Big changes to abbreviated accounts coming

Accountants will have heard by now that the Companies Act 2006 has been revised for small and micro-entities as a result of the transposition of the EU Accounting Directive into UK legislation. This will have quite a significant effect on the way that small companies prepare their annual reports and the revised Companies Act 2006 comes into mandatory effect for accounting periods commencing on or after 1 January 2016.

http://www.accountingweb.co.uk/article/small-company-filing-requirements-changes-2016/592991