PwC Manual of Accounting: Narrative Reporting 2013

UK companies are governed by legal and other regulatory requirements impacting elements of financial statements that are common to users of both IFRS and UK GAAP. These are often referred to as the 'front half' of the financial statements. This publication contains the guidance applicable to all UK companies regardless of the GAAP under which their financial statements are prepared.

Written by PwC's UK Assurance Risk and Quality team, the manual includes practical advice based on PwC's work advising clients, partners and staff. The book will be of particular interest to finance directors, accountants, legal practitioners, company administrators, financial advisors and auditors.

Features:

• Updates to the chapter on the directors’ report, including reference to the FRC report ‘An update for directors of listed companies: Responding to increased country and currency risk in financial reports’
• Updates to the chapter on corporate governance to cover: • A significant reform of the framework for directors’ remuneration from October 2013
• • Proposed changes to the UK Corporate Governance Code, the FRC Guidance on Audit Committees and a number of Auditing Standards for reporting periods beginning on or after 1 October 2012
  • Final report of the Sharman inquiry
  • European Commission activities including the Green Papers and the audit reform proposals.
• New extracts and examples