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Accounting standards

Hans Hoogervorst IASB chairman

I may have been 'a bit naïve', admits Hoogervorst

Chairman of the IASB says it has been a steep learning curve since taking the job

21 Jun 2012

Hans Hoogervorst IASB chairman

IASB and FASB settle differences over lease accounting

Standard setters agree to a two model approach to accounting for lease expenses on the balance sheet

14 Jun 2012

andrew-haldane-bankofengland

BoE’s Haldane calls for separate rules for banks

Current international reporting standards are falling short for banks

06 Jun 2012

Expected-loss model "well on the way", says IASB

Hans Hoogervorst said criticisms of incurred-loss model only partially justified

06 Jun 2012

ICAEW warns against prohibiting the use of fair value

Prohibiting the use of fair value would cause many derivative financial instruments to be taken off the balance sheet

09 May 2012

IASB proposes 11 amendments to IFRS

Amendments include changes to the IFRS 13 fair value measurement

04 May 2012

Don’t delay reporting changes warn firms

E&Y and Grant Thornton warn Accounting Standards Board delays to implementing financial reporting changes could cost businesses

02 May 2012

FRAB announces structural changes

FRAB is making changes relating to its future role, structure and operational arrangements

27 Apr 2012

FRC hedges bets over audit governance

FRC governance proposals will restore faith in reporting process, while audit tendering rules signal a split from EC stance

25 Apr 2012

World is waiting as US dithers over IFRS

Sir David Tweedie warns that US elections could put convergence back ten years

25 Apr 2012

Size does matter according to incoming AADB sanctions

AADB issues sanctions consultation which could see firms having to pay massive fines but will inject proportionality into the system

24 Apr 2012

AADB sanctions will prompt wistful thinking

The Big Four may look back wistfully at the days when a record fine could be represented by the paltry sum of £1.4m

23 Apr 2012

IASB and FASB offer clarification around expected loss attributes

The boards also clarified the so called ‘three bucket' approach, designed to help banks make responsible provisions

23 Apr 2012

Problems with IAS 39 flare up again

Pirc claims that auditors are forcing boards to comply with IFRS rather than the law. Surely auditors would be mad to go against current standards?

12 Apr 2012

Stop using accounting as a scapegoat says FRAC chair

Blaming IFRS for poor judgment is like blaming tape measures for not building flood defences high enough

04 Apr 2012

FRC comes under fire for its motives on disciplinary cases

FRC annual general meeting sees questions raised as to the motives of its pursuance of cases

21 Mar 2012

Arbuthnot chairman bemoans 'parallel universe' of accounting

Henry Angest upset at the impact of accounting rules on the private bank's results

16 Mar 2012

IASB meets European accounting standard setters

IASB chairman Hans Hoogervorst meets European Financial Reporting Advisory Group to discuss progress on key accounting standards including insurance contracts, leases and revenue recognition

14 Mar 2012

IASB aims to tackle company ‘disclosure overload’

Profession must address use of boilerplate explanations in company disclosures

08 Mar 2012

FRC sets out priorities for 2012

Main areas will include the introduction of a revised corporate governance code and new UK accounting framework UK GAAP by 2015

05 Mar 2012

Page 4 of 63

2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Profession reaches end of its tether with PAC

After the Public Accounts Committee's latest hearing - in which it heavily criticised Google's tax affairs - many advisers have had enough

#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

CABA's Wendy Saunders and CEO Kath Haines

Feature: Inside the Chartered Accountants' Benevolent Association

After seeing a 70% rise in demand, Calum Fuller visited the Chartered Accountants Benevolent Association to learn more about its efforts to provide support

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

cchcover

iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.