PwC Manual of Accounting: IFRS for the UK 2014 Pack

PwC’s Manual of accounting – IFRS for the UK 2014 Pack provides comprehensive practical guidance on the IFRSs issued by the IASB and the accounting requirements of UK law applicable to UK users of IFRS, as well as the other elements that make up IFRS for the UK. This pack will help UK companies who report under IFRS understand exactly what is required of them.

This pack comprises the following 4 volumes.

Key updates are listed below.

Manual of accounting: IFRS for the UK 2014 Vol. 1 and Vol. 2
Updated guidance on:

• IASB’s annual improvements 2011 effective 1 January 2013; and
• Standards, amendments and interpretations effective 1 January 2013 including IFRS 7, IAS 19 (revised), IAS 27 (revised), IAS 28 (revised), IFRS 10, 11, 12, 13 and IFRIC 20; and amendments to IAS 1, IFRS 1, 10, 11, 12.
• New chapters on investment entities and separate financial statements.
• New and updated illustrative examples.

Manual of accounting: Narrative reporting 2014
This year’s edition provides guidance for UK quoted companies on the ‘front half’ of financial statements, including many illustrations and examples.
Key updates from previous edition include:

• Updated guidance for new external guidance and legislation including
• FRC UK Corporate governance code and
• 2013 Statutory instruments regulations.
• New real-life examples from accounts.

UK illustrative financial statements for 2013 year ends
This publication provides three example sets of financial statements for the year ended 31 December 2013. The latest update includes the following:

• IFRS GAAP Plc - new standards, amendments and interpretations that take effect from periods starting on or after January 2013.
• GAAP UK Group Limited & UK GAAP Limited - strategic report requirements and related amendments to the Directors’ report for private companies and updated illustrated Auditor’s report for private companies.