New research has found only 9% of local authority 2020-21 audits were completed by the statutory deadline of 30 September 2021, highlighting the crisis in the local audit market.

Figures from the latest gender pay gap report show a narrowing in some sectors, but little overall change from previous years. How has the accountancy profession fared when it comes to closing the gap?

With the peak filing month of September drawing to a close, Companies House says more streamlined ways to file digitally have helped boost the proportion of annual accounts filed electronically.

Waverley Borough Council talks us through its funding challenges, service delivery achievements and the seemingly impenetrable nature of local authority accounts.

Factors for preparers of micro-entity accounts to consider when doing a going concern assessment and the practical implications for financial reporting.

A 20-minute webcast exploring the financial reporting implications of COVID-19 for micro-entities.

When IAS 39 was replaced by IFRS 9 on 1 January 2018, it was perhaps little lamented, writes Steven Hall, Partner, Financial Services Risk Consulting, KPMG and Nicholas Mead, Director, KPMG. In a financial crisis that had manifold causes, some laid at least part of the blame for the 2008 meltdown on the ‘incurred loss’ provision model in IAS39 – inadequate, too little too late, or simply the dog that didn’t bark.

A guide to the accounting implications of changes to contracts with customers as a result of the pandemic.

This hour long webinar looks at the accounting and financial reporting considerations for financial services firms under IFRS9 as a result of COVID-19.

Aimed at both UK GAAP and IFRS reporters, a short webcast on the factors to consider when determining whether COVID-19 is an adjusting or non-adjusting event.

18 June 2020: Amendments to IFRS 16 Leases to help lessees account for rent concessions as a result of the Coronavirus pandemic.

21 April 2020: the International Accounting Standards Board has issued guidance on the application of IFRS 16 Leases for COVID-19-related rent concessions.

This factsheet provides a summary of the basic principles of accounting for impairments and practical tips on application.

What should charities be considering when they prepare their annual accounts?

The COVID-19 pandemic may place subsidiaries in financial difficulty, leading to a greater need for letters of support.

Valuable insights for those working in and with small and medium-sized and other non-public interest entities to help navigate a route to a resilient future.

Factors for preparers of micro-entity accounts to consider when doing a going concern assessment and the practical implications for financial reporting.

Factors to consider when doing a going concern assessment and the practical implications for financial reporting.

How reverse stress testing can help entities enhance their going concern assessments and identify gaps in their risk assessment.

Why going concern is important for the accounts and how to make the assessment.

The Audit and Assurance Faculty have produced this two part guide for auditors, covering COVID-19 considerations for auditing going concern, and how to report when a material uncertainty relating to going concern exists.

Figures from the latest gender pay gap report show a narrowing in some sectors, but little overall change from previous years. How has the accountancy profession fared when it comes to closing the gap?

With the peak filing month of September drawing to a close, Companies House says more streamlined ways to file digitally have helped boost the proportion of annual accounts filed electronically.

1 February 2021: The Financial Reporting Council and the Financial Conduct Authority have published updated guidance for companies and auditors to ensure high-quality financial information continues to flow to users to support decision-making.

10 December 2020: In a reporting season like no other, ICAEW’s Financial Reporting Faculty has published guidance on areas where preparers should pay particular attention.

10 December 2020: As companies prepare to embark upon the 2020/21 reporting season, questions around judgments and estimates, impairments and financial instruments have topped the list of problematic financial reporting areas

3 December 2020: Annual reports provide an opportunity for companies to communicate how they have adapted to face the challenges of COVID.

This guide summarises the temporary measures introduced relating to filing requirements at Companies House to support companies during the COVID-19 pandemic.

21 April 2020: several key projects have taken a back seat while the accounting world tackles the coronavirus crisis, but ICAEW continues its work to influence issues such as audit reform, climate change and ESEF.