Tag Archives: Companies (Accounting) Act2017

Accounting Changes Bring Tricky Consequences

The new Companies (Accounting) Act, 2017 came into effect from 9 June 2017. It has brought with it, some strange consequences for micro-companies, in particular. The Act brings into law a new accounting standard for measurement and presentation called FRS 105. This essentially new accounting framework, among other things, will mean that certain qualifying ‘micro’ companies will not… Read More