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A Practical Guide to UK Accounting and Auditing Standards

Authors: Steve Collings FMAAT FCCA and Julia Penny

Publication Date: 2021

Publisher: Bloomsbury Professional

Law As Stated At: November 2020

A Practical Guide to UK Accounting and Auditing Standards

A Practical Guide to UK Accounting and Auditing Standards

Unlike any other content in the market, this book aims to be a practical one-stop-shop which takes the theory contained in the accounting and auditing standards and shows how to put it into practice with the help of examples, case studies and real-life excerpts from financial statements.

Its aim is not only to inform practitioners what the new standards say, but to interpret the meaning, and show the impact of these differences on a balance sheet.

This product is also a useful companion to UK Financial Statements: Presentation and Disclosure Requirements (also authored by Steve Collings); whilst UK Financial Statements focuses on how disclosures should look, this content focuses on recognition, measurement and auditing. Whilst both books are practical in nature, A Practical Guide to UK Accounting and Auditing Standards is structured like a workbook with an emphasis on how credits and debits are reflected on balance sheets.

Steve Collings FCCA

Steve Collings FCCA is a director at Leavitt Walmsley Associates, Chartered Certified Accountants based in Sale, Cheshire where he trained and qualified. Steve is the author of several titles for Bloomsbury Professional including Group Accounts under UK GAAP, Financial Reporting for Unlisted Companies in the UK and Republic of Ireland and Financial Statements: Presentation and Disclosure Requirements. Steve has close connections with various professional bodies producing authoritative material, articles and courses and represents the Association of Accounting Technicians on the CCAB and Technical Partners Committee at the Financial Reporting Council.

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