Displaying 1-10 of 16 results
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Five-step revenue recognition model: what you need to know
- Article
- 03 Jul 2024
The Financial Reporting Council has issued its latest round of periodic review amendments to UK GAAP. Among the changes is the introduction of a comprehensive five-step model for revenue recognition. Georgina Chalk looks at the five steps in closer detail.
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Bringing leases on balance sheet: what you need to know
- Article
- 03 Jul 2024
As part of the Periodic Review 2024, the Financial Reporting Council has issued major amendments to Section 20 Leases of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. The amendments will see lessees capture most leases on their balance sheet. Fahad Asgar looks at some of the detail.
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Integrating nature into corporate reporting
- Article
- 03 Jul 2024
Toby Roxburgh discusses why you should start to prepare for nature-related reporting and how the Taskforce on Nature-related Financial Disclosures can help.
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New IFRS Accounting Standard to aid analysis of financial performance
- Article
- 10 May 2024
IFRS 18 will give investors more transparent and comparable information about companies’ financial performance and support better investment decisions. Nick Anderson explains the new standard.
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Companies House reform: first changes introduced
- Article
- 09 May 2024
On 4 March 2024, the first set of measures to be rolled out by Companies House under the Economic Crime and Corporate Transparency Act 2023 came into effect. Fahad Asgar looks at the changes, how they contribute to tackling economic crime and how they fit in with the other upcoming changes.
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2024 UK Corporate Governance Code: what’s different?
- Article
- 03 Apr 2024
Victoria Geroe examines what has and hasn’t changed in the 2024 edition of the FRC’s UK Corporate Governance Code and accompanying guidance.
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How accounting rules are hindering the green energy revolution
- Article
- 03 Apr 2024
Kern Roberts explains why amendments to IFRS 9 are being considered to address current accounting challenges for power purchase agreements.
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It’s time to raise the threshold
- Article
- 03 Apr 2024
Following its call for evidence on non-financial reporting, the UK government has announced plans to lift the monetary company size thresholds from October 2024 – a measure called for in ICAEW’s response to the review. Sally Baker considers the implications.
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Introducing the Taskforce on Nature-related Financial Disclosures
- Article
- 05 Jan 2024
With nature loss becoming as much of a concern as climate change, Alison Dundjerovic highlights a new disclosure framework for organisations seeking to act on nature-related risks and explains how it fits in with current and future sustainability standard-setting initiatives.
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No insight for investors from equity accounting
- Article
- 05 Jan 2024
The underlying rationale and conceptual basis for the equity method of accounting for investments in associates is unclear and, as Steve Cooper explains, not particularly helpful for investors. Perhaps it is time for a re-think?
Displaying 1-10 of 16 results