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IFRS vs UK GAAP

Menzies

Menzies LLP - A leading chartered accountancy firm. Which accounting standard should you use? When preparing a set of financial statements in the UK there is a choice of accounting standard to apply in order to comply with UK Companies Act 2006. Property, plant and equipment.

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Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22

Going Concern

KPMG has been blocked from winning new audit contracts in Abu Dhabi after regulators removed the Big Four firm from the list of accountants authorised to sign off companies’ financial statements. Teaching Accounting Students an Alphabet Soup of Technology [ The CPA Journal ]. Law & Order.

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The challenge of IFRS compliance

Menzies

Menzies LLP - A leading chartered accountancy firm. Failure to apply IFRS 15 properly could lead to a material misstatement of revenue and profit in a business’ financial statements. Blog How will the new accounting standards impact construction companies? read more What is IFRS 16?

audit 10
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Raising Your Risk Management Profile to Protect Your Assets

Cherry Bekaert

Third-party firms working with businesses can align with, enhance and protect the business’ reputation. There are specific third-party financial risks that are evaluated in a leading practice TPRM analysis. It relies on having solid financial reports on a company and the third parties with which it does business.