Accounts and Audit of Limited Liability Partnerships gives comprehensive guidance on how to apply UK GAAP to limited liability partnerships and takes readers through all the requirements for LLP accounting as a result of the implementation of FRS 102 and the revised LLP SORP.
The book includes sets of pro-forma accounts (in particular in relation to the LLP SORP) for both groups and single LLPs and uses practical tips, worked examples and best practice principles throughout to ensure understanding.
Accountants and tax advisers will not only benefit from specialist guidance covering all aspects of an LLP but the book also includes invaluable information on the key company law and taxation issues.
Accounts and Audit of Limited Liability Partnerships has been updated to include:
The new LLP Regulations;
The FRC's Amendments to FRS 105 - Limited Liability Partnerships and Qualifying Partnerships;
The revised LLP SORP to reflect amendments to FRS 105;
Practical examples and best practice tips written from a real-life perspective;
New chapter dedicated to micro-entity LLPs;
Pro forma accounts for both groups and single LLPs.
Steve Collings is Audit & Technical Partner at Leavitt Walmsley Associated Ltd (LWA). In addition to the great work he has done supporting clients and staff working from their offices in Manchester and Warrington over the past 18 years, Steve Collings contributes to a variety of external auditing and accounting platforms and is recognised globally for his technical knowledge.
Steve has become a leading figure in the accountancy and audit profession and is regularly consulted by senior authorities to assist in technical compliance issues, including being asked to become a member of the UK GAAP technical advisory group at the Financial Reporting Council where Steve plays a key role in the maintenance of UK GAAP.
Steve's service to the accounting world has been rewarded with many awards and accreditations including being highly commended as Professional Member of the Year at the AAT Professional Member Awards in 2017, and most recently in 2018, Steve was invited to contribute to the Parliamentary Review at the request of Sir Eric Pickles.
Steve writes for many international accounting blogs and websites, and has authored 24 books to date on accounting and auditing, including his latest book, entitled Practical Guide to UK Accounting and Auditing Standards. He is currently working on updated editions of Financial Reporting for Unlisted Companies in the UK and Republic of Ireland, Small Company Reporting and UK Financial Statements – Presentation and Disclosure, which will be published later in 2018.
Further information on Steve and his published books can be found here: http://www.lwaltd.com/steve-collings/.
