Baker Tilly Blog

Changes in Lease Accounting

[fa icon="calendar'] 03 February 2017 09:00:00 BNT / by Susan Foong posted in Assurance, Lease Accounting

[fa icon="comment"] 0 Comments


Leasing is one way for companies to utilise buildings or equipment without owning them. There are many advantages to a finance or operating lease; among them capital outlay, cash flow, and flexibility. Under the current accounting standard on leases (FRS 17), operating leases are “off-balance sheet” and not reported as liabilities on the balance sheet. 

Read More [fa icon="long-arrow-right"]

Enhancement in Auditors' Reporting (Part II)

[fa icon="calendar'] 16 December 2016 09:15:00 BNT / by Susan Foong posted in Assurance

[fa icon="comment"] 0 Comments

 


AUDITOR'S REPORT ON OI - ARE CHARITIES AFFECTED?

In Part I of 'Enhancements in Auditors' Reporting', Baker Tilly TFW Assurance Partner Susan Foong provided an overview of the new auditor reporting standards and how they will affect public and private companies in 2017. In this blog post, we take a closer look at the impact of OI on charities.

Read More [fa icon="long-arrow-right"]

Enhancements in Auditors' Reporting (Part I)

[fa icon="calendar'] 09 December 2016 09:15:00 BNT / by Susan Foong posted in Assurance

[fa icon="comment"] 0 Comments


In the past, the auditor's opinion on financial statements had been either that the financial statements gave a true and fair view of financial position and financial performance with regard to applicable accounting standards, or not. 

Read More [fa icon="long-arrow-right"]

Subscribe to Email Updates

Recent Posts