LARGE COMPANIES operating in niche markets will be the focus of accounting’s financial reporting supervisor.
The Financial Reporting Review Panel (FRRP) will look at companies outside the FTSE 350 operating in niche markets. The panel believes these companies face more risks than the largest, most, diversified businesses.
Challenges are increasingly being made around businesses’ identification of principal risks and uncertainties, and whether their descriptions enable shareholders to appreciate the true threat to the company.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)