Exclusive download: UK GAAP and small business accounts part 2
The latest exclusive Accountancy UK GAAP essentials guide focuses on four key accounting changes for small businesses, covering deferred tax, reduced disclosures, and how to prepare abridged and filleted accounts
30 Nov 2017
In the second part of our New UK GAAP series, we focus on four key issues for small business preparers:
- the revised approach to reporting deferred tax and particular pitfalls;
- disclosure requirements and the scope of Section 1A of FRS 102;
- why abridged accounts are not the same as abbreviated accounts; and
- preparing filleted accounts and understanding the filing exemptions.
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.
To download this exclusive Accountancy Essentials guide part 2, click here