PwC UK Illustrative Financial Statements for 2013 year ends

Erscheinungsjahr 2013
ISBN: 978-1-78043-257-1
Verlag: Bloomsbury Publishing PLC

Buch, Englisch, 356 Seiten, Format (B × H): 154 mm x 235 mm, Gewicht: 462 g

UK Illustrative Financial Statements for 2013 year ends provides examples of sets of accounts for the year ended 31 December 2013. Illustrating the required disclosure and presentation for UK groups and UK companies, these model accounts will help you prepare your financial statements whether you report under International Financial Reporting Standards (IFRS) or UK GAAP.

UK Illustrative Financial Statements for 2013 year ends comprises of:

IFRS GAAP Plc - consolidated financial statements for a fictional listed group reporting under IFRS;
GAAP UK Group Limited - consolidated financial statements for a fictional unlisted UK company;
UK GAAP Limited - single-entry financial statements for a fictional unlisted UK company.

This publication provides three example sets of financial statements for the year ended 31 December 2013. This edition includes the following updates:

IFRS GAAP Plc - updated to illustrate the disclosure and presentation requirements of the IFRS standards and interpretations, changes to UK Company law and reporting requirements for listed companies for financial years beginning on or after 1 January 2013. Significant changes to the financial statements include the application of IFRSs 10, 11, 12 and 13 together with IAS 19 and the IAS 1 presentation changes to Other Comprehensive Income. Significant changes to narrative reporting include:

Strategic report requirements and related amendments to the Directors' report for listed companies;
Disclosure and presentation requirements of the Directors' Remuneration Report;
Updated UK Corporate Governance disclosures;
Updated illustrative Auditor's report for listed companies.

It also includes appendices providing illustrative financial statements relating to:

Alternative presentation of cash flows and statement of comprehensive income;
Biological assets;
Oil and gas exploration assets;
Current and forthcoming requirements.

GAAP UK Group Limited & UK GAAP Limited - Example financial statements prepared under existing UK GAAP. Significant changes in narrative reporting include:

Strategic report requirements and related amendments to the Directors' report for private companies;
Updated illustrated Auditor's report for private companies.

Previous ISBN: 9781780431031

Autoren/Hrsg.

PwC

Fachgebiete

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

Inhaltsverzeichnis

1 General information;
2 Summary of significant accounting policies;
3 Financial risk management;
4 Critical accounting estimates and judgements;
5 Segment information;
6 Exceptional items;
7 Other income;
8 Other (losses)/gains - net;
9 Expenses;
10 Employees;
11 Finance income and costs;
12 Investments;
13 Income tax expense;
14 Earnings per share;
15 Net foreign exchange gains/(losses);
16 Property, plant and equipment;
17 Intangible assets;
18 Financial instruments;
19 Available-for-sale financial assets;
20 Derivative financial instruments;
21 Trade and other receivables;
22 Inventories;
23 Financial assets at fair value through profit or loss;
24 Cash and cash equivalents;
25 Non-current assets held for sale and discontinued operations;
26 Share capital and premium;
27 Share-based payments;
28 Retained earnings;
29 Other reserves;
30 Trade and other payables;
31 Borrowings;
32 Deferred income tax;
33 Post-employment benefits;
34 Dividends per share;
35 Provisions for other liabilities and charges;
36 Cash generated from operations;
37 Contingencies;
38 Commitments;
39 Business combinations;
40 Transactions with non-controlling interests;
41 Related parties;
42 Events after the reporting period;
43 Changes in accounting policies;
Appendices:

Appendix I - Alternative presentation;
Consolidated statement of cash flows - direct method;
Consolidated statement of comprehensive income - single statement, showing expenses by function;
Appendix II - Areas not illustrated in financial statements of IFRS GAAP plc;
1. Biological assets;
2. Construction contracts;
3. Oil and gas exploration assets;
4. Leases: accounting by lessor;
5. Government grants;
6. Revenue recognition: multiple-element arrangements;
7. Customer loyalty programmes;
8. Put option arrangements;
9. Foreign currency translations;
10. Share-based payments - modification and cancellation;
Appendix III - New standards and amendments;
Appendix IV - IFRS 9, 'Financial instruments'.

Über Autor(innen)

PwC
PwC is one of the leading accountancy practices in the world and authors of the acclaimed Manual of Accounting series

Written by an expert team from PwC