Generally, you would need to be familiar with the International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) when preparing your company accounts. So as to comply with Companies Act requirements.
Ordinarily, shareholders, Companies House and HM Revenue and Customs would expect your company accounts be prepared following the IFRS and IAS.
For that reason, you must also disclose the accounting standards your accounts are prepared accordingly.
List of International Financial Reporting Standards (IFRS)
| IFRS 1 | First-time adoption of International financial reporting standards. |
| IFRS 2 | Share-based payment. |
| IFRS 3 | Business combinations. |
| IFRS 4 | Insurance contracts. |
| IFRS 5 | Non-current assets held for sale and discontinued operations. |
| IFRS 6 | Exploration and production assets tor energy and utilities. |
| IFRS 7 | Financial instruments: disclosures. |
| IFRS 8 | Operating Segments. |
| IFRS 9 | Financial instruments. |
| IFRS 10 | Consolidated financial statements. |
| IFRS 11 | Joint arrangements. |
| IFRS 12 | Disclosure of interests in other entities. |
| IFRS 13 | Fair value measurement. |
| IFRS 14 | Regulatory deferral accounts. |
| IFRS 15 | Revenue from contracts with customers. |
| IFRS 16 | Leases. |
| IFRS 17 | Insurance contracts. |
List of International Accounting Standards (IAS)
| IAS 1 | Presentation of financial statements. |
| IAS 2 | Inventories. |
| IAS 7 | Cash flow statements. |
| IAS 8 | Accounting policies, changes in accounting estimates and errors. |
| IAS 10 | Events after the balance sheet date. |
| IAS 11 | Construction contracts. |
| IAS 12 | Income taxes. |
| IAS 16 | Property, plant and equipment. |
| IAS 17 | Leases. |
| IAS 18 | Revenue. |
| IAS 19 | Employee benefits. |
| IAS 20 | Accounting for government grants and disclosure of government assistance. |
| IAS 21 | The effect of changes In foreign exchange rates. |
| IAS 23 | Borrowing costs. |
| IAS 24 | Related party disclosures. |
| IAS 26 | Accounting and reporting by retirement benefit plans. |
| IAS 27 | Consolidated and separate financial statements. |
| IAS 28 | Investments in associates. |
| IAS 29 | Financial reporting in hyper inflationary economies. |
| IAS 31 | Interests in joint ventures. |
| IAS 32 | Financial instruments: presentation. |
| IAS 33 | Earnings per share. |
| IAS 34 | Interim financial reporting. |
| IAS 36 | Impairment of assets. |
| IAS 37 | Provisions, contingent liabilities and contingent assets. |
| IAS 38 | Intangible assets. |
| IAS 39 | Financial instruments: recognition and measurement. |
| IAS 40 | Investment property. |
| IAS 41 | Agriculture. |
Confirmation Statement
Another important document your company submit to Companies House is the confirmation statement.
