Overcome your disclosure problems. By Steve Collings
Over the last few years the accountancy profession has become increasingly more and more bureaucratic, with much more emphasis being placed on disclosures and the overall way in which financial statements are prepared, from the big ‘blue-chip’ companies’ right down to Jo Bloggs Joinery Company Ltd down the road.
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Hillary
Thank you for your feedback - I am pleased you have found this article helpful.
Thank you also to those that have rated it so highly - I very much appreciate that.
Kind regards
Steve
Fantastic
This is a succinctly written and informative article that will help all of us smaller practitioners with limited resources. I am one of those practitioners in the article that does not have reliable software but following this article have decided to jump ship and get some software.I for one did not realise that you had to disclose a controlling individual or charity donations so that is a lesson well learnt.
thank you for doing this for us it is appreciated.
Hilary
Interesting
I agree that this is a very useful and informative article. I was unaware that the basis of the stock valuation was required so that one point alone has helped me.
Just wondering though - what is the potential outcome of these errors and / or omissions being made? They are not going to be rejected for these type of mistakes when (from what I hear) 1 in 4 filed accounts contain more serious material error than disclosure omission.