Latest News
IASB updates definition of ‘material’
The International Accounting Standards Board (IASB) has made amendments to its definition of what is considered material to make it easier for.... read more
IMA signs MoU with ALPFA
The Institute of Management Accountants (IMA) and the Association of Latino Professionals for America (ALPFA), have signed a MoU.. read more
FRC examining non-financial information in corporate reporting
The UK’s Financial Reporting Council (FRC) has launched a project to examine the existing processes of corporate reporting and how companies can.... read more
Reports: Stephen Haddrill stepping down as CEO of the FRC
The UK’s Financial Reporting Council (FRC) CEO Stephen Haddrill is reportedly stepping down, according to Sky News.. read more
UN partners with the Integrated Reporting Council to inform enterprises
The 2023 agenda for sustainable development was created, to provide a context to accelerate global progress towards the integration of financial.... read more
Search for IAASB chair restarts after Baumann pulls out
The International Auditing and Assurance Standards Board (IAASB) has had to restart its search for its next chair, after Martin Baumann revealed he.... read more
FRC calls for improved reporting quality
The Financial Reporting Council (FRC) has called for improvements in areas such as corporate reporting, including key accounting judgements and.... read more
AICPA and CIMA to develop a solution to concerns raised by a digitalized economy
The Association of International Certified Professional Accountants (The Association) has said international coordination is needed to address.... read more
IASB changes the definition of business in IFRS standards
The International Accounting Standards Board (IASB) has issued amendments to IFRS 3 Business Combinations in order to redefine the term business.. read more
Former KPMG executive director guilty of fraud
Former KPMG executive director Cynthia Holder has pleaded guilty to fraud in relation to a scheme to steal confidential information from the Public.... read more
ICAEW announces vice president for 2019/20
The Institute of Chartered Accountants in England and Wales (ICAEW) has appointed William Brooks as its next vice president, starting June 2019.. read more
Haddrill takes pay cut as FRC looks to step up enforcement game
Stephen Haddrill, CEO of the UK’s Financial Reporting Council, took a £60,000 pay cut for the 2017/2018 financial year, and chose not to be.... read more
CPA Ireland to fast-track students into the profession
The Institute of Certified Public Accountants Ireland (CPA Ireland) has launched a programme to reduce the time it takes for students to enter the.... read more
PCAOB appoints director of internal oversight and performance assurance
The Public Company Accounting Oversight Board (PCAOB) has appointed Ryan Sack as the director of the Office of Internal Oversight and Performance.... read more
CMA launches audit market review
The Competition and Markets Authority (CMA) has launched a study of the audit sector in the UK, to examine concerns that it is not working well for.... read more
FRC to consider banning auditors from providing consultancy services
The UK’s Financial Reporting Council (FRC) is to consider whether auditors should be banned from providing consulting work for bodies they audit as.... read more
The Digital Accountancy Awards 2018 winners announced
The winners of the Digital Accountancy Forum & Awards 2018 were revealed during a gala dinner held at the Waldorf Hilton in London on 4 October.. read more
Chair of International Integrated Reporting Council appointed amidst the launch of a strategic phase
Dominic Barton has been appointed chair of the International Integrated Reporting Council (IIRC).. read more
WFE ESG guidance aligned with GRI Standards
The World Federation of Exchanges (WFE) has revised its sustainability reporting guidance for their member exchanges, which is now aligned with the.... read more
UK business secretary calls for Big Four investigation
UK business secretary Greg Clark has called for an investigation into the dominance of the Big Four in the UK audit market in an interview with the.... read more
