Accountants in practice

Are you FRS-ready?

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'Are you FRS-ready?' outlines some of the key ways that the new frameworks are affecting accountants in practice.  

The alignment of UK GAAP with IFRS is mandatory for periods beginning on or after 1st January 2015. This whitepaper offers a plan of action as FRS 101, 102 and 105 take effect, including:

  • UK financial reporting – the background
  • How significant is the move to FRS?
  • How to prepare for the change
  • Resources – where to look for help

The new standards should be considered as completely new accounting
frameworks, not just a shift in accounting policy. They introduce many
changes that accountants need to understand.

The new standards should be considered as completely new accounting frameworks, not just a shift in accounting policy. They introduce many changes that accountants need to understand. Accountants who completed their training some years ago and have not covered... Download the whitepaper to read more.

     

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