As the company law reform bill, under the steerage of industry minister
Margaret Hodge, makes its way through the House of Commons, the lobby group is
wielding the support it gained from over 200 MPs to push for amendments to be
introduced on two key issues of narrative reporting – a second level of auditing
requirements and common reporting standards.
The group claims these ‘crucial’ components were omitted when the government
last month made its concessions to those opposed to the scrapping of the
operating and financial review. But at the same time as pushing for the
amendments, ‘we will be asking the government to bring forward guidance for
companies on how to produce a business review’, said Craig Bennett, corporate
accountability campaigner at Friends of the Earth.
‘We hope for support from businesses, who will understand the benefits that
it would provide,’ he added.
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards