Ensure Financial Statement Completeness and Compliance with UK GAAP Requirements

Regulators say that the biggest driver of deficient financial statements is a misunderstanding of the requirements. Many are subjective, incomplete and incorrect, drawing sanctions against the practitioner or firm. The UK GAAP Financial Statement Disclosures Manual clears the confusion with expert guidance on all aspects of disclosure statements, including the most recent changes affecting statements prepared in 2015/2016.

A growing emphasis on transparency, alongside wholesale changes in the profession, has left practitioners at a loss for guidance; this book provides practical reference for financial disclosure preparation to help ensure compliance with the new UK GAAP.

• Find much-needed guidance through the sweeping changes traversing the UK financial reporting landscape
• Prepare complete and correct disclosure notes that stand up to scrutiny
• Follow real-life examples that demonstrate objective, correct, UK GAAP-aligned reporting under the new rules
• Understand the latest requirements through expert clarification and insight

From profit and loss accounts, cash flows and equity, to assets, grants, investments and inventories, this authoritative guide details the critical elements of disclosure for nearly every situation. The UK GAAP Financial Statement Disclosures Manual is an essential resource for compliance in financial reporting.