BIM31029 - Tax and accountancy: GAAP

The following paragraphs contain some brief discussions of some aspects of GAAP. Other material on accounting standards appears in this manual within the relevant topics. The material in the BIM is not intended to provide guidance on how accounting standards apply to particular cases, but simply point to standards which may be relevant.

All guidance provided is based on FRS 102.

References to the relevant sections of FRS 105, IAS and old UK GAAP are given, but the requirements of these standards are only described where they differ significantly from FRS 102.

Please contact an HMRC Advisory Accountant in the event of any queries.

BIM31030	Tax and accountancy: concepts and pervasive principles
BIM31035	Tax and accountancy: relevance of audit
BIM31040	Tax and accountancy: events after the end of the reporting period
BIM31045	Tax and accountancy: materiality: an accountancy concept
BIM31047	Tax and accountancy: materiality: relevance for tax
BIM31050	Tax and accountancy: Substance over form
BIM31055	Tax and accountancy: Substance over form: taxation implications
BIM31060	Tax and accountancy: Property, plant and equipment
BIM31065	Tax and accountancy: FRS15: renewals accounting