IFRS
Last update:CCH Accounts Production
IFRS Master Pack User Guide
This document is a user guide for the IFRS Limited master pack (version 47), detailing its functionality for generating IFRS financial statements compliant with UK and EU regulations. It specifies exclusions for certain entities, such as banks and insurance companies. Users are advised to refer to the FRS 102 guide for structural similarities and significant differences. The guide also discusses the FRS 101 reduced disclosure framework, small company exemptions, and key accounting policies related to IFRS 15 and IFRS 16. Additional sections address the nominal ledger, statutory database compatibility, and deferred tax disclosures.
CCH Accounts Production
IFRS Groups Master Pack User Guide
This user guide details the functionalities and processes for the IFRS Group master pack (version 21) of CCH Accounts Production. It outlines features for consolidating IFRS and FRS 101 entities into compliant group accounts and highlights prerequisites such as uniform year-end dates and master pack versions. The guide describes setting up the group structure, linking parent and subsidiary entities, and ensuring data accuracy in financial statements. Notably, it addresses group adjustments, presentation formats, and limitations regarding foreign currency translation and joint ventures, ensuring users can effectively manage consolidation processes.