Accounting Insight

Recent topics have included GAAR, New UK GAAP, iXBRL and online accounting

Preparing for the new IFRS, FRS 101 and FRS 102 taxonomies


As part of the New UK GAAP accounting standards, new taxonomies are required to allow the tagging of iXBRL accounts. In addition, the FRC have taken this opportunity to create a new IFRS taxonomy as the existing one was considered lacking and they wanted to create consistency across all the taxonomies. This white paper contains a full description of these changes.

Paul Brace

R&D: voluntary disclosure


Under IFRS, companies do not have to itemise research and development expenses, but, increasingly, the big spenders are revealing more detail in annual reports, says David Stein

David Stein

Preparing accounts for LLPs - common pitfalls to avoid


Julia Penny FCA, accounting and audit Content Manager at CCH, outlines 5 common pitfalls with LLP accounts.

Julia Penny FCA, Content Manager Audit and Accounting

FRS 102: Part 10 Impairment reviews


In the final part of our series on new UK GAAP, Helen Lloyd FCA considers changes to impairment

Helen Lloyd

Income tax under FRS 102 FREE CPD module


This module deals with Section 29 - current tax (presently in UK Generally Accepted Accounting Principles (GAAP) Financial Reporting Standard (FRS) 16) and deferred tax (presently dealt with in FRS 19).

Paul Gee