Hedge fund operator Man Group has announced that pre-tax profits would have
been up from £789m to £863m under new international financial reporting
The provider of alternative investment products restated its 2005 figures
today in a stock exchange announcement.
Changes came about as a result of changes to goodwill amortisation, dividend
timing and pension scheme accounting changes, the Man Group said.
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