Technology Transfer
Mark Anderson (Author), Victor Woroner,
Sold by Basi6 International, Irving, TX, U.S.A.
AbeBooks Seller since 24 June 2016
New
Condition: New
Ships within U.S.A.
Quantity: 1 available
Add to basketSold by Basi6 International, Irving, TX, U.S.A.
AbeBooks Seller since 24 June 2016
Condition: New
Quantity: 1 available
Add to basketNew. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service.
Seller Inventory # ABEOCT25-295910
Pension scheme accounts are prepared following the guidance laid out in the Pensions Statement of Recommended Practice (SORP) issued by the Pensions Research Advisory Group (PRAG). A revised version of the SORP was issued in 2018 in line with recent revisions to FRS 102 and other minor regulatory updates. The revised SORP is applicable for periods beginning 1 January 2019, and the new edition of this title reflects these changes.
Starting from the trial balance, the book explains what information is needed to prepare the Financial
Statements and how to go about compiling the Annual Report.
Written in a user friendly style,it provides practical guidance on the requirements introduced by the SORP, providing examples and options on the approach to the requirements, ranging from the minimum disclosures, to additional disclosures that could be considered in relation to the investment risk and investment hierarchy disclosures.
The revised commentary reflects a number of changes to the SORP including:
- The fair value hierarchy disclosure has been amended.
- Clarification that the 5% concentration disclosure includes investment holdings in pooled investment vehicles
- Full comparatives are required for all figures within the financial statements, unless stated otherwise
Disclosures are required where there are significant benefits pending at the year-end
Clarification for the position with regard to the requirements for small schemes. It was felt that differing requirements for small and large schemes would be discriminatory against small scheme members, consequently the SORP does not include any exemptions for small schemes as allowed under FRS 102.
This title is included in Bloomsbury Professional's Pensions Law online service.
Joanne Scriven ACA, Manager at Crowe UK.
Joanne Scriven has over 15 years’ experience in the pensions sector, having been involved in audit for over 10 years. Joanne now prepares accounts for pension schemes and is a member of the pensions funds team at Crowe.
Phil Spary, FCA, Director at Crowe UK.
Phil has over 15 years’ experience of providing pensions assurance and advisory services. Prior to joining Crowe he spent 10 years at The Pensions Regulator working across a number of strategic and operational teams, and took a leading role in developing regulatory policy. He is also a member of the PRAG DC Working Party.
"About this title" may belong to another edition of this title.
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