Consolidating foreign subsidiaries
Model accounts and disclosure checklists for new UK GAAP The ICAEW Library can provide model accounts and disclosure checklists for FRS 101, FRS 102, FRS 102 Section 1A, FRS 103 and FRS 105.
The examples and checklists cover a broad range of entities, including small companies, charities, groups, LLPs and micro-companies.
The library provides access to a range of articles in full text from leading business, finance and management journals.
This article examines the potential pitfalls, sets out recommended accounting treatment and provides practical examples of application of the new rules under new UK GAAP.
You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists.
Issues relating to subsidiaries were dealt with in FRS 2 and FRS 8 under old UK GAAP. FRS 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland As issued by the Financial Reporting Council (FRC) in September 2015.
This updated edition incorporates amendments issued in September 2014, February 2015, March 2015 and July 2015.