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Choosing your GAAP
Plotting your course through the new Irish reporting regime
ocket guide summarising FRS102 and key differences compared to existing Irish GAAP and EU adopted IFRS.
The biggest change in accounting and reporting of our generation!
For the majority of Irish entities, this is undoubtedly the case. A long time coming, but worth the wait as it will bring greater cohesiveness and clarity to financial reporting by Irish entities.
Forward planning is vital for a successful transition. This guide provides a route map through the practical issues of who can and should do what, and when. Full implementation is not required until 2015 and that may sound a long way off, but an opening balance sheet will be required from 2014.
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