UK Accounting Standards

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October 4, 2023 2 min read Definitions
Dissimilar Activities in Accounting: An Insight into Exclusion from Consolidated Financial Statements
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.
Read more about Dissimilar Activities in Accounting: An Insight into Exclusion from Consolidated Financial Statements.
October 4, 2023 2 min read Definitions
Statement of Income and Retained Earnings in Financial Reporting
Finance Accounting Business Reporting Financial Reporting Income Statement Retained Earnings UK Accounting Standards Equity
Explore the essentials of the Statement of Income and Retained Earnings under the Financial Reporting Standard applicable in the UK and Ireland, focusing on its role in place of the statement of changes in equity.
Read more about Statement of Income and Retained Earnings in Financial Reporting.

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