2 February 2024 | ||||
Compliance Database | ||||
No | Summary | Area | Section | Subsection, Select |
SC24001 |
The term "Expenditure" is now replaced with "Amortization" in produced accounts |
Disclosure, Dates and Signing | Presentation | Select the Show amortization instead of expenditure in Contributions towards Fixed Asset note? |
Other Financial Presentation Updates | ||||
No | Summary | Area | Section | Details |
|
Introduction of two new Fixed Asset Nominal Codes in Balance Sheet | Produce Accounts | Balance Sheet | As per the FSSU guidelines and Section 15(3) of the Education Act, two new Fixed Asset Nominal Codes 1406 and 1416 are introduced for the removal of Land and Buildings from the Balance Sheet of the produced accounts. |