IRIS offers an efficient solution for Financial Reporting Standard the New UK GAAP

By Sam Thomas | 31st May 2017 | 9 min read

 

IRIS Accounts Production’s proven success has transformed it into the market leading final accounts software for accountants in practice and industry. This it achieves by creating compliant financial statements so that your final accounts preparation is a piece of cake.
Thanks to its sophisticated programming, IRIS Accounts Production is one of the most unique and flexible solutions currently available. Users have the opportunity to import or manually enter a trial balance. This data is then used to produce relevant reports in iXBRL or in a printed document.
If extra information is required – either compulsory or optional – that can’t be gained from the trial balance, the data screen facility can add any necessary data to the accounts.
To make things even more simple, your iXBRL tags are then – as often as possible – automatically added into the system. This saves you valuable amounts of time and means you only need to review company-specific tags. 
You’re also able to refer to the chart of accounts and default data screens to change descriptions and options. To make things even more unique, you have the ability to apply your own in-house style by selecting your preferences. Users can add this personal touch to all your businesses or for the ones related to a specific partner or individual chart. Creating this in-house style brings a spark of personality and distinctiveness to your business that in turn attracts more revenue.    
IRIS Accounts Production is a reliable and effective solution to FRS compliance. By including all Financial Reporting Standards - FRS 101, FRS 102, FRS 102 Section 1A, FRS 105 IFRS (International) - and using the iXBRL format to produce Companies House and HMRC-compliant accounts, IRIS Accounts Production has everything you need.
Each user saves around 22 hours per month with our software. This gives you the chance to dedicate more time to your customers and – with IRIS Accounts Production – your data is regularly updated, relieving all stress. 
Thanks to the easy navigation, comprehensive features, simple filing with Companies House and ability to edit through to iXBRL, IRIS Accounts Production is easily digestible.      
Ben Evans, a Partner at Swallow Accountancy, said that IRIS Accounts ‘‘are really straight-forward and they just work.’’

IRIS Accounts Production’s proven success has transformed it into the market leading final accounts software for accountants in practice and industry. This it achieves by creating compliant financial statements so that your final accounts preparation is a piece of cake.


Thanks to its sophisticated programming, IRIS Accounts Production is one of the most unique and flexible solutions currently available. Users have the opportunity to import or manually enter a trial balance. This data is then used to produce relevant reports in iXBRL or in a printed document.

If extra information is required – either compulsory or optional – that can’t be gained from the trial balance, the data screen facility can add any necessary data to the accounts.

To make things even more simple, your iXBRL tags are then – as often as possible – automatically added into the system. This saves you valuable amounts of time and means you only need to review company-specific tags. 

You’re also able to refer to the chart of accounts and default data screens to change descriptions and options. To make things even more unique, you have the ability to apply your own in-house style by selecting your preferences. Users can add this personal touch to all your businesses or for the ones related to a specific partner or individual chart. Creating this in-house style brings a spark of personality and distinctiveness to your business that in turn attracts more revenue.    

IRIS Accounts Production is a reliable and effective solution to FRS compliance. By including all Financial Reporting Standards - FRS 101, FRS 102, FRS 102 Section 1A, FRS 105 IFRS (International) - and using the iXBRL format to produce Companies House and HMRC-compliant accounts, IRIS Accounts Production has everything you need.

Each user saves around 22 hours per month with our software. This gives you the chance to dedicate more time to your customers and – with IRIS Accounts Production – your data is regularly updated, relieving all stress. 

Thanks to the easy navigation, comprehensive features, simple filing with Companies House and ability to edit through to iXBRL, IRIS Accounts Production is easily digestible.      

Ben Evans, Partner at Swallow Accountancy:

‘‘IRIS Accounts are really straight-forward and they just work.’’