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Financial reporting

Financial Reporting Council

FRRP sees improvement in principal risks reporting

Reporting of principal risks and uncertainties in companies' annual accounts subject of improvement says FRRP

27 Sep 2012

PwC logo

FTSE 350 reporting leaves a lot to be desired

PwC's survey finds gaps between reporting performance and management pay – and just a quarter use strategy as a base for their reporting

27 Sep 2012

PwC logo

Audit committtee's independence called into question

Investors and analysts raise doubts about whether audit committees are sufficiently independence from company management

13 Sep 2012

FRRP ticks off Pendragon for accounting error

Pendragon corrects its 2011 accounts after overstating its cash flows from operations and investment activities

09 Aug 2012

Audit reporting rules could see duel accounting

Fundamental changes to the auditor’s report are needed, but current proposals could highlight clashing management/auditor views

01 Aug 2012

Industry backs plan to remove 'distracting' quarterly reports

Kay review recommendations to rid company reports of box-ticking regulation and quarterly reporting is welcomed by industry

24 Jul 2012

Kay Report to call for end to quarterly reporting

A government-backed report on the UK's financial services industry is expected to call for an end to the requirement for companies to issue quarterly updates

23 Jul 2012

FRC and French counterpart aim to trim financial notes

European reporting regulators publish joint discussion paper towards a disclosure framework for financial notes

13 Jul 2012

BIS strengthens reporting framework for directors’ pay

Draft regulations proposes splitting directors' remuneration into two separate parts

29 Jun 2012

IAASB proposed mandatory auditor commentary

Global assurance board consults on proposals to improve how and what auditors report on in financial statements

26 Jun 2012

FRC identifies practical problems of single pay figure

Financial Reporting Lab releases investor views on simplifying remuneration reports

22 Jun 2012

Coalition confirms introduction of mandatory carbon reporting

Nick Clegg confirms companies listed on the London Stock Exchange will be required to report on their carbon emissions from next year

20 Jun 2012

Sharman hands auditors enhanced going concern role

Sharman Inquiry hands auditors an enhanced role by providing a specific statement on the directors' going concern assessment process and its outcome

13 Jun 2012

Panned M&A deals causing restatements, study finds

About 18% of companies whose M&A deals were poorly received by investors later had to restate results

08 Jun 2012

IAASB publishes landmark green assurance standard

A new global standard to assure greenhouse gas statements is published by the International Auditing and Assurance Standards Board

07 Jun 2012

IASB proposes 11 amendments to IFRS

Amendments include changes to the IFRS 13 fair value measurement

04 May 2012

Wetherspoon’s decries pub tax burden

In its latest quarterly update, the JD Wetherspoon pub chain was highly critical of the tax burden faced by pubs.

03 May 2012

British Land changes quarterly reporting format

British Land will publish interim management statements for the first and third quarters of the year

03 May 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

Financial reporting watchdog to share more information with Audit Inspection Unit

Changes aim to improve communication between Financial Reporting Review Panel and AIU and allow Panel more discretion to announce significant changes to company accounts

15 Mar 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

#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

#AAYP 2013: Soft skills will be a necessity to being competitive

Accountants must continue to add value by advising our clients more predominantly on their structure and their long-term objective

man walks alone in arctic landscape

Walk before you can run, lessons on choosing the right IT system

Stepping back and choosing a simpler IT system might be the best way forward for the business explains Christophe Letellier

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

Colin: Democracy bureaucracy

Colin wonders what the ICAEW's discussions over the botched ballot were like

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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.