TS HAS BEEN TIED up of late, locked in a cupboard, trying to avoid the IFRS debates: will the US converge or won’t they; what are the many changes; and what does it mean?
Until, that is, Leavitt Walmsley Associates’ director Steve Collings decided to throw us a lifeline in the form of IFRS for Dummies.
Once the sniggering had subsided, we at the TS desk found ourselves engrossed in the chapter The Part of Tens, which includes ten pitfalls to avoid and ten future developments of IFRS. Not to mention a chapter (only two pages) on the putting mistakes right, one clarifying an asset is an asset and looking at assets you don’t see every day.
Now, if only TS could get a book on Olympics for dummies, explaining how to avoid the top ten pitfalls and mistakes made by the security team!
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