New Technical Release: Companies Act 2014 – Small and micro companies

Aug 29, 2018

The Companies (Accounting) Act 2017 (‘CA 2017’) made a range of amendments to the accounting and filing requirements of the Companies Act 2014.  This Technical Release (‘TR’) is intended as a signpost to assist with the preparation of statutory financial statements of small and micro companies. CA 2017 has reduced the number of disclosure requirements for small and micro companies compared with larger companies. The TR discusses these disclosures and also highlights some key aspects of the revised legal requirements regarding directors’ reports and abridged financial statements applying to small and micro companies. 

TR 04/2018: Companies Act 2014 – Small and micro companies is available here.