FRS 102
Financial Consolidation for Property Groups: SPVs, Intercompany Loans, and Investment Property
David had built his property portfolio steadily over twelve years. What started as a single residential block held in a…
Currency Translation Under IAS 21, ASC 830 and FRS 102: What Changes Across Standards
The group had three subsidiaries in three countries, each reporting under a different accounting standard. The UK holding company reported…
SFRS vs UK GAAP: Key Differences in Financial Reporting
Singapore and the United Kingdom have long-established commercial ties, and it is common to find groups where a UK holding…
Goodwill in Group Consolidation: How to Calculate and Account for It in Your Group Accounts
When a group’s holding company acquires a controlling interest in another business, a new figure tends to appear on the…
Multi-Entity Accounting Software: Getting CTA Right at Consolidation
Ask any group financial controller which part of the consolidated close they trust least, and the answer is usually the…
IFRS vs UK GAAP: Key Differences in Financial Reporting
Since the UK’s departure from the EU and the decision not to adopt new IFRS standards automatically, the gap between…
UK GAAP vs. US GAAP: Key Differences in Financial Reporting
When operating across the UK and the US, finance teams face a challenge that goes beyond currency conversions — they…