UKGAAP 2012: Financial Statements UK Unlisted Groups

This highly practical title provides model financial statements for companies following UK GAAP at 30 September 2009, covering all relevant provisions of the Companies Act 2006 as well as ASB pronouncements. The easy-to-use format presents example statements and expert commentary making this book essential for anyone preparing, using or analysing the accounts of UK Unlisted Groups.

Part I - The UK regulatory framework;

• Introduction;
• Sources of accounting requirements;
• The choice of accounting framework;
• Individual financial statements;
• Group financial statements;
• Consistency of individual financial statements;
• AIM companies;
• Unlisted groups with listed subsidiaries;
• Legal requirements: The Companies act;
• Accounting standards;
• Urgent Issues Task Force;
• Statements of Recommended Practice;

Part II - Model financial Statements and commentary;

• Introduction;
• Directors' report;
• Statement of directors' responsibilities;
• Independent auditors' report;
• Consolidated profit and loss account;
• Consolidated statement of total recognised gains and losses;
• Consolidated note of historical cost profit and losses;
• Consolidated balance sheet;
• Company balance sheet;
• Consolidated cash flow statement;
• Statement of accounting policies;
• Notes to the consolidated financial statements;

Part III - Appendix;

• Additional disclosures required by FRS26 adopters