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FRC provides advice on preparing 2017/2018 annual reports

  • Author: Stephanie Wix
  • Published: 13 Oct 2017

The Financial Reporting Council (FRC) has written to companies highlighting key areas for improvement when preparing annual reports for 2017/2018.... read more

IFRS Foundation report case studies reveal how to improve disclosure and communication

  • Author: Stephanie Wix
  • Published: 11 Oct 2017

The IFRS Foundation has published a case study report providing examples of how communication has been improved in IFRS financial statements of.... read more

Philippines becomes the first country to meet all EITI standard requirements

  • Author: Stephanie Wix
  • Published: 9 Oct 2017

The Philippines has become the first country to meet all of the requirements of the Extractive Industries Transparency Initiative (EITI) standard,.... read more

World Business Council for Sustainable Development launches the Reporting Exchange

  • Author: Vincent Huck
  • Published: 6 Oct 2017

The World Business Council for Sustainable Development (WBCSD) has launched the Reporting Exchange, an online platform to help businesses navigate.... read more

Legal experts say there are no excuses when it comes to climate related disclosure

  • Author: Stephanie Wix
  • Published: 28 Sep 2017

When it comes to climate risk reporting silence is the most dangerous option according to a report by legal experts from the Commonwealth Climate.... read more

Conceptual framework for financial reporting to be published by the first quarter of 2018

  • Author: Stephanie Wix
  • Published: 28 Sep 2017

During the first day of the World Standard Setters (WSS) conference held in London on 25 and 26 September 2017 delegates discussed the main.... read more

Overwhelming majority of users in financial statements in New Zealand rate non-GAAP measures highly

  • Author: Stephanie Wix
  • Published: 27 Sep 2017

Users of financial statements in New Zealand overwhelmingly find alternative performance measures (APMs) useful or sometimes useful and believe.... read more

Indian institute appointed vice chair of the Asian standard setters group

  • Author: Stephanie Wix
  • Published: 20 Sep 2017

The Institute of Chartered Accountants of India (ICAI) has been appointed vice chair of the Asian-Oceanian Standard-Setters Group (AOSSG) for a.... read more

Ten global companies commit to implement climate related disclosure by 2020

  • Author: Stephanie Wix
  • Published: 19 Sep 2017

Ten companies across 7 sectors have today become the first to make the commitment to implements the Task Force on Climate-related Financial.... read more

Korean institute signs agreement with National Council of non-profit organisations

  • Author: Stephanie Wix
  • Published: 18 Sep 2017

The Korean Institute of Certified Public Accountants (KICPA) and the National Council of non-profit organisations (NPOs) have signed a memorandum.... read more

GRI reviews two standards and will release its first outcome publication on UN sustainability goals

  • Author: Stephanie Wix
  • Published: 7 Sep 2017

GRI plans to release its first publication on the outcome of their work for the United Nations (UN’s) Sustainability Development Goals (SGD’s), as.... read more

CIIA publishes updated guidance on risk management in UK financial services

  • Author: Stephanie Wix
  • Published: 5 Sep 2017

The UK Chartered Institute of Internal Auditors (CIIA UK) has released guidance on how financial institutions in the UK should manage risks in an.... read more

IFRS Foundation signs agreement with banking supervisory committee

  • Author: Stephanie Wix
  • Published: 5 Sep 2017

The IFRS Foundation has signed a memorandum of understanding (MoU) with the Basel Committee on Banking Supervision (BCBS) for long term financial.... read more

IPSASB releases two exposure drafts for consultation

  • Author: Stephanie Wix
  • Published: 1 Sep 2017

The International Public Sector Accounting Standards Board (IPSASB) has published two exposure drafts, one on financial instruments, and one on.... read more

The UK becomes the 20th country to exchange tax reports with the USA

  • Author: Stephanie Wix
  • Published: 1 Sep 2017

The UK and USA governments have agreed to exchange tax information from multinational enterprises in country by country reports (CBCR).. read more

FAF Trustees agree to retain GASB scope of authority policy without change

  • Author: Sarajuddin Isar
  • Published: 29 Aug 2017

The Financial Accounting Foundation (FAF) Board of Trustees (Trustees) has approved the three year review of Governmental Accounting Standards.... read more

Malaysia introduces audit exemptions

  • Author: Stephanie Wix
  • Published: 29 Aug 2017

The Companies Commission of Malaysia (CCM) has released a directive setting out the category and criteria for audit exemption. The practice.... read more

CCAB issues draft guidance for the accountancy sector on anti-money laundering

  • Author: Stephanie Wix
  • Published: 24 Aug 2017

The Consultative Committee of Accountancy Bodies (CCAB) has issued draft guidance for all entities providing audit, accountancy, tax advisory,.... read more

Global Forum releases tax transparency compliance ratings

  • Author: Stephanie Wix
  • Published: 23 Aug 2017

The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) has published ten outcomes of an enhanced peer review.... read more

GSSB launches consultation on GRI Standards

  • Author: Stephanie Wix
  • Published: 17 Aug 2017

The Global Sustainability Standards Board (GSSB) has launched a public consultation on two of the the GRI Standards; 303 Water and 403 Occupational.... read more


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