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HMRC Regulated

Company Number 11679134

Business Support

© 2017 Attilio Accounting

NEWS & UPDATES

April 8, 2018

IAS 16 GAAP

Changes to accounting rules is coming in effect transforming how entities account for leases, the changes mean all publicly traded companies worldwide will have to report their leases as an assets and liabilities on their balance sheets coming in effect from the 1 of January 2019.  Until now only the financial lease have been carrying on the ba...

November 17, 2017

Many Directors of limited companies or partnership frequently asking the question of borrowing funds from their entity.  As result this makes their Director loan account as debit balance meaning Directors owns the entity the funds.

What this means?  this has consequences when funds need to be distributed within the entity and affect the dividends declarati...

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