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Business regulation

Regulatory uncertainty

Material uncertainties over FRC going concern guidance

No-one disputes Lord Sharman’s recommendations on going concern, but the FRC’s interpretation has been met with alarm

14 May 2013

illustration-cake

Keep flawed Share for Rights off the shoproom floor

The tax implications of offering employees shares in small business is just one reason why the scheme won't work

18 Apr 2013

European commission

EC pushes for more environmental and social disclosure

Companies with more than 500 employees will need to disclose more information about environmental and social impact in annual reports

17 Apr 2013

Consultation launches on integrated reporting framework

A consultation on draft framework to integrate non-financial data into financial statements is launched through 15 events worldwide, six of which are hosted by stock exchanges

16 Apr 2013

EU agrees country-by-country reporting for extractive industries

European companies required to disclose full information on payments of more than €100,000 (£85,000) to governments in resource rich countries

11 Apr 2013

The Debate begins: 'Leaving the EU would damage the UK economy'

Following the great success of our tax avoidance debate, Accountancy Age brings in the heavyweights to discuss the how reliant the UK is on the EU

20 Mar 2013

Auditors' going concern judgment to extend beyond 12 months

Companies' ongoing financial health must be judged over a longer period of time, according to draft proposals put forward by the FRC

31 Jan 2013

Uncertainty looms for UK as Europe moves on Tobin Tax

As 11 member states agree to progress with a financial transaction tax, concerns grow of an unlevel playing field that will create uncertainty and harm EU recovery

23 Jan 2013

EC's insolvency plans not totally harmonious

Plan to create European-wide insolvency rules is heading in the right direction, but many fear that it will undo insolvency professionals' good work

18 Dec 2012

FRC deaf to profession's howls over fine calculations

Regardless of howls of opposition from the profession, the FRC is pushing ahead with changes to the way disciplinary fines are calculated

12 Dec 2012

Leader: George too comfy in flip-flops

Lack of tax consistency shows a creaking austerity policy, which doesn't do advisors any favours

06 Dec 2012

AS2012: Advisors must take note as cash accounting looms

Cash accounting may seem 'small-fry' but advisors must consider its impact, warn experts

05 Dec 2012

Risk and IT audit roles to see the biggest salary increases

Regulatory and compliance accounting roles to see the biggest hike in salaries next year, as regulation bites financial services

03 Dec 2012

Divisions over shape of new UK GAAP

FRC framework for reduced disclosures welcomed, but opinion split over shape of new UK GAAP

30 Nov 2012

SMEs' travails should prick the ears of practices

Lack of finance. Lack of recognition of government initiatives. Are advisors doing enough to help boost their clients?

27 Nov 2012

IIRC releases prototype of integrated reporting framework

IIRC publishes prototype reporting model to integrate non-financial data onto financial statements which will be tested by more than 80 businesses

27 Nov 2012

Financial reporting think tank suspends manager over missing cash

Think tank to improve financial practice in the City suspends manager over suspected fraud

26 Nov 2012

Hoogervorst predicts “uphill battle” on lease accounting

IASB chairman critical of lobbying against plans to account for lease expenses on the balance sheet

07 Nov 2012

FRC consults on improving financial reporting

Disclosures that do not meet the objective of financial reporting should be excluded from the financial report, FRC says

16 Oct 2012

Insolvency relationships with asset lenders too ‘cosy’

Former ICAEW chief Eric Anstee calls for a crackdown on the ‘cosy’ relationship between insolvency practitioners and asset-based lenders

15 Oct 2012

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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.