Advising you on what to expect and helping you to manage and mitigate your compliance risk by ensuring reporting deadlines are met...
International legislative frameworks vary immensely and expanding businesses face very different financial reporting requirements overseas to those they encounter at home.
We advise you on what to expect and help you manage and mitigate your compliance risk by ensuring reporting deadlines are met.
Our expertise covers company legislation in the UK and Ireland, international auditing standards, UK and Irish GAAP, FRS102, IFRS, US GAAP and in the case of International Groups, the compliance requirements of your parent company, particularly SOX issues.
We provide you with a range of assurance services including Voluntary and Statutory Audits, Non-statutory Audits including Compilation Reports, Financial Reporting advice and advice under UK and IFRS GAAPs. We will also guide you clearly and concisely through the relevant reporting legislation.
We maintain open communication channels so that you are informed and involved every step of the way, allowing you to focus on the present as well as plan for the future.
If you are a ‘small company’ (as defined under UK Company Law) operating in the UK, you will be required to adopt the new accounting standard FRS 102 1A for periods commencing on or after 1 January 2016.
From 1 January 2015, a complete overhaul of UK accounting standards changed how and when companies account for certain assets and liabilities - with potential implications on both profitability and net assets.
Many small private limited companies in the UK don’t need an audit of their annual accounts (unless the company’s articles of association say it must or enough shareholders ask for one) but it is important to have this confirmed by an independent accountant – particularly if the UK entity is part of a wider group.
From 2013 onwards, the UK has been undergoing the biggest
overhaul of accounting principles since the Companies Act 2006
was introduced. The aim is to reduce the burden of mandatory
disclosure requirements placed upon small companies.
London, UK, May 2018 - Fitzgerald & Law’s London Calling newsletter was shortlisted for Best Content Marketing Campaign Award at the British Accounting Marketing Awards 2018.
F&L is delighted to announce the appointment of Keeley Stock as Partner.
F&L is delighted to announce the appointment of Louise Morriss as Managing Director of new F&L entity, F&L Corporate Reporting Services (F&L CRS).