Steve Collings | AccountingWEB

Steve Collings

On 20 November 2015, the Department for Business Innovation and Skills (BIS) issued a consultation document ‘De-regulatory changes for Limited Liability Partnerships (LLPs) and Qualifying Partn

Accountants will have heard by now that the Companies Act 2006 has been revised for small and micro-entities as a result of the transposition of the EU Accounting Directive into UK legislation.


As part of the Solicitors Regulation Authority’s (SRA) ongoing programme of regulatory reform, it has issued guidance on the completion of the annual accountant’s report form given the changes to t


As we approach the end of 2015, practitioners across the country have begun to think about the impact that the new UK GAAP reporting frameworks will have for their small and micro-enti


The introduction of the new UK GAAP for small and micro-entities by the Financial Reporting Council (FRC) on 16 July 2015 means that many practitioners dealing with such clients will now be turning


The new accounting standards for


FRS 105 ‘The Financial Reporting Standard applicable to the Micro-entities Regime’ becomes mandatory for micro-entities choosing to report under the micro-entities’ regime for accounting period


According to a report on our sister site AccountingWEB .com

FRS 102 has now kicked in for accounting periods commencing on or after 1 January 2015 and will apply to small companies on or after 1 January 2016 with earlier adoption permissible.


FRS 102 became mandatory for accounting periods commencing on or after 1 January 2015 and therefore some companies will have already begun their transition to this new regime.