Michael Morris
Audit & Assurance Partner

t: +44 (0)191 243 6001
e: michaelmorris@unw.co.uk
David Redhead
Audit & Assurance Partner

t: +44 (0)191 243 6003
e: davidredhead@unw.co.uk
MEET THE TEAM

Financial Reporting

Financial reporting within the UK can often be a complicated affair. This reflects the range, and variation, of accounting frameworks and therefore ‘rules’ that can apply depending on factors such as the size, ownership and complexity of a business. It is essential that information included within financial statements is fully compliant and produced in an appropriate format for presentation to stakeholders, investors and creditors to aid the decision-making process.

Depending on the circumstances of the business, options available include the various standards under current UK GAAP; from micro accounts, to reduced or full disclosure under FRS 102 to International Financial Reporting Standards (IFRS).

The financial reporting landscape is evolving, with further changes ahead, so there has perhaps never been a better time to seek our advice, knowledge and expertise.

LATEST NEWS

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HMRC announces one month extension to Self Assessment tax return deadline

Due to the ongoing issues relating to the coronavirus pandemic and its impact, HMRC has announced that it will waive

HMRC announces review into policy on claiming VAT when charging electric vehicles for business purposes

At the end of May 2021, HMRC issued its Revenue and Customs Brief 7 detailing the policy pertaining to reclaiming

Additional COVID-19 economic support package announced

The government has announced today (21 December 2021) additional economic support to help businesses who have been most impacted by