Accounting Standards are the guidelines and standards for financial reporting. A company's financial statements can be prepared using Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). All UK listed companies have been required to prepare their accounts using IFRS for financial years starting on or after 1 January 2005 and public organisations are also obliged to apply IFRS.
All you need to know on accounting due diligence and compliance
Find out the proven paths to grow from successful businesses
Say no to risky relationships, keep your business protected
Get greater insight to make quick and informed business decisions
©2021 Experian Information Solutions, Inc. All rights reserved.
Experian Ltd is authorised and regulated by the Financial Conduct Authority (firm reference number 738097). Experian Ltd is registered in England and Wales (no. 00653331). Registered office: The Sir John Peace Building, Experian Way, NG2 Business Park, Nottingham NG80 1ZZ.