投资性房产:IFRS允许企业自己选择使用历史成本法还是公允价值法;而FRS102则要求必须使用公允价值法。 长期客户合同产生的佣金:IFRS要求资产化并逐期摊销;而FRS102则规定在佣金产生的期间确认。 财务披露:IFRS不可以有exemptions;而FRS102允许一些小公司选择性不披露一些财务信息,比如segments的revenue information或高层管理...
不选IFRS？英国的非上市企业可以自由的选择IFRS或者UK GAAP，那肯定是使用专门为小企业准备的FRS102更加...
ACCA IFRS 15 vs. FRS 102 Although both IFRS 15 and Financial Reporting Standard (FRS) 102 provide frameworks for revenue recognition, IFRS 15 is more comprehensive, detailed, and suitable for complex arrangements. FRS 102 is simpler, less prescriptive, and more appropriate for smaller entities wit...
Below we’ll be exploring the important differences in detail to help you make an informed decision. UK GAAP vs IFRS accounting standards Leases Under IFRS, all leases must be classed as assets and liabilities if the length of the lease is more than 12 months. Under FRS 102, however, a ...
This publication provides a high level overview of the significant differences between current UK GAAP, new UK GAAP (FRS 102) and EU-adopted IFRS. It focuses on a selection of those differences most commonly found in practice. When applying the individual accounting frameworks, companies should con...
不选IFRS？英国的非上市企业可以自由的选择IFRS或者UK GAAP，那肯定是使用专门为小企业准备的FRS102更加...
ACCA IFRS 15 vs. ASC 606 Both IFRS 15 andAccounting Standards Codification (ASC) 606create a consistent global framework for revenue recognition that applies across industries. But while they share the same core principles and structure, there are some key differences in guidance, terminology, and...
ACCA IFRS 15 vs. ASC 606 Both IFRS 15 andAccounting Standards Codification (ASC) 606create a consistent global framework for revenue recognition that applies across industries. But although they share the same core principles and structure, there are some key differences in guidance, terminology, an...
ACCA IFRS 15 vs. ASC 606 Both IFRS 15 andAccounting Standards Codification (ASC) 606create a consistent global framework for revenue recognition that applies across industries. But while they share the same core principles and structure, there are some key differences in guidance, terminology, and...
ACCA IFRS 15 vs. ASC 606 Both IFRS 15 andAccounting Standards Codification (ASC) 606create a consistent global framework for revenue recognition that applies across industries. But although they share the same core principles and structure, there are some key differences in guidance, terminology, an...