Statement of Standard Accounting Practice and Statement of affairs: Difference between pages

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(SSAP).  
''Insolvency law.''
 
One of a series of mandatory statements of accounting practice for the UK.
A document that must be prepared in the UK by the directors of an insolvent company setting out details of the assets (at their expected realisable values) and liabilities (in order of ranking for payment) as at the date of insolvency.
 
All SSAPs have been withdrawn and replaced by FRS 100-105 with effect from 2015.




== See also ==
== See also ==
* [[Financial Reporting Standard]] (FRS)
* [[Finance Director]]
* [[Generally accepted accounting principles]]  (GAAP)
* [[Insolvency]]
* [[International Accounting Standards]]  (IAS)
* [[International Accounting Standards Board]]  (IASB)
* [[International Financial Reporting Interpretations Committee]]
* [[International Financial Reporting Standards]]  (IFRS)
* [[International Financial Reporting Standards Foundation]]
* [[International GAAP]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 08:56, 23 July 2017

Insolvency law.

A document that must be prepared in the UK by the directors of an insolvent company setting out details of the assets (at their expected realisable values) and liabilities (in order of ranking for payment) as at the date of insolvency.


See also

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