Michael Morris
Audit & Assurance Partner

t: +44 (0)191 243 6001
e: michaelmorris@unw.co.uk
David Redhead
Audit & Assurance Partner

t: +44 (0)191 243 6003
e: davidredhead@unw.co.uk
MEET THE TEAM

Financial Reporting

Financial reporting within the UK can often be a complicated affair. This reflects the range, and variation, of accounting frameworks and therefore ‘rules’ that can apply depending on factors such as the size, ownership and complexity of a business. It is essential that information included within financial statements is fully compliant and produced in an appropriate format for presentation to stakeholders, investors and creditors to aid the decision-making process.

Depending on the circumstances of the business, options available include the various standards under current UK GAAP; from micro accounts, to reduced or full disclosure under FRS 102 to International Financial Reporting Standards (IFRS).

The financial reporting landscape is evolving, with further changes ahead, so there has perhaps never been a better time to seek our advice, knowledge and expertise.

LATEST NEWS

The key announcements from Rishi Sunak’s Winter Economy Plan

In his announcement to Parliament today (24 September), the Chancellor Rishi Sunak set out details of the Winter Economy Plan,

Expansion of zero-rated VAT for charity digital advertising

HMRC recently published a brief clarifying its policy on VAT and digital advertising services purchased by charities. The brief expands

UNW strengthens Employment Tax expertise with new Senior Manager

In response to continued demand for its specialist tax services, North East accountancy and business advisory firm UNW has added

Updated Tax Rates for 2020/2021

At the Summer Economic Update on 8 July 2020, the Chancellor Rishi Sunak announced changes to Property Taxes affecting purchasers