Accounting standards

buyout-guy-cash

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

fine

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

International Accounting Standards Board

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

Public sector IFRS: worth the effort?

Little drama from local government's move to IFRS, but was it worth the hard work in the first place?

28 Feb 2012

Keeping Up Appearances - how to spot accounting manipulation

Jeanine Arnold discusses the many forms of accounting manipulation

28 Feb 2012

PCAOB founding member retires

Nearly ten years on since the introduction of Sarbanes Oxley accounting watchdog founding member retires

24 Feb 2012

IFRS in the US could be ‘Chinese water torture’

IASB chairman Hans Hoogervorst is confident US regulators will ‘take a positive decision' to adopt IFRS

24 Feb 2012

ICAEW: EU given “free rein” on micro-business reporting

The European Council has given the power to decide reporting requirements of micro-entities to individual member states

22 Feb 2012

The dog ate my work!

FRC to provide definitions of a good excuse for companies that fail to comply with corporate governance

21 Feb 2012

ABI wants cover for insurance accounting

With insurance accounting up in the air, the ABI wants the right balance between consistency of application while avoiding the burden of new rules

07 Feb 2012

ASB reporting proposals fail to address micro companies

There is still a lack of certainty over what will happen to the reporting requirements for small companies

31 Jan 2012

'Less revolutionary' UK accounting changes welcomed

ASB has listened during the consultation process on the future of UK accounting, say experts

30 Jan 2012

SME accounting should retain UK GAAP aspects

ASB looks to implement IFRS for SMEs - albeit with some UK standards thrown in

30 Jan 2012

Page 7 of 65

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

Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

linkedin-screenshot-1-web

Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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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.

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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.