RSSArchive for June, 2017

Jun

28

Group Accounts Under FRS 102

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Group Accounts Under FRS 102

FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland deals with the issue of consolidated financial statements (group accounts) in Section 9 Consolidated and Separate Financial Statements and Section 19 Business Combinations and Goodwill.  This article will not go into the detail of preparing consolidated financial statements because the principles […]

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Jun

28

Revised auditing standards in the UK

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Revised auditing standards in the UK

The Financial Reporting Council (FRC) has issued revised International Standards on Auditing (UK) (ISAs (UK)) which apply for periods commencing on or after 17 June 2016.  Changes to ISAs (UK) are not the only changes that auditors need to be aware of as the FRC have also issued a revised Ethical Standard which replaces the […]

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