Financial reporting




I am preparing accounts under UK GAAP for a company which has investments in associates.

This company is included in the consolidated accounts of a larger group.


The FRC has published draft changes to FRS 102 for defined benefit pensions to make it clearer before it becomes mandatory on 1 January 2015.

The Financial Reporting Council (FRC) has amended new accounting standards FRS 101 and FRS 102 to make them easier and cheaper to comply with.

Hello,  First, sorry for my English. I'm Spanish and came to UK in June for looking for a job.


I have been running a micro accountancy business for about 10 years, turnover c £5000. However I am currently expanding my business and am wondering if it is worth changing my software.


A taxi driver uses his vehicle for business and then personal usage as well.

The expenses incurred on the business side are as below:

Road Tax



In another post, someone was asking about on-line petitions and whether there should be one for the HMRC proposal to take money from taxpayers' accounts.  I became aware of one a week or two ago, b



I am using Quickbooks Online. I understand that stock is valued at the average cost using Quickbooks Online. HMRC does not approve such valuation method.