ePack ep4.01 - CaseWare UK KnowledgeBase

1 ePack (Release date 17th March 2017 applicable only to the AccountsAdvanced template) AccountsAdvanced | ePack | 2 SUMMARY OF MAIN CHANGES (since ) Note: this ePack contains updates from the previous ePack , so if you have not already installed that ePack , simply install this ePack instead. Key changes in this ePack : Small filing copy enablement for all small entities (reporting under FRS 101 or FRS 102) iXBRL tagging updates Template updates Other sundry updates Before accepting any updates to your Accounts document, please read the notes below carefully: Small/Micro filing copy Wizard / Accounts preparation table changes The early adoption of SI 2015/980 check box has now been made available for entities reporting under FRS 101. Small entities reporting under 101 or 102 can then switch to the Small filing version on the Accounts Completion screen.

2 Balance sheet statements Updated skip conditions so that the relevant statements appear at the foot of the balance sheet for all small entities utilising the small filing copy (or filleted version as some refer to it). Adapted and abridged primary statements (if SI 2015/980 or SI 2016/575 has been adopted) The Wizard has been updated to enable adapted layouts for profit and loss and balance sheet for all entities. Additionally small companies (reporting under either FRS 101 or FRS 102) can present abridged layouts. Switching off all sections of the Directors report Addressed an issue whereby if the disclosure override column was used to switch on an additional section of the Directors report in the Accounts Preparation table in the full set of accounts, this section would remain active when switching to the Small filing copy.

3 All sections now switch off in this version of the financial statements. Notes required for small entities Adjustments have been made to the Accounts preparation table to ensure that ALL notes not required in the Small filing copy are switched off by default when switching to this version. AccountsAdvanced | ePack | 3 Small/Micro filing copy Small filing copy (Consolidated) The small filing copy has been enabled for small groups both Corporate and LLP. These entities can choose either full or adapted primary statements from the Wizard. Micro filing copy (FRS 105 only) We have enabled a Micro filing copy of the FRS 105 financial statements. This works in a similar manner to the Small filing copy in that the P&L and Directors report etc. are removed. This applies for LLPs and Corporate entities.

4 Micro entity Directors report After the introduction of SI 2015/980, Micro entities are not required to prepare a Directors report so this has been removed by default on the Accounts preparation table for these Micro entities. Reports Audit report (UK) Updated the Matters on which we are required to report by exception paragraph. Only relevant for small entities. Audit report (UK) Wording of the introductory paragraph has been updated to reference applicable law rather than the Companies Act 2006 as per the latest Mercia manual. Audit report (UK) iXBRL tagging Updated the tick box at the start of the Opinion on other matter section to be read only. This is only present for iXBRL purposes. Audit report (UK) In accordance with the Mercia manual we have moved the final paragraph of the Opinion on other matter paragraph beneath the Matters on which we are required to report by exception sub-header.

5 Abridged Audit report (Irish) We have added the missing quotation mark at the end of the Matters on which we are required to report by exception paragraph within the abridged audit report. Audit report (Irish) Wording updated within the Respective responsibilities of Directors and Auditors section to read express an opinion rather than express our opinion . Directors responsibilities statement (Irish FRS 101) Fixed the wording of this statement when shown within the standard Directors report to match the version when shown as a separate statement. Members responsibilities statement (LLP) The wording used in this statement has been updated in accordance with the latest Mercia manual. It is also now consistent when the statement is included within the Members report or as a separate statement.

6 AccountsAdvanced | ePack | 4 iXBRL Tagging Fixed asset investments note This note has been re-tagged for both FRS 101 and FRS 102. Please note that only the net book values need to be tagged. Subsidiary undertakings please see KB article: Additional typed dimensions have been created to auto-tag the Class of shares and Holding % columns of this note. This applies both when this note is shown within the Fixed asset investments note, or separately. XBRL tab new toolbar Irish entities The XBRL tab of the new toolbar has now been enabled for Irish entities. FRS 102 First time adoption note Corrected the tag used for the Effect of transition column totals (both PY and PY2). Abridged layouts (P&L and Balance sheet) All UK corporate abridged layouts are now tagged for iXBRL purposes.

7 Company only Balance sheet date of authorisation The date of authorisation of the financial statements is now tagged for iXBRL purposes on the company only Balance sheet. Blank page when exporting removed Under certain circumstances a blank page was showing up on the exported version of the accounts. This has now been addressed and removed. Primary statements Statement of comprehensive income subtotal Calculations updated to enable users to skip the Total comprehensive income row, if desired. Income statement (abridged FRS 102) Corrected the signage of the Profit/loss on disposal of investments row. FRS 105 Income statement Fixed an issue whereby raw materials were being erroneously included within both Cost of raw materials and consumables and Other charges . This now only shows within the former.

8 FRS 105 Statement of changes in equity Fixed an issue whereby under certain circumstances the SOCIE was building in by default for Micro-entities when it is not required by the standard. Other comprehensive income revaluation calculations Updated calculations within the revaluations of intangibles and fixed asset investments to exclude movements posted within A* mapping. These are now input cells. AccountsAdvanced | ePack | 5 Primary statements Consolidated SOCIE Calculation corrected for the prior year adjustment cell for Non-controlling interests which was previously pointing to the current rather than the prior year mapping. Company only Balance sheet parent company profit Any groups adopting SI 2015/980 (or SI 2016/575 for LLPs) are required to show parent only profit for the year on the face of the company only balance sheet.

9 This has been updated in this ePack . Statement of changes in equity subtotal line above Total comprehensive income Updated the skip condition so that if the user elects to skip this subtotal, the line above the subtotal also skips. Notes and Accounting policies LLP Section 1A notes We have amended the skip and hide conditions for the following notes when an LLP reports under Section 1A. Auditors remuneration note remains on in the full version but switches off by default in the small filing copy. The Debtors, Cash, Creditors <1yr and >1yr notes are now on by default providing the relevant map codes are populated. Fixed asset investments (Financial assets Irish entities) Updated note title in accordance with Irish legislation to read Financial assets . Investment property Changed the sign of the values within the tabular analysis within this note to show as positive.

10 Commitments under operating leases Updated FRS 102 help text for this note to increase clarity as to what the standard actually requires. Reconciliation of members interests (LLP) Enabled the option to hide the total column if only one analysis column is populated. Also updated calculations in the group and company only Repayment of capital rows. Employees note small companies Fixed an issue whereby the staff costs section of this note was not hiding for small companies with a period start date on or after 1st January 2016. Employees note (LLP only) Correcting spelling error of word receiving within help text. Deferred taxation font style Fixed minor error with the prior year b/fwd cell which previously was in the incorrect font style. First time adoption (new toolbar) Enabled the insert row button from the new toolbar to add in additional Explanation of changes as required.