The New UK GAAP : FRS102
The Financial Reporting Council have replaced the current UK GAAP with FRS 102 – The Financial Reporting standard applicable in the United Kingdom and Ireland.
FRS 102, which is based on the International Reporting Standards for small and medium entities, is a comprehensive accounting standard that will replace all existing UK standards for all medium and large companies. It may also be adopted by small entities.
FRS 102 varies in a number of ways from the existing standards and therefore its introduction will have reporting and tax implications for many businesses. The key differences between the current UK GAAP and FRS 102 and the subsequent impact is outlined in our summary Download Document
“Since 2008, DTE Business Advisers have provided a range of accounting services to Eneco UK. Taking it from its early…Read More Read More
Aart Groenendijk - Eneco Wind UK LtdVIEW ALL TESTIMONIALS
Manager Finance & Control
Eneco Wind UK Ltd
"Since 2008, DTE Business Advisers have provided a range of accounting services to Eneco UK. Taking it from its early days as a start-up to an over 300m GBP business with 5 Windfarms, a Solar project and complex B2B and B2C trading propositions. As the business has grown, the services DTE have provided, have adjusted to our needs. Importantly it also worked with the reorganisation of the management of the UK Company, where Richard Bell has been a constant linking pin with the organisation and proved himself valuable and adaptable. The association has been invaluable and given confidence to the Dutch parent."