Latest News
UK’s FRC provides advice to companies and auditors on coronavirus risk disclosures
The UK’s Financial Reporting Council (FRC) has published guidance on disclosures of risks and other reporting consequences arising from the spread.... read more
Bill Coen appointed as chair of the IFRS Advisory Council
Bill Coen has been appointed as chair of the IFRS Advisory Council by the Trustees of the IFRS Foundation, effective immediately.. read more
One third of UK FTSE 100 board seats now held by women
One third of UK FTSE 100 companies’ board seats are now held by women, ten months ahead of the December 2020 target, according to research from the.... read more
The UK’s FRC plans for greater regulatory oversight
The UK’s Financial Reporting Council (FRC) has announced plans for a ‘major shakeup’ of its oversight and supervisory functions to speed up the.... read more
CABA supports members facing Brexit challenges
CABA the charity supporting the wellbeing of ICAEW chartered accountants and their families, has launched a campaign specifically to support.... read more
Survey: Lack of supply chain visibility raises business risk
A study conducted by Harvard Business Review Analytic Services (HBRAS), commissioned by procure-to-pay provider Basware, highlighted that.... read more
Air of Caution as UK exits from Europe
UK’s withdrawal agreement (a treaty between the European Union and the United Kingdom) will enter into force upon the UK's exit from the EU, on 31.... read more
EY to be carbon neutral by end of 2020
EY has announced plans to be carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. The commitment reflects the.... read more
UK accountants see advertised salaries continue to rise in 2019
UK advertised accountancy and finance salaries continued to rise in 2019, with 3.2% average increase in salary resulting in a £42,000 ($54,599).... read more
OECD and IOTA to expand cooperation in promoting stronger tax systems
The OECD and the Intra-European Organisation of Tax Administrations (IOTA) have renewed a Memorandum of Understanding (MoU) for cooperation between.... read more
CIMA signs MoU to improve public service productivity
The Chartered Institute of Management Accountants (CIMA) has signed a MoU with the Institute for Continuous Improvement in Public Services (ICiPS).... read more
OECD publishes self-assessment tools for tax administrations
The OECD has published two self-assessment maturity models on tax debt management and the reduction of compliance burdens to aid tax administrations.. read more
Survey: More than half of UK businesses rush to upgrade financial systems
More than half (51%) of finance workers within UK businesses have said their firm has rushed to implement new financial software in the last 12.... read more
Bruce Mackenzie to join International Accounting Standards Board
The trustees of the IFRS Foundation have appointed Bruce Mackenzie as a member of the International Accounting Standards Board from 1 October 2020.. read more
FRC Report: Investors call for improved workforce reporting
Reporting on workforce-related issues needs to improve to meet investor needs and reflect modern day workforces, according to a report from the.... read more
UN Sustainable Development Goals disclosure recommendations
Leading accounting bodies and other organisations have called for corporate and asset owner action and improved reporting on the UN’s Sustainable.... read more
ACCA launches wellbeing hub for its students
The Association of Chartered Certified Accountants (ACCA) has launched a wellbeing hub to provide mental health, lifestyle and community support.. read more
IFA launches provisional associate membership for accounting degree graduates
The Institute of Financial Accountants (IFA) has launched a new membership tier specifically for finance and accounting degree graduates.. read more
ICAEW updates assurance guidance on internal controls of service organisations
The Institute of Accountants in England and Wales (ICAEW) has updated its guidance on conducting assurance engagements on the internal controls of.... read more
Canadian and Japanese accounting standards boards meet to discuss future cooperation
Representatives from the Accounting Standards Board (AcSB) and the Accounting Standards Board of Japan (ASBJ) met for their first bilateral meeting.... read more
