date of accounting periods commencing on or after 1 January 2015 fast approaching, Steve Collings considers some of the most common