The term ‘financial instruments’ often results in accountants glazing over, says Steve Collings.
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
With so much change taking place in financial reporting as the UK negotiates the transition to a new regime for small/medium and micro companies, Stev
With a reduction in the presumed life of goodwill from 20 to five years under the new reporting standard FRS 102, many accountants are concerned about
FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, is considered to be the most significant change in financial reporting for
Steve Collings highlights some of the issues surrounding employee benefits in section 28 of the new financial reporting standard coming into play in J
FRS 102 becomes mandatory for accounting periods starting on or after 1 January 2015. Steve Collings considers accounting for grants under the new GAAP.
UK GAAP is currently undergoing the most significant overhaul in a generation with the introduction of FRS 102 becoming mandatory for accounting periods commencing