This Bloomsbury Professional book is an invaluable guide for tax practitioners who wish to gain a better understanding of accounting. The book examines the tax legislation on the use of accounting rules and principles (such as the rules for goodwill and intangibles and loan relationships), the impact of the Companies Act 2006 and recent changes to accounting standards. The authors examine in particular the increased convergence between UK GAAP and international accounting standards.
PART I ACCOUNTING PRINCIPLES AND FINANCIAL STATEMENTS
PART II BASIC ACCOUNTING ISSUES
PART III ADVANCED ACCOUNTING ISSUES
PART IV CONCEPTUAL DEVELOPMENTS