
Accounts and Audit of Limited Liability Partnerships
Steve Collings(Author)
Bloomsbury Professional (Publisher)
5th Edition
Published on 24. February 2017
Book
Paperback/Softback
408 pages
978-1-78451-752-6 (ISBN)
Description
Accounts and Audit of Limited Liability Partnerships gives comprehensive guidance on how to apply UK GAAP to limited liability partnerships and takes readers through all the requirements for LLP accounting as a result of the implementation of FRS 102 and the revised LLP SORP.
The book includes sets of pro-forma accounts (in particular in relation to the LLP SORP) for both groups and single LLPs and uses practical tips, worked examples and best practice principles throughout to ensure understanding.
Accountants and tax advisers will not only benefit from specialist guidance covering all aspects of an LLP but the book also includes invaluable information on the key company law and taxation issues.
Accounts and Audit of Limited Liability Partnerships has been updated to include:
The new LLP Regulations;
The FRC's Amendments to FRS 105 - Limited Liability Partnerships and Qualifying Partnerships;
The revised LLP SORP to reflect amendments to FRS 105;
Practical examples and best practice tips written from a real-life perspective;
New chapter dedicated to micro-entity LLPs;
Pro forma accounts for both groups and single LLPs.
The book includes sets of pro-forma accounts (in particular in relation to the LLP SORP) for both groups and single LLPs and uses practical tips, worked examples and best practice principles throughout to ensure understanding.
Accountants and tax advisers will not only benefit from specialist guidance covering all aspects of an LLP but the book also includes invaluable information on the key company law and taxation issues.
Accounts and Audit of Limited Liability Partnerships has been updated to include:
The new LLP Regulations;
The FRC's Amendments to FRS 105 - Limited Liability Partnerships and Qualifying Partnerships;
The revised LLP SORP to reflect amendments to FRS 105;
Practical examples and best practice tips written from a real-life perspective;
New chapter dedicated to micro-entity LLPs;
Pro forma accounts for both groups and single LLPs.
More details
Edition
5th edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Bloomsbury Publishing PLC
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
Weight
634 gr
ISBN-13
978-1-78451-752-6 (9781784517526)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Steve Collings is the audit and technical partner at Leavitt Walmsley Associates.
Content
1. The law and practice of limited liability partnerships
2. General accounting requirements and the LLP SORP
3. The LLP and auditor relationship
4. The audit and UK auditing standards
5. Accounting for members' interests and remuneration - principles
6. Accounting for members' interests and remuneration - practical considerations
7. Revenue recognition and work in progress
8. Taxation
9. Other accounting standards
10. Going concern
11. Consolidated financial statements
12. Business combinations
13. The transition from partnership to LLP
14. Micro-entities
Appendices
1 LLP pro forma fi nancial statements - group
2 LLP pro forma fi nancial statements - single LLP
2. General accounting requirements and the LLP SORP
3. The LLP and auditor relationship
4. The audit and UK auditing standards
5. Accounting for members' interests and remuneration - principles
6. Accounting for members' interests and remuneration - practical considerations
7. Revenue recognition and work in progress
8. Taxation
9. Other accounting standards
10. Going concern
11. Consolidated financial statements
12. Business combinations
13. The transition from partnership to LLP
14. Micro-entities
Appendices
1 LLP pro forma fi nancial statements - group
2 LLP pro forma fi nancial statements - single LLP