FRC

Operational risk

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

20 May 2013

Regulatory uncertainty

Material uncertainties over FRC going concern guidance

No-one disputes Lord Sharman’s recommendations on going concern, but the FRC’s interpretation has been met with alarm

14 May 2013

kpmg reception

FRC launches KPMG audit probes

FRC launches investigation into KPMG over independence Pendragon audit as well as investigating a partner's shareholding in a client company

10 May 2013

Baroness Hogg steps down as FRC chairman

FRC announces departure of chairman Baroness Hogg, who is staying on while government finds a successor

09 May 2013

FRC confirms budget increase and hike in levy rates

Reporting watchdog increases overall budget for 2013/14 to £24.5m and raises annual levies by 8.5%

02 May 2013

KPMG could face FRC investigation over HBOS audit

FRC announces it will look into whether KPMG will be investigated for a future tribunal over its audit work at HBOS

11 Apr 2013

ASAF discusses conceptual framework at inaugural meeting

IASB and members of the ASAF discuss conceptual framework and impairment projects at inaugural meeting

10 Apr 2013

Colin: The auditor's reading list

Following the FRC's concerns over Grant Thornton and BDO's audit work, Colin recommends a some light reading

26 Mar 2013

GT and BDO told to buck up professional scepticism

FRC review team raises concerns about some of Grant Thornton and BDO's listed company audit work

22 Mar 2013

FRC disagrees with Competition Commission rotation plans

FRC claims mandatory auditor rotation would undermine audit committees' authority

20 Mar 2013

FRC and FASB among 12 members of IASB advisory forum

US and UK national standard setters among inaugural members of IASB's Accounting Standards Advisory Forum

20 Mar 2013

FRC releases another standard to streamline UK accounting

Financial Reporting Council releases simplified accounting standard which moves the country closer to an IFRS-based framework

14 Mar 2013

Deloitte and FRC fire opening salvoes in MG Rover tribunal

Deloitte launches defense of its role in two transactions it advised the 'Phoenix Four' on when they owned MG Rover in 2000, as FRC tribunal gets underway

12 Mar 2013

Deloitte/MG Rover tribunal begins

FRC tribunal to determine if Deloitte had a conflict of interest in advising the Phoenix Four which bought MG Rover begins today

05 Mar 2013

FRC boss defends 'comply or explain' audit tendering

UK competition and reporting watchdogs at loggerheads over comply or explain provision for mandatory audit tendering

27 Feb 2013

Auditors should reveal more about potential risk, say readers

Audit reports should provide greater detail, Accountancy Age readers say in a poll

22 Feb 2013

Ex-Cattles subsidiary FD excluded from ICAEW

Welcome Financial Services former finance director Peter Miller is stripped of licence for six years

19 Feb 2013

Ex-Cattles group FD stripped of licence at tribunal

James Corr stripped of his ICAS licence for eight years but will not incur any financial sanction following a tribunal by the profession’s watchdog

18 Feb 2013

Internal auditors banned from engagement teams

FRC bans auditors from using internal audit staff on engagement teams; IIA recommends scope of internal audit should be unlimited

12 Feb 2013

FRC to investigate Autonomy over financials

The FRC is investigating Autonomy over alleged misrepresentations made in its accounts prior to its acquisition by Hewlett Packard

11 Feb 2013

Page 6 of 22

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: 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

Colin: Anyone for a Gherkin?

Colin considers potential bidders for one of London's most iconic buildings

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.