The age of FRS 101 & 102 - new infographic
2015, and the advent of New UK GAAP reporting standards, is here
Today, we’ve published a new infographic that outlines some of the key impacts and points for consideration.
- Are you aware of the details of the changes?
- Have you learnt the new reporting lingo (it was just a balance sheet but now it’s a ‘statement of financial position’)?
- Will your profits change?
- What’s your plan of action to meet the compliance guidelines?
The guide also includes some links to more advice and resources.