Contains a brief description and explanation of each standard and guideline, indicates important features of their development, discusses related conceptual issues, highlights practical applications and specifies implications for professional students and their examinations.

Table of Contents

The impact od SSAPs on examinations; using the guide; a change of policy; SSAP 1 - accounting for associated companies; SSAP 2 - disclosure of accounting policies; SSAP 3 - earnings per share; SSAP 4 - the treatment of government grants; SSAP 5 - accounting for value added tax; SSAP 6 - extraordinary items and prior year adjustments; SSAP 8 - the treatment of taxation under the imputation system; SSAP 9 - stocks and work in progress, excluding long-term contracts; SSAP 9 - stocks and works in progress - long-term contracts; SSAP 10 - statements of source and application of funds; SSAP 12 - accounting for depreciation; SSAP 13 - accounting for research and development; SSAP 14 - group accounts; SSAP 15 - accounting for deferred taxation; SSAP 16 - current cost accounting; SSAP 17 - accounting for post balance sheet events; SSAP 18 - accounting for contingencies; SSAP 19 - accounting for investment properties; SSAP 20 - foreign currency translation; SSAP 21 - accounting for leases and hire purchase contracts; SSAP 22 - accounting for goodwill; SSAP 23 - accounting for acquisitions and mergers. Appendices: examples from published accounts; harmonization of international and UK standards.