Tag
goodwill amortisation
FRS 102 Consolidation: A Practical Guide for UK Multi-Entity Groups
August 27, 2026
The holding company had been incorporated two years earlier to sit above three trading subsidiaries, and the group’s accountants had…
Goodwill Impairment Under US GAAP: How ASC 350 Works and What It Means for Multi-Entity Groups
August 23, 2026
Goodwill impairment testing under US GAAP is governed by ASC 350-20 — a framework that differs from the IFRS approach…
How to Consolidate a US GAAP Subsidiary into a UK GAAP (FRS 102) Parent: Four Conversion Journals and USD to GBP Translation
August 15, 2026
For UK FRS 102 groups that have acquired US businesses, the consolidation adjustment list is longer than for any other…
IFRS vs UK GAAP: Key Differences in Financial Reporting
May 19, 2026
Since the UK’s departure from the EU and the decision not to adopt new IFRS standards automatically, the gap between…