As the global push for sustainable finance intensifies, UK businesses may need to prepare for mandatory International Sustainability Standards Board (...
View articleA recent International Energy Agency (IEA) report on carbon accounting for sustainable biofuels could herald significant changes in auditing practices...
View articleThe Financial Reporting Council (FRC) recently imposed significant sanctions on MacIntyre Hudson LLP (MHA) and two of its auditors. The case, revolvin...
View articleKPMG has launched its Clear on climate reporting hub to provide insights and guidance to help organisations and their stakeholders understand how to b...
View articleThe perception and recording of marketing expenditures call for a significant reassessment. Traditionally, these expenditures are treated as operating...
View articleEarlier this month, C&C Group, the maker of popular cider brands like Magners and Bulmers, announced the resignation of its CEO, Patrick McMahon, ...
View articleUnder the Companies Act 2006 (“CA 2006”), it is a criminal offence for directors to file their company accounts late. Typically, there isn...
View articleThe ICAEW cited managing insurance costs, firms struggling to obtain coverage, assessing risk-taking capacity, and evolved firm structures as drivers ...
View articleThe IESBA emphasizes the importance of timely and global adoption of their standards. For corporate accountants, this means staying updated with chang...
View articleKPMG's faces record fine for a widespread exam cheating scandal, implicating senior staff and highlighting systemic ethical issues in the professional...
View articlePwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...
View articleAccountants and accounting firms play a crucial role in maintaining financial integrity, facing ethical dilemmas and regulatory challenges. Adherence ...
View articleThe creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...
View articleChanges will help to make accounting profession more attractive, ICAEW boss says Read More...
View article38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...
View articleFaber has been outspoken about the EU's approach and reinforces the ISSB's approach of a climate transitioning on the "necessary scale" Read More...
View articleEffective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...
View articleBy staying informed, seeking expert guidance, and adopting a forward-looking approach, accountants can successfully navigate the new regulatory landsc...
View articleIOSCO currently covers 130 jurisdictions, meaning that it supervises 95% of financial markets Read More...
View articleAdministrative pressures should not deter accountants from upskilling around sustainability, argues IFA chief executive, John Edwards Read More...
View articleThe accountancy industry has been hit by several exam cheating cases over the last few years Read More...
View articleThe IFA has issued the alert following an initial wave of suspensions in December last year Read More...
View articleThe initiative will aim to fulfil the urgent demand for standardising corporate sustainability disclosures worldwide Read More...
View articleAccountancy Age spoke with Brooks, who talked us through future goals and challenges for the ICAEW Read More...
View articleWe sat down with Remko Renes, an assistant professor of corporate governance at Nyenrode Business University, to discuss the future of audit in the UK...
View articleCorporate defaults caused by the impacts of coronavirus could lead to a collapse of the life insurance market, as matching adjustment leaves many expo...
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