Alleviating tax red tape, and stronger investment incentives, are key requests for the chancellor Philip Hammond to consider from the ACCA Read More...
View articleImprovements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC) Read More...
View articleCommissioning and preparing an asset valuation for financial reporting should involve a three way dialogue between the client, valuer & auditor Re...
View articleThe FRC has highlighted the things directors should consider when preparing their forthcoming half-yearly and annual financial reports post Brexit Rea...
View articleThe amendments to FRS 101 are limited, and predominately provide exemptions from many of the disclosure requirements of IFRS 15 Read More...
View articleBuilding on well-established reporting regime would minimise disruption, ICAEW says Read More...
View articleFRC to raise levies as government funding withdrawn Read More...
View articleICAEW warns of "worrying degree of confusion" over FRS 101 Read More...
View articleFRC guidance makes clear requirements relating to going concern and solvency and liquidity risk Read More...
View articleInternational audit quality watchdog unsatisfied by pace of change in improving audit quality Read More...
View articleNon-financial information should face similarly stringent testing to financial data, ICAEW finds in report Read More...
View articleFRC chief executive Stephen Haddrill pledges that regulator will allow changes to codes and standards to 'bed in' rather than introduce further change...
View articleGreater signposting and use of graphics and colour greatly enhance reports, FRC finds Read More...
View articleAmendments aim to ensure FRS 101 continues to be cost-effective as IFRS, changes while FRED 64 proposes amendments to FRS 103 Insurance Contracts Read...
View articleIncreasing regulation is hindering businesses' ability to get on with the job at hand, according to an IFAC survey of accountants Read More...
View articleRotation will lead to "the likelihood of audit failures with negative legal, regulatory, and business implications", says report Read More...
View articleDespite the fact that full compliance with new IFRS 9 rules is estimated to take between two and three years to complete, majority have only just sta...
View articleWatchdog files formal complaint against former management team at iSoft, almost ten years after ‘accounting irregularities' were discovered at softwar...
View articleFRC plans to make the retail sector a priority sector for audit inspections this year; finds overall audit quality has improved Read More...
View articleWith law firm Gateley set for an IPO, it should be very mindful of the problems faced now-extinct accounting firms that had taken the listed route Rea...
View articleThe FRC issues a clarion call for the adoption of an independent voice at international level in the firms' global networks, as it launches audit gove...
View articleThere needs to be greater investor scrutiny of OCI line items, writes Vincent Papa Read More...
View articleSave £50 by signing up today to Accountancy Age & Financial Director's series of half day masterclasses covering the preparation of accounts under FRS...
View articleICAEW warns of risk that over-simplifying reporting requirements can have on the ability of small companies to secure credit Read More...
View articleAnnouncement is in line with the FRC’s commitment to update FRS 101 annually to ensure the reduced disclosure framework remains consistent with IFRS R...
View articleBig Four firm called in as Balfour Beatty's UK construction services division sees margins eroded Read More...
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