Interpretation and application of UK GAAP for accounting periods commencing on or after 1 January 2015 /

"This book examines all of the core principles for every business, from subsidiaries of major listed companies right down to the very small, owner-managed business. Each chapter includes a list of relevant disclosure requirements to facilitate understanding, and real-world examples bring theory...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Collings, Steve (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: West Sussex : Wiley, 2015.
Edición:[First edition].
Temas:
Accounting > Standards > Great Britain.
Accounting > Standards > Ireland.
Comptabilité > Normes > Grande-Bretagne.
Comptabilité > Normes > Irlande.
BUSINESS & ECONOMICS > Accounting > Financial.
Accounting > Standards
Ireland
Great Britain
Acceso en línea:Texto completo (Requiere registro previo con correo institucional)
Tabla de Contenidos:
  • Cover
  • Title Page
  • Copyright
  • Contents
  • About the Author
  • Foreword
  • Preface
  • Acknowledgements
  • Introduction
  • Introduction
  • History of the UK and Republic of Ireland Standard-Setting Body
  • Issuance of the New UK GAAP
  • Structure of the New UK GAAP
  • FRS 100 Application of Financial Reporting Requirements
  • FRS 101 Reduced Disclosure Framework
  • FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
  • Smaller Companies and the Financial Reporting Standard for Smaller Entities
  • Format 1 balance sheet
  • Format 2 balance sheet.
  • Liabilities:
  • Profit and loss account:
  • Notes to the micro-entity's financial statements
  • Chapter 1 General Requirements of the Companies Act 2006
  • Introduction
  • Accounting Requirements under the Companies Act 2006
  • Thresholds for small and medium-sized companies and groups
  • Financial statement content
  • Format 1 profit and loss account
  • Format 2 profit and loss account
  • Format 3 profit and loss account
  • Format 4 profit and loss account
  • True and Fair and Adequate Accounting Records
  • Retention of accounting records
  • International Financial Reporting Standards.
  • Smaller companies and IFRS
  • List of current IFRS and IAS in extant
  • Generally Accepted Accounting Practice
  • Substance of Transactions
  • Risks
  • Rewards
  • Directors' Reports
  • Strategic reports
  • Content of the strategic report
  • Group Accounts
  • Approval of Financial Statements
  • Interaction of FRS 102 Terminology with Companies Act 2006 Terminology
  • Micro-Entities Legislation
  • Balance sheet
  • Format 1
  • Balance sheet
  • Format
  • Notes to the financial statements
  • Chapter 2 The Statutory Audit Requirement and Accounting Principles
  • Introduction.
  • The Statutory Audit Requirement
  • The Reform of Audit in 2012 and the Implications
  • The Concepts and Pervasive Principles
  • Objective of financial statements
  • Qualitative characteristics
  • Understandability
  • Relevance
  • Materiality
  • Reliability
  • Substance over form
  • Prudence
  • Completeness
  • Comparability
  • Timeliness
  • Balance between benefit and cost
  • The Financial Statement Elements and the Recognition and Measurement of the Elements
  • Assets
  • Liabilities
  • Legal obligation
  • Constructive obligation
  • Equity
  • Income
  • Income from revenue
  • Income from gains.
  • Expenses
  • Expenses that arise in the ordinary course of business
  • Losses
  • Recognition and measurement of assets, liabilities, income and expenses
  • Recognition and measurement of assets
  • Recognition and measurement of liabilities
  • Offsetting assets and liabilities
  • Chapter 3 The Primary Financial Statements and Disclosure Notes
  • Introduction
  • Presentation of Financial Statements Fair Presentation
  • Compliance with FRS 102
  • Frequency and Consistency
  • Complete Set
  • Statement of Financial Position
  • Long-term debtors
  • Long-term creditors
  • Share capital.

Ejemplares similares