To make the right accounting choices now you need to have a solid grasp of your options. Our briefing on the future of UK GAAP succinctly outlines the current proposals the UK Accounting Standards Board (ASB) have to replace UK GAAP with 'Financial Reporting Standards for Medium Sized Entities' (FRSME).
We lay out some of the key differences clearly so you can quickly get a good understanding of what you need to plan for and keep tabs on to effectively manage the impact on your organisation.
The briefing was delivered to industry professionals in Guernsey and Jersey in October.
Whether or not you attended the briefing, if you would like support with understanding and communicating the big picture and the implications for your organisation to your colleagues, please contact us. We can discuss the most effective way for you to use our material and how else we may be able to support you with this issue.