Small Company Financial Reporting

Erscheinungsjahr 2015
ISBN: 978-1-78043-874-0
Verlag: Bloomsbury

Buch, Englisch, 720 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 1078 g

This book has been designed to give a clear, concise and comprehensive reference to the new financial reporting framework for small and micro-entities.

It provides comprehensive and practical guidance on the new micro-entities legislation and the new small companies' financial reporting framework. Its aim is to help those using the new standards for the first time, by explaining the differences in terminology, recognition, measurement and presentation and how to transition from the previous rules to the new ones, with the aid of real-life examples and model accounts.
Written by a specialist on small company reporting issues, it outlines the theory of the new UK GAAP regime, and explains why transactions and events affecting the financial statements are disclosed in a certain way, to enable preparers of small company financial statements to tailor certain disclosures to their client or company.

This title takes full account of:

The new FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland as amended for small companies
FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime
Companies Act 2006 effective from 6 April 2015.

"Struggling with something accounts related at work, couldn't get answer, Looked in one of @stecollings @BloomsburyTax books and there it was!"

June Allroyd
April 9th 2017

Autoren/Hrsg.

Collings, Steve

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Externes Rechnungswesen, Rechnungslegung, Bilanzierung
• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)

Inhaltsverzeichnis

Contents
Chapter 1 Introduction
Chapter 2 The New Small Companies Regime
Chapter 3 The Financial Statements
Chapter 4 The Elements of Financial Statements
Chapter 5 Reporting the Substance of Transactions
Chapter 6 Contentious Areas of the Financial Statements
Chapter 7 Small Company Legal Requirements
Chapter 8 Consolidated Financial Statements
Chapter 9 Related Parties
Chapter 10 Transactions with Directors
Chapter 11 Financial Reporting for Micro-entities
Chapter 12 Financial Reporting of Key Areas of the Accounts
Chapter 13 Small Company Audits and Ethical Standards
Chapter 14 The Transition to New UK GAAP

Über Autor(innen)

Collings, Steve
Steve Collings is Audit & Technical Partner at Leavitt Walmsley Associated Ltd (LWA). In addition to the great work he has done supporting clients and staff working from their offices in Manchester and Warrington over the past 18 years, Steve Collings contributes to a variety of external auditing and accounting platforms and is recognised globally for his technical knowledge.
Steve has become a leading figure in the accountancy and audit profession and is regularly consulted by senior authorities to assist in technical compliance issues, including being asked to become a member of the UK GAAP technical advisory group at the Financial Reporting Council where Steve plays a key role in the maintenance of UK GAAP.
Steve's service to the accounting world has been rewarded with many awards and accreditations including being highly commended as Professional Member of the Year at the AAT Professional Member Awards in 2017, and most recently in 2018, Steve was invited to contribute to the Parliamentary Review at the request of Sir Eric Pickles.
Steve writes for many international accounting blogs and websites, and has authored 24 books to date on accounting and auditing, including his latest book, entitled Practical Guide to UK Accounting and Auditing Standards. He is currently working on updated editions of Financial Reporting for Unlisted Companies in the UK and Republic of Ireland, Small Company Reporting and UK Financial Statements - Presentation and Disclosure, which will be published later in 2018.
Further information on Steve and his published books can be found here: http://www.lwaltd.com/steve-collings/.

Steve Collings is the audit and technical partner at Walmsley Associates. He is a well-respected trainer on audit and financial reporting and has written several well respected books including two for Bloomsbury Professional