The EU Accounting Directive (2014) aims to simplify the disclosure requirements for small companies through the introduction of abridged accounts, with special rules for micro-entities. Incorporated into UK law in 2015, applicable to financial periods starting on or after 1 January 2016.
A comprehensive overview of what constitutes a 'Connected Person' under the Companies Act, detailing the definitions, implications, and important considerations.
Understanding the concept and implications of dual agency disclosure in real estate transactions where a single agent represents both the buyer and the seller.
Exploring non-adjusting events, their definition, significance in financial statements, examples, and necessary disclosures.
Regulation S-X specifies the form and content of financial statements and supplemental schedules required in filings with the Securities and Exchange Commission (SEC).
Understanding the various types of accounting changes, including changes in accounting principles, estimates, and reporting entities, along with their implications and disclosures.
