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paulwakefield1
Member Since: 31st Jul 1998
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Likes: 3
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paulwakefield1
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My answers

11th Jun 2015

Indeed

This must be the starting point. But it will not always be obvious especially if rates are volatile so the calculations may have to be done anyway. Also could it fall foul of the final FRS102 paragraph quoted above?

Reply to
Accounting for derivatives under FRS 102
9th Jun 2015

The theory

is absolutely sound. Our small clients will think we are mad and that it is just jobs for the boys.

 

PS Great explanation - thank you.

Reply to
Accounting for derivatives under FRS 102
5th Mar 2015

My clients

tend to be too large to be micro entities and fall within the FRS102 Small companies size. If I understand FRED 59 correctly, I don't think the FRC could have made the revised FRS102 much more complex to apply if they tried. We seem to be moving from the straightforward FRSSE to the 340 page FRS102 to which some bits may or may not apply if we spend some time cross referring Section 1A to the rest - a stroke of genius. Obviously we will need paper copies to ease the flicking backwards and forwards.

Reply to
Life after FRSSE: FRS 105 explained
10th Oct 2014

Refresh

Simon,

Thanks for a really useful post. I have been wondering about the relationship between Power Query and Power Pivot. Power Query is being developed so fast with monthly releases, I agree it could become (and maybe already is) incredibly useful.

The lack of auto refresh is a bore but under the query's connection properties, you can set a minimum refresh period of 1 minute and also "Refresh on open" which together nearly get around the issue.

Reply to
Power BI redefines the spreadsheet
3rd Sep 2014

Bit of a bore but it's a function of the legislation..

All my clients were on the FRSSE. Now they will split between the FRSME and FRS102 Lite.

The FRSSE is currently 100 pages and FRS102 342 pages. I hope they make the FRS102 version usable and don't tuck away the differences from the full version in occasional small paragraphs.

Reply to
FRSME emerges as new micro accounts format
29th Jul 2014

What a useless rant

Really k743nx, if you're going to have a rant, make it a good 'un. "Noisy wedding party - police fail to jail the lot". Gordon Bennett. Very annoying for sure but the police have better things to do. Probably no one wanted to make a big deal out of it by the time they arrived anyway. The hotel wouldn't want the publicity and the guests had probably calmed down.

And it's not the police's fault the accounts clerk wasn't jailed.

 

Reply to
No more cash
29th Jul 2014

Just to have 3 different ones

Glen,

Can't disagree with your choice but 3 others for fun:

Status bar sums, count, etc.

Tables and filters

Keyboard shortcuts

 

Paul

Reply to
What would be in your Excel Survival Kit?
20th Mar 2014

Consideration or comparison

"anything of a technical nature which will require a consideration of many and complex variables to determine whether it is really suitable for the job required."

Yes but that does not require a comparison. If you want to find a product that is better or best then a comparison is required. To find a product that does what you need does not need a comparison - it either does it or it doesn't.

Reply to
Review: Sage One Accounts and Accounts Extra
10th Feb 2014

For every complex problem,

there is an answer that is clear, simple, and wrong. H. L Mencken.

 

:-)

Reply to
We've been robbed of a proper winter - isn't there compensation ?
31st Oct 2013

The travelling is to be enjoyed

I attend 4 or so lectures a year. Plan an attractive cross country route, travel by motorcycle, cruise past the traffic jams on the way home. Gets out of the office, get to get free advice from the lecturer and travel in a way I love. What's not to like? :-)

Reply to
Have lectures had their day?
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