SBRUK

Syllabus C10. Reporting Requirements Of Small Entities 24 / 26

a) Discuss the financial reporting requirements for UK and Republic of Ireland entities (UK GAAP) and their interaction with the Companies Act requirements
b) Discuss the reasons why an entity might choose to adopt UK GAAP
c) Discuss the scope and basis of preparation of financial statements under UK GAAP
d) Discuss the concepts and pervasive principles set out in UK GAAP
e) Discuss and apply the principal differences between UK GAAP and IFRS Standards
Reporting Requirements Of Small Entities