Regulatory bodies

banks-montage

Banks take a forward view of losses under new IFRS rule

IASB issues finished financial instruments accounting standard, but fails in convergence attempts with FASB

25 Jul 2014

nhs-168715167

‘Rising concerns’ over NHS trusts' finances

More than a third of health bodies’ audits find value for money issues, Audit Commission reveals

24 Jul 2014

Stephen Haddrill

FRC reveals ‘struggle’ in IASB discussions

Working with international standards body "like pushing water uphill", Haddrill admits

24 Jul 2014

MPs to grill FRC over going concern

Sir Win Bischoff and Stephen Haddrill face House of Lords Economic Affairs Committee grilling over going concern

22 Jul 2014

FRC consults on local audit regulation

Accounting regulator launches consultation on audit of local public bodies

22 Jul 2014

US and China commit to cross-border audit inspections

US audit watchdog expects to conduct inspections of mainland Chinese audit firms by the end of the year

18 Jul 2014

IFRS chair opens door for 'prudence' reintroduction

IFRS Foundation chair suggests prudence should be reinserted into conceptual framework

16 Jul 2014

Interview: Michel Prada defends IFRS Foundation governance

Michel Prada tells Accountancy Age that criticism of IFRS Foundation governance structure is 'unfair'

16 Jul 2014

Conceptual differences hamper lease accounting project

Attempts by IASB and FASB to hammer out new lease accounting standard hampered by 'conceptual difference of opinion', finds Naomi Rainey

15 Jul 2014

FRC faces Lords committee grilling over going concern

Watchdog's bosses will answer questions over controversial proposals, as investors blast plans

04 Jul 2014

Investors slam FRC going concern proposals

Plans to water down ongoing viability statements will be “damaging to the public interest”, according to top shareholders

04 Jul 2014

Use 'The Lab' to end going concern concerns

FRC cannot afford another consultation on going concern, it should send the debate to the Financial Reporting Lab

02 Jul 2014

Key facts paint picture of profession in good health

Latest annual key facts and trends in the profession report reflects a positive message about the health of the profession

23 Jun 2014

FRC proposes joint tribunals for accountants and actuaries

Watchdog says changes will make disciplinary proceedings more efficient

20 Jun 2014

Non-audit clients provide largest fee growth for firms

Big Four firms continue to dominate, but other businesses' fee income recovers after five years of falls

12 Jun 2014

FRC scraps investigation into PwC’s Berkeley Group audit

FRC ends probe into PwC's independence when it conducted the audit of house building company Berkeley Group Holdings

12 Jun 2014

FRC: True and fair overrides accounting standards

FRC reconfirms that a true and fair view remains fundamental requirement of financial reporting

06 Jun 2014

Regulators publish new global revenue accounting standard

Way companies account for revenue overhauled by global and US standard setters, in major step towards creating a converged set of international accounting rules

29 May 2014

Bank audits not up to scratch, finds FRC

FRC inspection report highlights continued deficiencies in the quality and rigour of bank audits

28 May 2014

SEC suspends ex-Deloitte risk officer over audit work

Former Deloitte & Touche chief risk officer suspended from auditing public companies for two years

21 May 2014

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This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

New scheme provides 'access all areas' to the profession

Historic definition of what future accounting talent looks like is changing

The Practitioner: Heading off client's 'value' query at the pass

A client's new in-house accountant forces the Practitioner to up their game

The Practitioner: Struggling client holds WIP hand

A client of The Practitioner is in financial difficulties, owing the practice a lot of money...

people global network

Top 35 Networks 2013: The Survey

Our full survey results of the top 38 accounting networks, associations and alliances

Colin: Things that go bump in the night

Colin takes an alternative look at why IPs might be kept awake by zombie nightmares

Colin: Icebreaker celebs could soon be...

Colin speculates on the effect HMRC's latest set of powers could have

The Practitioner: Heading off client's 'value' query at the pass

A client's new in-house accountant forces the Practitioner to up their game

Share Price Centre

Track the fortunes of UK-listed companies with our Share Price Centre

PI Insurance

Professional Indemnity insurance tailored to the needs of small- to medium-sized practices

Find Me An Accountant

Locate an accounting practice that meets your particular business needs

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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.