You will find here all publications related to financial reporting.
Introducing the new accounting standards relating to consolidation, joint arrangements, associates and unconsolidated interests coupled with the extensive new disclosure requirements.
Transactions between related parties are likely to be of interest to users of financial statements. Understanding the requirements is therefore more important than ever.
The IASB is rewriting the rules on lease accounting. In the not too distant future there will no longer be operating leases in an IFRS set of financial statements.
Following August 2009’s Accounting Standards Board’s consultation paper on the future of UK GAAP on 29 October 2010 it issued its long awaited exposure draft entitled The Future of Financial Reporting in the UK and Republic of Ireland. This briefing paper sets out to summarise the issues facing the broking community.
Following August 2009’s Accounting Standards Board’s consultation paper on the future of UK GAAP on 29 October 2010 it issued its long awaited exposure draft entitled The Future of Financial Reporting in the UK and Republic of Ireland. This briefing paper sets out to summarise the issues facing the Lloyd’s community.
Following August 2009’s Accounting Standards Board’s consultation paper on the future of UK GAAP on 29 October 2010 it issued its long awaited exposure draft entitled The Future of Financial Reporting in the UK and Republic of Ireland. This briefing paper sets out to summarise the issues facing the insurance community.
This technical bulletin sets out a summary of where the ASB are with their proposal updates following the publication of the Exposure Draft for the reform of UK GAAP.
The countdown commences... IFRS for SMEs, the new accounting Standard, that is likely to affect the future of UK GAAP.
The proposals laid out by the ASB regarding the Future of Financial Reporting in the UK and Ireland are undoubtedly significant and will impact on all UK and Irish businesses. Mazars have responded to the ASB's Consultation Paper (February 2010) and Exposure Drafts (April 2011) in the attached comment letters, which set out general comments as well as responses to the specific questions.
With so much to consider when acquiring a business, it’s easy to overlook the accounting issues which could significantly impact market perceptions of the deal.