UK GAAP 2019 provides a comprehensive guide to interpreting and implementing UK accounting standards, particularly:* FRS 100: Application of Financial Reporting Requirements* FRS 101: Reduced Disclosure Framework - Disclosure exemptions from EU-adopted IFRS for qualifying entities* FRS 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland* FRS 103: Insurance Contracts* FRS 104: Interim Financial ReportingThis book is an essential tool for anyone applying, auditing, interpreting, regulating, studying or teaching those accounting standards.Written by the financial reporting professionals from the Financial Reporting Group of EY, this book provides a clear explanation of the UK GAAP accounting requirements which apply in 2019 and will prove invaluable in implementing these requirements. It also addresses the requirements of the UK Companies Act and relevant statutory instruments, as well as practical worked examples.Also available is International GAAP(r) 2019 - a three volume comprehensive guide to interpreting International Financial Reporting Standards (IFRS), setting IFRS in a relevant business context and providing insight into how complex practical issues should be resolved in the real world of global financial reporting.

List of chapters1 FRS 100 - Application of financial reporting requirements 12 FRS 101 - Reduced disclosure framework 573 Scope of FRS 102 1114 Concepts and pervasive principles 1475 FRS 102 - Small entities 1676 Presentation of financial statements 2857 Statement of cash flows 4878 Consolidated and separate financial statements 5099 Accounting policies, estimates and errors 58710 Financial instruments 60311 Inventories 72312 Investments in associates 74313 Investments in joint ventures 78114 Investment property 81115 Property, plant and equipment 83916 Intangible assets other than goodwill 88517 Business combinations and good will 91918 Leases 101519 Provisions and contingencies 107520 Revenue 112121 Government grants 116722 Borrowing costs 118123 Share-based payment 120724 Impairment of assets 136525 Employee benefits 141126 Income tax ...... 145527 Foreign currency translation 152128 Hyperinflation 155729 Events after the end of the reporting period 156530 Related party disclosures 157731 Specialised activities 159932 Transition to FRS 102 163733 FRS 103 - Insurance contracts 172734 FRS 104 - Interim financial reporting 1843Index of standards index 1