UK Accounting

9 Posts
1 Sections
1 Types

November 30, 2023 2 min read Definitions

Statement of Principles in UK Accounting

Accounting Financial Reporting Business Regulations Statement of Principles UK Accounting Accounting Standards Conceptual Framework Financial Reporting

Explore the foundational Statement of Principles issued by the Accounting Standards Board in 1995, shaping UK accounting practices.

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.

November 23, 2023 2 min read Definitions

Role of the Consultative Committee of Accountancy Bodies (CCAB)

Finance Accounting Governance CCAB UK Accounting Accountancy Bodies Financial Reporting Accounting Standards

A detailed view at the CCAB's influence on UK and Ireland accountancy, understanding its history, transformations, and current roles in accounting standards.

November 15, 2023 3 min read Definitions

Statements of Standard Accounting Practice (SSAP)

Accounting Financial Reporting Historical Standards SSAP Accounting Standards Financial Reporting UK Accounting Historical Accounting Practices

Explore the historical significance and details of the Statements of Standard Accounting Practice (SSAP) issued by the Accounting Standards Committee from 1971 to 1990.

October 4, 2023 3 min read Definitions

Exclusion of Subsidiaries from Consolidation in Financial Reporting

Finance Accounting Corporate Governance Financial Reporting Consolidation Subsidiaries UK Accounting Corporate Finance

Explore the grounds for excluding subsidiaries from consolidation under the UK and Republic of Ireland's financial reporting standards, and how these regulations ensure accurate financial representation.

October 4, 2023 3 min read Definitions

Non-Equity Shares: Former UK Accounting Rules Explained

Finance Accounting Corporate Governance Non-Equity Share UK Accounting Financial Reporting Standards Preference Shares Equity

Delve into the concept of non-equity shares under former UK accounting rules, exploring their characteristics and transition to new standards.

October 4, 2023 2 min read Definitions

Post-Balance-Sheet Events: A Guide for Investors and Accountants

Accounting Financial Reporting Corporate Finance Post-Balance-Sheet Events Financial Statements Accounting Standards UK Accounting IAS 10

Explore the significance of post-balance-sheet events, their impact on financial statements, and the differences in recognition standards between the UK and global accounting practices.

October 4, 2023 3 min read Definitions

True and Fair View in Financial Auditing

Finance Accounting Auditing True and Fair View Financial Auditing Accounting Standards UK Accounting Financial Transparency

Explore the concept of 'True and Fair View' in financial audits, its importance in accounting standards, and its implementation challenges.

September 29, 2023 3 min read Definitions

Disproportionate Expense and Undue Delay in UK Accounting

Accounting Finance Business Law UK Accounting Financial Reporting Consolidated Financial Statements Business Management Financial Compliance

Explore the concept of disproportionate expense and undue delay in UK accounting practices, and learn how it affects the consolidation of financial statements.