PwC UK Financial Reporting 2012 Pack

This pack provides commentary and worked examples on preparing accounts under UK GAAP or IFRS in the UK. It is an essential purchase for accountants that are responsible for reporting under both standards.

This pack comprises the following 5 volumes. Key updates are listed below.

Manual of accounting: IFRS for the UK 2012

•     Guidance on IASB amendments to IFRS 1 on hyperinflation and fixed dates; to IAS 12 on deferred tax and to IAS 1 on other comprehensive income (OCI)

•       Conceptual Framework 2010

•       Annual Improvements 2010

•       IFRIC agenda decisions

•       New extracts from accounts and examples

•      New chapters on the new standards published in 2011, including those on consolidated financial statements, joint arrangements, fair value measurement and employee benefits

Manual of accounting: UK GAAP 2012

•       UITF 47 (Abstract 17) ‘Extinguishing financial liabilities with equity Instruments

•       Improvements to FRSs

•       ICAEW Tech 02/10 guidance on how to determine realised profits and losses under the Companies Act 2006

•       Updated guidance on the transfer of a business under UK GAAP

•       Updated extracts and examples

UK illustrative financial statements for 2011 year ends

•       Includes an appendix providing illustrative financial statements relating to IFRS 9 and first-time adoption

•       Also includes appendices on:

n   Agricultural assets

n   IFRSs 10 and 11

n   IFRS 13 and

n   Current and forthcoming requirements

Manual of accounting: Financial instruments 2012

•       IFRS 9 - including aspects on liabilities issued in November 2010

•       Consequential amendments of IFRS 9

•       IASB amendment to IFRS 7, ‘Financial instruments: Presentation’, on derecognition

•       Annual improvements 2010

•       IFRIC agenda decisions

•       New extracts from accounts and examples

Manual of accounting: Narrative reporting 2012

•       New chapters on business review and corporate governance

•       Many more illustrations and examples