LEADER 05448nam 22006733u 450 001 9911019326603321 005 20251116141225.0 010 $a1-119-05294-7 010 $a1-118-81926-8 035 $a(CKB)3710000000373645 035 $a(EBL)1895624 035 $a(SSID)ssj0001562483 035 $a(PQKBManifestationID)16208660 035 $a(PQKBTitleCode)TC0001562483 035 $a(PQKBWorkID)14835399 035 $a(PQKB)11653168 035 $a(MiAaPQ)EBC1895624 035 $a(EXLCZ)993710000000373645 100 $a20150316d2015|||| u|| | 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInterpretation and Application of UK GAAP $eFor Accounting Periods Commencing On or After 1 January 2015 210 $aHoboken $cWiley$d2015 215 $a1 online resource (547 p.) 225 1 $aWiley Regulatory Reporting 300 $aDescription based upon print version of record. 311 08$a1-118-81927-6 327 $aCover; Title Page; Copyright; Contents; About the Author; Foreword; Preface; Acknowledgements; Introduction; Introduction; History of the UK and Republic of Ireland Standard-Setting Body; Issuance of the New UK GAAP; Structure of the New UK GAAP; FRS 100 Application of Financial Reporting Requirements; FRS 101 Reduced Disclosure Framework; FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland; Smaller Companies and the Financial Reporting Standard for Smaller Entities; Format 1 balance sheet; Format 2 balance sheet; Liabilities:; Profit and loss account: 327 $aNotes to the micro-entity's financial statementsChapter 1 General Requirements of the Companies Act 2006; Introduction; Accounting Requirements under the Companies Act 2006; Thresholds for small and medium-sized companies and groups; Financial statement content; Format 1 profit and loss account; Format 2 profit and loss account; Format 3 profit and loss account; Format 4 profit and loss account; True and Fair and Adequate Accounting Records; Retention of accounting records; International Financial Reporting Standards; Smaller companies and IFRS; List of current IFRS and IAS in extant 327 $aGenerally Accepted Accounting PracticeSubstance of Transactions; Risks; Rewards; Directors' Reports; Strategic reports; Content of the strategic report; Group Accounts; Approval of Financial Statements; Interaction of FRS 102 Terminology with Companies Act 2006 Terminology; Micro-Entities Legislation; Balance sheet - Format 1; Balance sheet - Format; Notes to the financial statements; Chapter 2 The Statutory Audit Requirement and Accounting Principles; Introduction; The Statutory Audit Requirement; The Reform of Audit in 2012 and the Implications; The Concepts and Pervasive Principles 327 $aObjective of financial statementsQualitative characteristics; Understandability; Relevance; Materiality; Reliability; Substance over form; Prudence; Completeness; Comparability; Timeliness; Balance between benefit and cost; The Financial Statement Elements and the Recognition and Measurement of the Elements; Assets; Liabilities; Legal obligation; Constructive obligation; Equity; Income; Income from revenue; Income from gains; Expenses; Expenses that arise in the ordinary course of business; Losses; Recognition and measurement of assets, liabilities, income and expenses 327 $aRecognition and measurement of assetsRecognition and measurement of liabilities; Offsetting assets and liabilities; Chapter 3 The Primary Financial Statements and Disclosure Notes; Introduction; Presentation of Financial Statements Fair Presentation; Compliance with FRS 102; Frequency and Consistency; Complete Set; Statement of Financial Position; Long-term debtors; Long-term creditors; Share capital; Disposal of asset(s) or disposal group(s); Statement of Comprehensive Income and the Income Statement; Single-statement approach; Two-statement approach; Operating profit 327 $aOther issues relevant to the income statement/statement of comprehensive income 330 $aGet up to date on the latest UK GAAP, with practical application guidance Interpretation and Application of UK GAAP is a comprehensive, practical guide to applying UK GAAP at all levels, for accounting periods commencing on or after January 1, 2015. This book examines all of the core principles for every business, from subsidiaries of major listed companies right down to the very small, owner-managed business. Each chapter includes a list of relevant disclosure requirements to facilitate understanding, and real-world examples bring theory to life to provide guidance toward everyday applicati 410 0$aWiley Regulatory Reporting 606 $aAccounting -- Standards -- United States 606 $aAccounting 606 $aBusiness 606 $aAccounting$2HILCC 606 $aCommerce$2HILCC 606 $aBusiness & Economics$2HILCC 615 4$aAccounting -- Standards -- United States. 615 4$aAccounting. 615 4$aBusiness. 615 7$aAccounting 615 7$aCommerce 615 7$aBusiness & Economics 676 $a657.10923478 700 $aCollings$b Steve$01638513 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 906 $aBOOK 912 $a9911019326603321 996 $aInterpretation and Application of UK GAAP$94416172 997 $aUNINA