This release includes

• FRC 2023 Taxonomy for Company iXBRL
• Letter of Engagement and Letter of Representation for LLP’s
• a new Adjusted Profit Computation for FRS 105 Companies
• a new Sets of Accounts report
• the addition of a 4th currency, AUS Dollar, in Share Capital Currencies
• three additional/optional columns on the General Ledger Activity Report for Charity entries; Fund Code, Activity Code and Cost Code
• other Compliance Updates

FRC 2023 TAXONOMY FOR COMPANY IXBRL

We have Implemented FRC 2023 Taxonomy for Company iXBRL. For more details click here.

LETTER OF ENGAGEMENT AND LETTER OF REPRESENTATION FOR LLP’s

We have introduced in the Documentation Pack for LLP’s, a Letter of Engagement and a Letter of Representation. For more details click here.

ADJUSTED PROFIT COMPUTATION FOR COMPANIES UNDER FRS 105

We have introduced an Adjusted Profit Computation for Companies under FRS 105 in Produce Accounts. For more details click here.

REPORTS – SETS OF ACCOUNT

We have introduced a new report, Sets of Accounts in Reports, Client Reports. For more details click here.

COMPLIANCE DATABASE – SHARE CAPITAL CURRENCIES – NEW AUSTRALIAN DOLLAR CURRENCY

We have introduced a new currency, Australian Dollar (AUS) in the Compliance Database, Share Capital Currencies. For more details click here.

GENERAL LEDGER ACTIVITY REPORT – 3 ADDITIONAL COLUMNS FOR CHARITIES

We have introduced three additional columns; Fund Code, Activity Code and Cost Code, to the General Ledger Activity Report for Charity entities. For more details click here.

COMPLIANCE UPDATES

For details on the compliance changes made in this release, click here.