Link: IAS special report
The body withheld their advice on the standard, which has had some European banks up in arms over the volatility it would introduce into their accounts, after 6 of the 11 members of the group voted against recommending endorsement.
Under EFRAG’s constitution it cannot recommend non-endorsement of a standard without a two-thirds majority voting against it but it cannot support endorsement without a majority in favour.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel