Exclusive download: UK GAAP and small business accounts part 1
In the latest exclusive Accountancy UK GAAP download series, part one of our essentials guide focuses on accounting changes for small businesses, from transition tips and the micro accounts regime, to audit exemptions and financial instruments
27 Jun 2017
We kick off with a run through the pros and cons of the micro accounts regime, transition tips and making decisions around whether to use the audit exemption when preparing the first set of financial statements under UK GAAP.
This practical guide will help you surmount many of the initial obstacles and unpick the differences between old UK GAAP treatments and make the right decision for your small business about whether to use FRS 102, FRS 102 Section 1A and FRS 105.