SEISS and Strategic Report: Difference between pages

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imported>Doug Williamson
(Update.)
 
imported>Doug Williamson
m (Added another link and sentence to explain the purpose of the report)
 
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''COVID-19 - business continuity - UK.''
''Financial reporting''


The former Self-Employment Income Support Scheme relating to COVID-19 that closed in September 2021.
All companies, that are not small, are required by the Companies Act 2006 to prepare a Strategic Report containing a fair and balanced analysis of:
 
a) the development and performance of the company’s business during the financial year;
 
b) the position of the company at the end of the year; and,
 
c) a description of the principal risks and uncertainties facing the company.
 
The purpose of the Strategic Report is to inform members of the company and help them assess how the directors have performed their duty.
 
 
The Strategic Report replaces the Operating and Financial Review/Business review section of the Annual Report. It is in addition to the Directors' report.




==See also==
==See also==
*[[COVID-19]]
* [[Annual report]]
*[[Self-Employment Income Support Scheme]]
*[[Directors report]]
 


==Resources for COVID-19==
[https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]


[https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses]
==Other links==
*[https://www.frc.org.uk/Our-Work/Publications/Accounting-and-Reporting-Policy/FRC-Staff-Guidance-Note-Strategic-Report-Regulatio.aspx, Staff Guidance Note: The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 – Key Facts]


[[Category:Accounting,_tax_and_regulation]]
*[http://www.legislation.gov.uk/ukdsi/2013/9780111540169/part/2, The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013]
[[Category:The_business_context]]

Revision as of 09:46, 4 April 2014

Financial reporting

All companies, that are not small, are required by the Companies Act 2006 to prepare a Strategic Report containing a fair and balanced analysis of:

a) the development and performance of the company’s business during the financial year;

b) the position of the company at the end of the year; and,

c) a description of the principal risks and uncertainties facing the company.

The purpose of the Strategic Report is to inform members of the company and help them assess how the directors have performed their duty.


The Strategic Report replaces the Operating and Financial Review/Business review section of the Annual Report. It is in addition to the Directors' report.


See also


Other links