UK GAAP for Business and Practice

This book contains worked examples and illustrations from published accounts of small and medium-sized enterprises, giving a clear insight into the most recent developments in financial reporting. This new edition, fully updated through out for 2006, includes all major updates on International Accounting Standards and deals with the Accounting Standards Board’s programme for converging UK GAAP with IAS. Whilst EU regulated and UK listed companies are required to adopt IAS from January 2005, many unlisted UK companies will continue to adopt UK GAAP for foreseeable future. This edition provides a detailed update on UK GAAP but in quick reference style. The book brings perspective developments in 2004/2005 in converging UK GAAP with IAS and how UK GAAP will develop for those unlisted companies who do not choose to adopt IAS going forward. As always the aim of this book is to provide a practical, accessible and up-to-date reference guide for the busy