A tough transition to IFRS lies ahead for local authorities as they face an
April 2010 deadline to switch from UK GAAP.
CIPFA, which has laid out a two-year timetable for the transition, has warned
that meeting the target will be ‘challenging but achievable’.
IFRS became mandatory for EU listed companies in 2005. Central government is
scheduled to adopt the standards from April 2009.
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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