UK Generally Accepted Accounting Principles are Changing
9 April 2013, 1.00 pm CET
Host: Alan Macpherson
Presenters: Pippa Booth, David Boneham, Stephanie Hurst
UK GAAP is changing, with new accounting standards issued. These new standards will apply to all companies and entities in the UK and Ireland, other than listed groups that already use IFRS, and will be effective from 1 January 2015 (with optional early adoption possible). What are the key considerations for your organisation in complying with new UK GAAP? We'll discuss:
- The framework for UK GAAP (FRS 100), IFRS with reduced disclosure (FRS 101) and new UK GAAP (FRS 102).
- Accounting for current and deferred tax.
- Key tax considerations, including treasury matters such as hedging and functional currency.
- Timetable and next steps.
Get ready for these significant changes.