FRS102 Disclosures
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sharonL
Registered Posts: 2
Hi All
I am in the process of preparing my first set of FRS102 accounts and I am struggling with the disclosure of the finance leases. I know that I have to start using the effective interest rate, to calculate the interest and for the disclosure going forward. Will I need to restate the previous years figures and also the figures at the date of transition.
I am in the process of preparing my first set of FRS102 accounts and I am struggling with the disclosure of the finance leases. I know that I have to start using the effective interest rate, to calculate the interest and for the disclosure going forward. Will I need to restate the previous years figures and also the figures at the date of transition.
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