• Intangible Fixed Assets Current Year 
• Intangible Fixed Assets Comparative Year
• Tangible Assets Current Year
• Tangible Assets Comparative Year
• Investment Property Current Year
• Investment Property Comparative Year
• Financial Fixed Assets Current Year
• Financial Fixed Assets Comparative Year

• HP and finance leases opening balance
• Investment income
• HP and finance leases
• Payables/Creditors > 1 year
• Deferred income
• Reserves

A change has been implemented for all jurisdictions that have changed the Accounting Error Analysis Report to the Accounting and Disclosure Error Analysis Report. It can be viewed under the Produce Accounts section.

Accounting Error Analysis Report under Produce Accounts has changed to Accounting and Disclosure Error Analysis Report.

As of the recent constitutional amendment, the State's official English-language name has been changed from Republic of Ireland to Ireland, which will be reflected in tax notes while accounts is produced.

• Under Profit and Loss > Turnover, select 1st Geographic Market (ROI) as Ireland.

ICAI and CAI sections of the Accountant's Report will display International Standard on Related Services 4410 (Revised) references.

Prerequisite:

Audit exempt company? must be checked under Client Details > Key Information.

• Under Auditors/Accountants, select the Institute of Chartered Accountants in Ireland from the Name of Professional Body drop-down list.

or,

• Under Auditors/Accountants, select Chartered Accountants Ireland from the Name of Professional Body drop-down list.
• Under Disclosure, select Show ISRS 4410(Revised) technical Statement reference in the Accountant's Report?

An Accounting Error Analysis Report is introduced to assist you in addressing format errors encountered during the preparation of accounts.

Produce Accounts

• Once you Produce Accounts, the Accounting Error Analysis Report will be visible in the Produce Accounts section. 

For FRS105

A new option is introduced to show the Adjusted Profit Computation separately under Produce Accounts.

Other Information

• Under Add Backs, select Show Adjusted Profit Computations under Produce Accounts?

ICAI and CPA sections of the Accountant's Report is rephrased as per the introduction of the ISRS 4410 references.

Prerequisite:

Audit exempt company? must be checked under Client Details > Key Information.

Client Details

Auditors/
Accountants

• Select the Institute of Certified Public Accountants in Ireland from the Name of Professional Body drop-down list.

or,

• Select the Institute of Chartered Accountants Ireland from the Name of Professional Body drop-down list.

iXBRL Submission in new Taxonomy

BrightAccountsProduction has adopted FRC 2023 taxonomies (version 1.4) for HMRC, Companies House, and Revenue, effective from January 1, 2023, for iXBRL submissions. For periods between January 1, 2019, and January 1, 2023, use version 1.3 with the FRS 102 Irish Extension 2019. Please take a look at the compliance release notes for more details.

For Group company, the term "the company" is now replaced with the term "the group".

Produce Accounts

For Group company, the term "the company" is now replaced with the term "the group" under the Financial Results and Results and Dividends headings.

To disclose zero value figures in the layout of the Balance Sheet for FRS102 and FRS105

Legislation, Compliance and Disclosure

For FRS102:

• Select Disclosure zero value figures in Balance Sheet?

For FRS105:

• Under Accounting Options, select either Produce FRS 105 accounts in accordance with the provisions of Schedule 3A per section 291? or Produce FRS 105 accounts in accordance with the provisions of Schedule 3 per section 291?

• Under Disclosure, select Disclose zero value figures in Balance Sheet?

• Select Show Notes to the Management Accounts instead of Notes to the Financial Statements