Wildy logo
(020) 7242 5778

Wildy’s Book News

Book News cover photo

Vol 21 No 12 Dec 16/Jan 17

Book of the Month

Cover of The UK Supreme Court Yearbook Volume 7: 2016

The UK Supreme Court Yearbook Volume 7: 2016

Edited by: Daniel Clarry, Christopher Sargeant
Price: £90.00

Pupillage & Student Offers

Special Discounts for Pupils, Newly Called & Students

Read More ...

Secondhand & Out of Print

Browse Secondhand Online


UK Illustrative Financial Statements: IFRS and UK GAAP (FRS 101) Example Accounts for 2014 Year Ends

ISBN13: 9781780438061
New Edition ISBN: 9781784515478
Previous Edition ISBN: 9781780432571
Published: January 2015
Publisher: Bloomsbury Professional
Country of Publication: UK
Format: Paperback
Price: Out of print

UK Illustrative Financial Statements for 2014 year ends provides examples of sets of accounts for the year ended 31 December 2014. Illustrating the required disclosure and presentation for UK groups and UK companies, these model accounts will help you prepare your financial statements whether you report under International Financial Reporting Standards (IFRS) or UK GAAP.

UK Illustrative Financial Statements for 2014 year ends comprises of:

  • IFRS GAAP Plc - consolidated financial statements for a fictional listed group reporting under IFRS;
  • GAAP UK Group Limited - consolidated financial statements for a fictional unlisted UK company;
  • UK GAAP Limited - single-entry financial statements for a fictional unlisted UK company.
This publication provides three example sets of financial statements for the year ended 31 December 2014.

1. General information
2. Summary of significant accounting policies
3. Financial risk management
4. Critical accounting estimates and judgements
5. Segment information
6. Exceptional items
7. Other income
8. Other (losses)/gains – net
9. Expenses
10. Employees
11. Finance income and costs
12. Investments
13. Income tax expense
14. Earnings per share
15. Net foreign exchange gains/(losses)
16. Property, plant and equipment
17. Intangible assets
18. Financial instruments
19. Available-for-sale financial assets
20. Derivative financial instruments
21. Trade and other receivables
22. Inventories
23. Financial assets at fair value through profit or loss
24. Cash and cash equivalents
25. Non-current assets held for sale and discontinued operations
26. Share capital and premium
27. Share-based payments
28. Retained earnings
29. Other reserves
30. Trade and other payables
31. Borrowings
32. Deferred income tax
33. Post-employment benefits
34. Dividends per share
35. Provisions for other liabilities and charges
36. Cash generated from operations
37. Contingencies
38. Commitments
39. Business combinations
40. Transactions with non-controlling interests
41. Related parties
42. Events after the reporting period
43. Changes in accounting policies

Appendix I – Alternative presentation
Consolidated statement of cash flows – direct method
Consolidated statement of comprehensive income – single statement, showing expenses by function
Appendix II – Areas not illustrated in financial statements of IFRS GAAP plc
1. Biological assets
2. Construction contracts
3. Oil and gas exploration assets
4. Leases: accounting by lessor
5. Government grants
6. Revenue recognition: multiple-element arrangements
7. Customer loyalty programmes
8. Put option arrangements
9. Foreign currency translations
10. Share-based payments – modification and cancellation
Appendix III – New standards and amendments
Appendix IV – IFRS 9, 'Financial instruments'