International Accounting Standards

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November 28, 2023 3 min read Definitions

Financial Reporting Standards (FRS) in the UK and Ireland

Finance Accounting Standards FRS UK Accounting Financial Reporting Accounting Compliance International Accounting Standards

Explore the evolution and details of Financial Reporting Standards (FRS) as issued by the UK's Accounting Standards Board and the Financial Reporting Council, focusing on harmonization with international practices.

October 4, 2023 2 min read Definitions

Finance Accounting Corporate Governance Dissimilar Activities Consolidated Financial Statements UK Accounting Standards Financial Reporting Standards International Accounting Standards

Explore the concept of dissimilar activities in traditional UK accounting, which once justified exclusion from consolidated financial statements, and understand its transformation under current standards.

October 4, 2023 2 min read Definitions

Net Basis: A Guide to EPS Calculation

Finance Accounting Corporate Reporting Earnings per Share International Accounting Standards Financial Reporting EPS Calculation Net Basis

Explore the concept of net basis in earnings per share calculation under International Accounting Standard 33, including its definition, importance, and comparison with nil basis.