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BLM00020 - Business Leasing Manual - HMRC internal manual


BLM00020 - Introduction: Leasing: Introduction to accounting standards
You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals.
The guidance that follows is not intended to give comprehensive coverage of all aspects of lease accounting.  The guidance aims to give an overview to allow an understanding of commonly found features in lessors’ and lessees’ accounts.  You should initially refer any specific accounting issues not covered in the guidance to your advisory accountant.
There are two acceptable accounting conventions in the UK: UK GAAP and International Financial Reporting Standards (IFRS).  For tax purposes, both these standards form part of what is referred to as generally accepted accounting practice (‘GAAP’ – as distinct from ‘UK GAAP’).  ....

United Kingdom , Republic Of Ireland , Urgent Issues Task Force Uitfs , United Kingdom Financial Reporting Council , International Financial Reporting Standards , International Accounting Standard , Financial Reporting Council , Financial Reporting Requirements , Disclosure Framework , Financial Reporting Standard , Financial Reporting , Micro Entities Regime , Financial Reporting Standards , Standard Accounting Practice , Accounting Standards Board , Urgent Issues Task Force , ஒன்றுபட்டது கிஂக்டம் , குடியரசு ஆஃப் ஐயர்ல்யாஂட் , ஒன்றுபட்டது கிஂக்டம் நிதி புகாரளித்தல் சபை , சர்வதேச நிதி புகாரளித்தல் தரநிலைகள் , சர்வதேச கணக்குவைப்பு முறை தரநிலை , நிதி புகாரளித்தல் சபை , நிதி புகாரளித்தல் தேவைகள் , வெளிப்படுத்தல் கட்டமைப்பு , நிதி புகாரளித்தல் தரநிலை , நிதி புகாரளித்தல் ,