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FRC pushes non-financial reporting in revised strategic report guidance

  • Author: Joe Pickard
  • Published: 31 Jul 2018

The UK’s Financial Reporting Council (FRC) has revised its Guidance on the Strategic Report to recognise the increasing importance of non-financial.... read more

OECD faces tax transparency standards criticisms

  • Author: Joe Pickard
  • Published: 30 Jul 2018

The Organisation for Economic Co-operation and Development (OECD) has faced criticism for its updated criteria to identify jurisdictions that have.... read more

IMA appoints director of diversity and inclusion

  • Author: Joe Pickard
  • Published: 27 Jul 2018

The Institute of Management accountants (IMA) has appointed Linda Devonish-Mills as its first director of diversity and inclusion.. read more

FRC: nearly half of audits need to improve in pension obligations

  • Author: Joe Pickard
  • Published: 26 Jul 2018

The UK’s Financial Reporting Council (FRC) has found improvement is needed in the audit of pension balances and related disclosures.. read more

Slow progress for women in the accountancy profession

  • Author: Joe Pickard
  • Published: 24 Jul 2018

Women in finance and accounting take on average seven more years than their male counterparts to reach executive level, according to research.... read more

OECD and Argentina to launch Latin American tax and financial crime centre

  • Author: Jonathan Minter
  • Published: 23 Jul 2018

The OECD and Argentina’s government have signed a Memorandum of Understanding to establish the OECD Latin America Academy for Tax and Financial.... read more

‘Always on’ culture placing too much pressure on SME leaders

  • Author: Joe Pickard
  • Published: 23 Jul 2018

Almost a fifth (15%) of SME leaders in professional services admit to feeling under pressure at all times, according to research by Advanced, a.... read more

IFAC and IBA sign anti-corruption mandate

  • Author: Joe Pickard
  • Published: 19 Jul 2018

The International Federation of Accountants (IFAC) and the International Bar Association (IBA) have signed an Anti-Corruption Mandate.. read more

IFRS Foundation appoints chair of trustees

  • Author: Joe Pickard
  • Published: 18 Jul 2018

The former governor of the Finnish Central Bank Erkki Liikanen has been appointed as the chair of the IFRS Foundation Trustees.. read more

IAASB proposes audit risk assessment standards revision

  • Author: Jonathan Minter
  • Published: 17 Jul 2018

The International Auditing and Assurance Standards Board (IAASB) has moved to update its standard on audit risk assessments, to take into account.... read more

MPs question PRA’s scrutiny of Grant Thornton

  • Author: Joe Pickard
  • Published: 16 Jul 2018

The chairs of three UK Government select committees have written to the Bank of England’s (BoE) Prudential Regulation Authority (PRA), questioning.... read more

Big Four reject break up calls

  • Author: Joe Pickard
  • Published: 13 Jul 2018

The Big Four have insisted on the importance of the continuation of their current model rather than being split up.. read more

CIPFA appoints new president

  • Author: Joe Pickard
  • Published: 11 Jul 2018

Grant Thornton UK’s head of public services Sarah Howard has become president of the Chartered Institute of Public Finance and Accountancy (CIPFA).. read more

ICAEW: Debate about auditor scepticism must be more substantial and constructive

  • Published: 10 Jul 2018

While auditors must work to improve professional scepticism in the accounting sector, the temptation to simply call for more scepticism “should be.... read more

IASB announces Management Commentary Consultative Group

  • Published: 10 Jul 2018

The International Accounting Standards Board (IASB) has named the membership of its Management Commentary Consultative Group (Consultative Group),.... read more

UK FRC looks in-house for new audit and actuarial director

  • Author: Jonathan Minter
  • Published: 5 Jul 2018

The UK’s Financial Reporting Council (FRC) has appointed Mike Suffield to executive director of audit and actuarial regulation, following the.... read more

GRI appointed to the European Commission’s Technical Expert Group on Sustainable Finance

  • Published: 5 Jul 2018

The Global Reporting Initiative (GRI) has been selected as part of a Technical Expert Group on Sustainable Finance, which was established to help.... read more

ICAEW launches AI and big data scheme

  • Author: Joe Pickard
  • Published: 4 Jul 2018

The Institute of Chartered Accountants in England and Wales (ICAEW) has launched an initiative to use AI and big data for corporate finance.... read more

OECD: Tax revenues are higher than in 2000

  • Author: Joe Pickard
  • Published: 2 Jul 2018

Countries have made progress towards mobilising domestic financing for development in the 21st century, a working paper published by the.... read more

IASB publishes discussion paper on accounting for financial instruments

  • Author: Joe Pickard
  • Published: 28 Jun 2018

The International Accounting Standards Board (IASB) has published a discussion paper on how companies issuing financial instruments should classify.... read more

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