New UK GAAP

You and your team need to be ready for FRS 102

If you prepare UKGAAP accounts there are radical changes ahead! And like it or not, your existing knowledge will no longer be enough. FRS 102 takes effect for periods commencing on or after 1 January 2015 and replaces most existing UK accounting standards with a single standard based on IFRS. Implications of this change are far reaching and cannot be avoided.

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