11483nam a2200589 i 4500 000606334 MiAaPQ 20190612071107.0 m o d | cr cnu|||||||| 170327t20172017enk o 001 0 eng d NEZPRACOVANÝ IMPORT 9781119376903 9781119376910 (e-book) (MiAaPQ)EBC4821047 (Au-PeEL)EBL4821047 (CaPaEBR)ebr11359522 (CaONFJC)MIL1000698 (OCoLC)978254805 e uk HF5616.G7 .U558 2017 657.021841 23 UK GAAP 2017 : application of FRS 100-104 in the UK / Mike Bonham [and fifteen others]. United Kingdom Generally Accepted Accounting Practice 2017 West Sussex, England : EY : Wiley, 2017. ©2017 1 online resource (1,944 pages) text rdacontent computer rdamedia online resource rdacarrier Includes indexes. Description based on online resource; title from PDF title page (ebrary, viewed March 24, 2017). Electronic reproduction. Ann Arbor, MI : ProQuest, 2016. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. Cover -- Title Page -- Copyright -- About this book -- Preface -- Lists of chapters -- References and abbreviations -- Authoritative literature -- Chapter 1 FRS 100 - Application of financial reporting requirements -- 1 INTRODUCTION -- 2 SUMMARY OF FRS 100 -- 3 DEFINITIONS -- 4 FRS 100 - APPLICATION OF FINANCIAL REPORTING REQUIREMENTS -- 4.1 Scope of FRS 100 -- 4.2 Effective date -- 4.3 Withdrawal of previous UK and Irish GAAP -- 4.4 Basis of preparation of financial statements -- 4.4.1 Company law and regulatory requirements governing financial reporting framework -- 4.4.2 The Accounting Directive -- 4.4.3 EU-adopted IFRS -- 4.4.4 FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland -- 4.4.5 FRS 101 - Reduced Disclosure Framework -- 4.4.6 Small entities -- 4.4.7 FRS 105 - The Financial Reporting Standard applicable to the Micro-entities Regime -- 4.4.8 Considerations on choice of financial reporting framework -- 4.5 Reduced disclosure framework -- 4.6 Statement of compliance -- 4.6.1 Related Companies Act 2006 requirements -- 4.7 SORPs -- 4.7.1 Status of SORPs -- 4.8 EU Referendum -- 4.9 Future development of FRS 102 -- 5 TRANSITION -- 5.1 Transition to EU-adopted IFRS -- 5.2 Transition to FRS 101 -- 5.3 Transition to FRS 102 -- 5.4 Transition to FRS 105 -- 5.5 Impact of transition on distributable profits -- 6 COMPANIES ACT 2006 -- 6.1 Basis of preparation of financial statements -- 6.1.1 Choice of IAS accounts and Companies Act accounts under the CA 2006 -- 6.1.2 CA 2006 restrictions on changes of financial reporting framework -- 6.1.3 Consistency of financial reporting framework in individual accounts of group undertakings -- 6.2 Companies Act requirements for the annual report and accounts -- 6.2.1 Companies Act requirements for annual accounts -- 6.2.1.A Companies Act accounts -- 6.2.1.B IAS accounts. 1 INTRODUCTION -- 1.1 Summary -- 1.2 Development of FRS 102 -- 1.2.1 Amendments made in FRS 102 compared to the IFRS for SMEs -- 1.2.2 Ongoing review of FRS 102 -- 1.2.2.A Triennial review -- 1.2.3 Amendments made to FRS 102 -- 1.2.3.A Editorial amendments and clarification statements -- 1.2.3.B Amendments to FRS 102 - Small entities and other minor amendments (July 2015) -- 1.2.3.C Amendments to FRS 102 - Fair value hierarchy disclosures (March 2016) -- 1.2.4 FRS 103 - Insurance Contracts -- 1.2.5 FRS 104 - Interim Financial Reporting -- 1.3 Effective date of FRS 102 (and FRS 103) -- 1.3.1 Accounting periods beginning on or after 1 January 2017 -- 1.3.2 Accounting periods beginning on or after 1 January 2016 -- 1.3.3 Accounting periods beginning on or after 1 January 2015 -- 1.3.4 Effective date - entities subject to SORP -- 1.3.4.A Charities -- 1.4 Structure of FRS 102 -- 2 SCOPE OF FRS 102 -- 2.1 Basis of preparation of financial statements -- 2.2 Small entities -- 2.3 Application of SORPs -- 2.4 Extension of specific IFRSs to certain types of entities -- 2.5 Specialised activities -- 2.5.1 Financial institutions - disclosure requirements -- 2.5.1.A Definition of a financial institution -- 2.5.2 Public benefit entities -- 3 REDUCED DISCLOSURE FRAMEWORK -- 3.1 Definition of a qualifying entity -- 3.1.1 Reporting date of the consolidated financial statements of the parent -- 3.1.2 Definition of 'group' and 'subsidiary' -- 3.1.3 Publicly available consolidated financial statements -- 3.1.4 Non-UK qualifying entities -- 3.1.5 Non-controlling interests -- 3.1.6 Intended to give a true and fair view -- 3.2 Use of the disclosure exemptions -- 3.3 Disclosure exemptions for qualifying entities -- 3.3.1 Statement of financial position -- 3.3.2 Statement of cash flows -- 3.3.3 Financial instruments. 3.3.3.A Other disclosures required by the Regulations for financial instruments. 5.1.1 Additional presentation requirements needed to comply with Company Law by a Schedule 1 entity using the adapted (IAS 1) balance sheet and profit and loss account formats -- 5.1.2 Additional presentation requirements needed to comply with IFRS by an entity using the Companies Act balance sheet and profit and loss account formats -- 5.1.2.A Debtors due after more than one year -- 5.1.2.B Non-current assets or disposal groups held for sale -- 5.2 Order of presentation of the notes to the financial statements -- 5.3 Extraordinary items -- 5.4 Presentation of discontinued operations -- 6 DISCLOSURE EXEMPTIONS FOR QUALIFYING ENTITIES -- 6.1 Disclosure exemptions -- 6.1.1 Share-based payment (IFRS 2) -- 6.1.2 Business combinations (IFRS 3) -- 6.1.3 Discontinued operations (IFRS 5) -- 6.1.4 Financial instruments (IFRS 7) -- 6.1.5 Fair values (IFRS 13) -- 6.1.6 Comparatives (IAS 1, IAS 16, IAS 38, IAS 40, IAS 41) -- 6.1.7 Presentation (IAS 1) -- 6.1.8 Cash flows (IAS 7) -- 6.1.9 Standards issued but not effective (IAS 8) -- 6.1.10 Related party transactions (IAS 24) -- 6.1.11 Impairment of assets (IAS 36) -- 6.1.12 Revenue from contracts with customers (IFRS 15) -- 6.2 'Equivalent' disclosures -- 6.3 Disclosures required by the Regulations in the financial statements for certain financial instruments which may be held at fair value -- 6.4 Disclosure exemptions for financial institutions -- 7 ADDITIONAL COMPANIES ACT DISCLOSURES -- 7.1 Existing Companies Act disclosures in the financial statements for EU-adopted IFRS and UK GAAP reporters that also apply under FRS 101 -- 7.2 Disclosures required by the Regulations and the LLP Regulations in FRS 101 financial statements but not required under EU-adopted IFRS -- 8. FUTURE CHANGES TO IFRS AND THEIR IMPACT ON FRS 101 -- 8.1 IFRS 9 - Financial Instruments -- References -- Chapter 3 Scope of FRS 102. 6.2.1.C General - Companies Act accounts and IAS accounts -- 6.2.1.D Interaction of the Small Companies Regulations with FRS 101 and FRS 102 -- 6.2.2 Companies Act requirements for annual reports -- 6.2.2.A Exemptions for micro, small and medium-sized companies -- 6.2.2.B Additional requirements for quoted companies and companies with transferable securities admitted to trading on a regulated market -- 6.3 Preparation of consolidated financial statements -- 6.3.1 Requirements of accounting standards to prepare consolidated financial statements -- 6.3.2 Exemption from publishing the individual profit and loss account where group accounts are prepared -- 6.4 Micro-entities regime -- 6.4.1 Scope of the micro-entities regime -- 6.4.2 Companies Act requirements for micro-entities -- 6.5 Small companies -- 6.6 Medium-sized companies and groups -- 6.6.1 Qualification as medium-sized company -- 6.6.1.A Size criteria for medium-sized companies and groups -- 6.6.1.B Companies excluded from medium-sized companies -- 6.6.2 Disclosure exemptions available for medium-sized companies -- 6.6.2.A Disclosure exemptions available in the accounts and reports prepared for members -- 6.6.2.B Abbreviated accounts -- 6.7 Disclosures -- 6.7.1 Disclosures required by the Regulations -- 6.7.2 Existing Companies Act disclosures in the accounts and reports applicable to IAS accounts and Companies Act accounts -- 6.8 Distributable profits -- 6.8.1 Realised profits -- 6.8.2 Qualifying consideration -- 6.8.3 Realised losses -- 6.8.4 Disclosure of distributable profits -- 6.8.5 Impact of transition on distributable profits -- 7 FINANCIAL REPORTING COUNCIL (FRC) AND ACCOUNTING STANDARD SETTING -- 7.1 Accounting standards setting -- 7.2 Scope and authority of accounting standards -- 7.2.1 Accounting standards and true and fair -- 7.3 UK GAAP -- References. Chapter 2 FRS 101 - Reduced disclosure framework -- 1 INTRODUCTION -- 1.1 Summary of FRS 101 -- 1.2 Effective date of FRS 101 -- 1.2.1 Amendments to FRS 101 issued in July 2015 -- 1.2.2 Amendments to FRS 101 issued in July 2016 -- 1.3 Statement of compliance with FRS 101 -- 2 SCOPE OF FRS 101 -- 2.1 Definition of a qualifying entity -- 2.1.1 Reporting date of the consolidated financial statements of the parent -- 2.1.2 Definition of group and subsidiary -- 2.1.3 Publicly available consolidated financial statements -- 2.1.4 Non-UK qualifying entities -- 2.1.5 Non-controlling interests -- 2.1.6 Intended to give a true and fair view -- 2.2 Use of the disclosure exemptions -- 2.3 The impact of section 400 and section 401 of the CA 2006 on FRS 101 -- 2.4 Interim financial statements -- 3 TRANSITION TO FRS 101 -- 3.1 Companies Act restrictions on changes to FRS 101 -- 3.2 Consistency of financial statements within the group -- 3.3 Transition from EU-adopted IFRS to FRS 101 -- 3.4 Transition from another version of UK GAAP or another GAAP to FRS 101 -- 3.5 The impact of transition on realised profits -- 4 MEASUREMENT DIFFERENCES BETWEEN FRS 101 AND EU-ADOPTED IFRS -- 4.1 Positive goodwill and indefinite-life intangible assets -- 4.2 Negative goodwill -- 4.3 Reversal of goodwill impairments -- 4.4 Contingent consideration balances arising from business combinations -- 4.5 Government grants deducted from the cost of fixed assets -- 4.6 Provisions, contingent assets and contingent liabilities -- 4.7 Realised profits -- 4.8 Equalisation provisions -- 4.9 Equity accounting for investments in subsidiaries, associates and joint ventures -- 4.10 Investment entities -- 4.11 Limited liability partnerships (LLPs) -- 5 PRESENTATIONAL DIFFERENCES BETWEEN FRS 101 AND EU-ADOPTED IFRS -- 5.1 Balance sheet and profit and loss formats required by FRS 101. Accounting Standards Great Britain. elektronické knihy fd186907 czenas electronic books eczenas Bonham, Mike, author. Print version: UK GAAP 2017 : application of FRS 100-104 in the UK. West Sussex, England : EY ; Wiley, c2017 xviii, 1824 pages 9781119376903 ProQuest (Firm) https://ebookcentral.proquest.com/lib/vsep/detail.action?docID=4821047 Plný text https://knihovna.vse.cz/zdroje/proquest-ebook-central/?info Informace o práci s e-knihami PQ-OWNED EB NEPOSILAT EB