IFRS – Bizness Training Centre

FINANCIAL REPORTING NEWS: Best Bits

BIZNESSTRAININGC
3 min read

Here is a round-up of my top 3 financial reporting news bits which I have found interesting and informative. I hope you do to. FRS 105: MICRO ENTITIES AND TAX On 21 July 2017, HMRC issued ‘FRS 105 overview paper – tax implications’ which provides guidance to micro-entities that are thinking of applying, or have chosen to apply, FRS 105 The… Read More »FINANCIAL REPORTING NEWS: Best Bits

SMEs approach the IFRS for SME’s standard setting conversion

BIZNESSTRAININGC
6 min read

SME’s are estimated to account for 95% of all companies around the world. The IFRS has created a standard for SMEs which is designed to meet the needs and capabilities of small and medium sized enterprises. The main goal of IFRS is to improve financial reporting internationally by establishing a single set of high-quality, consistent and comparable reporting standards. The… Read More »SMEs approach the IFRS for SME’s standard setting conversion