TS HAS BEEN BUSY of late, frantically leafing through our dictionary in search of a definition for that curious word, condorsement. Far be it for us to trundle out a tired moan about Americans mangling the English language, but, well, really!
Condorsement was coined by US regulator the SEC as a convenient bridge between convergence and endorsement, two of the options currently on the table for the US move to international financial reporting standards.
With such complicated letter shuffling going on just for a discussion about the move to IFRS, TS hates to think how convoluted the actual switch will be. We’re sure the Yanks can manage it though, don’t misunderestimate us.
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Long-serving PwC director Fiona Westwood has moved to Smith & Williamson and stepped up to partner