Financial reporting

European commission

EC launches review of IFRS in the EU

Mazars and the ICAEW will assess whether the switch to IFRS has delivered the benefits that had been expected by the EU

23 Jan 2014

lord-sharman-2

FRC in danger of departing from Sharman recommendations

A member of the Sharman inquiry into 'going concern' warns that FRC proposals depart from panel's original recommendations

16 Jan 2014

martin-scicluna

PwC: RSA's problems limited to Irish operation

Reviews involving auditors, external assurance and internal audit, outline extent of financial and control issues at RSA's Irish division

09 Jan 2014

Baker Tilly blames “low-balling” for decline in profits

Baker Tilly sees its profit fall substantially in March 2013 year-end, blaming lost re-tendering due to low-ball pricing

02 Jan 2014

FRC to update FRS 101

FRC proposes to simplify, in the reduced disclosure framework, the new disclosure requirements of IAS 36

18 Dec 2013

Why the numbers add up for direct cash flow statements

Detractors must recognise that disclosure will bring benefits, not just for investors and analysts, but for businesses too

17 Dec 2013

FRC defends commitment to international standards

Reporting watchdog defends decision to make changes to the UK auditing regime ahead of recommendations being considered at a global level

12 Dec 2013

FRC to simplify small company accounting

FRC consulting on proposals to amend the Financial Reporting Standard for Smaller Entities

10 Dec 2013

Standard setters “out of synch” over auditor reporting rules

ICAEW warns against fragmentation of global auditor reporting

27 Nov 2013

FRC inspecting Co-op Bank's 2012 accounts

Reporting watchdog confirms it is scrutinising the Co-Op Bank's financial reporting

22 Nov 2013

EU banks' financial statements lack comparability

Review of the accounts of 39 major European banks finds variance in the quality of disclosures

22 Nov 2013

Annual reports obfuscate performance, say readers

In a poll, Accountancy Age readers agree companies' annual reports obfuscate performance by including too many disclosures

12 Nov 2013

FRC updates going concern definition

FRC clarifies the assessement of going concern for stewardship and accounting purposes

07 Nov 2013

Colin: Don't judge a report by its cover

Annual reports serving too many masters could see an unexpected turn

01 Nov 2013

Annual reports serving too many masters

Annual reports have become filled with "obfuscation" and a "lack of insight" investor claims

01 Nov 2013

Since when did small mean worthless?

Latest change to accounting requirements could see many professionals wiped out argues David Grunberg

29 Oct 2013

Could accountants deflate the 'carbon bubble'?

Report from Carbon Tracker and the Association of Chartered Certified Accountants argues sector has key role to play in tackling climate-related investment risks

18 Oct 2013

FRC: Company reporting not up to scratch in smaller businesses

FRC investigation into company reporting finds evidence of straightforward non-compliance in smaller companies

17 Oct 2013

Finance struggling to make the most of data

Failing to effectively leverage vast volumes of data is hitting business' revenues, warns CIMA

16 Oct 2013

FRC and BIS defend legality of global accounting standards

FRC and BIS rubbish claims that IFRS conflicts with UK company law as "misguided"

04 Oct 2013

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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

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: Evaders are going to struggle to fit in

Colin was tickled when he realised how much harder tax evaders are to find life after the LDF limitations

Colin: Capital punishment

Is IFRS being used as a scapegoat for bad corporate behaviour? muses Colin

Colin: A spoonful of American patriotism helps the tax go down

Colin takes a wry look at Walgreens' move away from US tax inversions

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

Financial Planning and Performance AnalystCabinet Office-Greater London-Competitive

 
 
 
 
 
 
 
 

 

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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.