FRC defends commitment to international standards
Audit

FRC defends commitment to international standards

10y Richard Crump , Writer

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 Read More...

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FRC to simplify small company accounting
Accounting Standards

FRC to simplify small company accounting

10y Richard Crump , Writer

FRC to simplify small company accounting

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

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Standard setters “out of synch” over auditor reporting rules
Accounting Standards

Standard setters “out of synch” over auditor reporting rules

10y Richard Crump , Writer

Standard setters “out of synch” over auditor repor...

ICAEW warns against fragmentation of global auditor reporting Read More...

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FRC inspecting Co-op Bank's 2012 accounts
Company News

FRC inspecting Co-op Bank's 2012 accounts

10y Richard Crump , Writer

FRC inspecting Co-op Bank's 2012 accounts

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

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EU banks' financial statements lack comparability
Corporate Governance

EU banks' financial statements lack comparability

10y Richard Crump , Writer

EU banks' financial statements lack comparability

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

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Annual reports obfuscate performance, say readers
Corporate Governance

Annual reports obfuscate performance, say readers

10y Calum Fuller , Reporter

Annual reports obfuscate performance, say readers

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

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FRC updates going concern definition
Audit

FRC updates going concern definition

11y Richard Crump , Writer

FRC updates going concern definition

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

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Colin: Don't judge a report by its cover
Business Regulation

Colin: Don't judge a report by its cover

11y Taking Stock

Colin: Don't judge a report by its cover

Annual reports serving too many masters could see an unexpected turn Read More...

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Annual reports serving too many masters
Accounting Standards

Annual reports serving too many masters

11y Richard Crump , Writer

Annual reports serving too many masters

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

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Since when did small mean worthless?
Accounting Firms

Since when did small mean worthless?

11y Accountancy Age

Since when did small mean worthless?

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

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Could accountants deflate the 'carbon bubble'?
Corporate Governance

Could accountants deflate the 'carbon bubble'?

11y James Murray

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 inves...

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FRC: Company reporting not up to scratch in smaller businesses
Company News

FRC: Company reporting not up to scratch in smaller businesses

11y Rachael Singh

FRC: Company reporting not up to scratch in smalle...

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

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Finance struggling to make the most of data
Technology

Finance struggling to make the most of data

11y Kevin Reed , Writer

Finance struggling to make the most of data

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

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FRC and BIS defend legality of global accounting standards
Accounting Software

FRC and BIS defend legality of global accounting standards

11y Richard Crump , Writer

FRC and BIS defend legality of global accounting s...

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

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New reporting burdens will fall on audit committees
Corporate Governance

New reporting burdens will fall on audit committees

11y James Roberts

New reporting burdens will fall on audit committee...

The blunt use of disclosure as a government policy tool could be punsihing the many for the sins of a few Read More...

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KPMG: More assurance needed following reporting changes
Audit

KPMG: More assurance needed following reporting changes

11y Rachael Singh

KPMG: More assurance needed following reporting ch...

KPMG has called for greater assurance in narrative reporting following changes to Companies Act, introduced on 1 October Read More...

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Reporting update could see auditors assure entire report
Audit

Reporting update could see auditors assure entire report

11y Rachael Singh

Reporting update could see auditors assure entire ...

Institute claims auditors will need to assure all of the annual report if that is what investors want Read More...

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XBRL taxonomies brought into line with new UK GAAP
Technology

XBRL taxonomies brought into line with new UK GAAP

11y Richard Crump , Writer

XBRL taxonomies brought into line with new UK GAAP

Taxonomies used by XBRL will be updated to reflect the new financial reporting standards - FRS 100, 101 and 102 Read More...

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Fast-track company Lo-Q changes year end for 'balance'
Company News

Fast-track company Lo-Q changes year end for 'balance'

11y Calum Fuller , Reporter

Fast-track company Lo-Q changes year end for 'bala...

Moving Lo-Q's year end to 31 December will provide a greater balance between the two halves of the company's financial year Read More...

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Integrated reporting nudges closer with new FRC guidance
Company News

Integrated reporting nudges closer with new FRC guidance

11y Rachael Singh

Integrated reporting nudges closer with new FRC gu...

FRC publishes guidance on new strategic review which is due to replace the business review in annual reports this year Read More...

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PCAOB proposes biggest shake-up to US audit reports since 1940s
Audit

PCAOB proposes biggest shake-up to US audit reports since 1940s

11y Richard Crump , Writer

PCAOB proposes biggest shake-up to US audit report...

America's accountancy watchdog wants auditors to reveal more information about the listed companies they audit Read More...

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Only 25% of finance departments ready for GHG reporting
Company News

Only 25% of finance departments ready for GHG reporting

11y Rachael Singh

Only 25% of finance departments ready for GHG repo...

ICAEW and Verco research shows just 25% of companies have accounting software for incoming green reporting requirements Read More...

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Auditors' duties: The burden of expectation
Audit

Auditors' duties: The burden of expectation

11y Jane Howard

Auditors' duties: The burden of expectation

Jane Howard looks at how auditors can best protect their position in light of enhanced expectations and new reporting requirements Read More...

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IASB makes progress on conceptual framework
Regulatory Bodies

IASB makes progress on conceptual framework

11y Richard Crump , Writer

IASB makes progress on conceptual framework

Global standard setter puts draft of the conceptual framework revisions out for discussion Read More...

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FRC overshoots budget by £1.6m
Regulatory Bodies

FRC overshoots budget by £1.6m

11y Richard Crump , Writer

FRC overshoots budget by £1.6m

Total expenditure in 2012/13 was £25.5m, driven up by a rise in disciplinary case costs Read More...

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DB pensions set for change under FRS 102
Accounting Standards

DB pensions set for change under FRS 102

11y Simon Taylor

DB pensions set for change under FRS 102

UK companies should prepare for a new regime for defined benefit schemes under FRS 102, writes Simon Taylor Read More...

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Banks should introduce extra accounts for regulators
Audit

Banks should introduce extra accounts for regulators

11y Calum Fuller , Reporter

Banks should introduce extra accounts for regulato...

Bank ought to produce an additional set of accounts for regulators, according to Accountancy Age readers Read More...

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