Regulatory bodies

Michel Prada IASB trustee chairman

IFRS chair opens door for 'prudence' reintroduction

IFRS Foundation chair suggests prudence should be reinserted into conceptual framework

16 Jul 2014

Michel Prada IASB trustee chairman

Interview: Michel Prada defends IFRS Foundation governance

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

16 Jul 2014

ifrs-graffiti

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

IASB agrees standard-setting charter of co-operation

Principles of co-operation between the IASB, national standard-setters and other accounting standard-setting bodies published

12 May 2014

Newsham facing FRC tribunal over Worthington Nicholls audit

FRC launches disciplinary hearing into conduct of Paul Newsham, a former audit partner at Worthington Nicholls auditors Sixonethreeone

09 May 2014

Bischoff labelled ‘odd choice' as new FRC chair

Credibility of Bischoff's appointment at FRC called into question during parliamentary hearing

08 May 2014

FRC consulting on going concern in changes to CG code

FRC consulting on going concern along with reforms to directors' remuneration policy as part of wider changes to the corporate governance code

25 Apr 2014

IASB launches dedicated research facility

IFRS Research Centre launched to create more evidence-based reporting standard setting

23 Apr 2014

Baker Tilly criticised over deficient audit work

FRC censures Baker Tilly for its reluctance to accept criticisms of audits in need of significant improvement

22 Apr 2014

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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

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

Leader: Baker Tilly's naming nerves

Baker Tilly's impending name change opens up a range of possiblities, writes Calum Fuller

The Practitioner: R&D tax credit boon awaits clients

The Practitioner is gobsmacked at the opportunities for tax savings that R&D credits will bring for clients

Macro View: Soaring US dollar could unleash nasty global tremors

If upward pressures on the dollar escalate, its strength could become malignant and the blessing could become a curse

Audit magnifying glass

New audit threshold reform – a threat or an opportunity?

What should smaller firms be doing to prepare for the impending audit threshold reforms? Having a strategy to work smarter, differently, than in the past is a must, writes Simon Warren

Colin: Chocolate coin meltdown

Colin ponders the impact of chocolate coins being pulled 'out of circulation'

Colin: No-go for new Tesco logo

Colin attempts a unilateral rebrand for Tesco

Taking Stock: Haslers' marathon man avoids comfort break

Better out than in for long-distance runner

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

Appointments to University Committees

University of Glasgow 120x60University of Glasgow - Glasgow - unremunerated positions

 

 

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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.