The government has laid draft regulations before parliament with proposals to allow all companies to adopt international financial reporting standards on a voluntary basis.
The Department of Trade and Industry announced its decision to allow private companies the option to switch from UK accounting rules to international standards in July last year.
From next year over 7,000 publicly listed companies in the European Union have to switch to IFRS for their consolidated financial reports.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements