Displaying 1-50 of 176 results
Directors’ reports to be scrapped and more companies to be exempt from strategic reports
- Article
- 27 Oct 2025
In a package of reforms aimed at reducing bureaucracy and supporting businesses growth, the UK government has announced plans to remove the requirement for companies to prepare a directors’ report as part of their annual report and accounts.
FRC’s corporate reporting review flags impairment as top issue
- Article
- 06 Oct 2025
The regulator’s analysis suggests reporting quality has been maintained, with a fall in the number of restatements. However, a quality gap between the FTSE 350 and UK smaller listed companies remains.
Shaping the future of UK sustainability reporting and assurance
- Article
- 09 Sep 2025
The UK government is consulting on three major topics that will shape the future of sustainability reporting and assurance. ICAEW sets out its initial views and invites members to share their feedback.
FRC clarifies related party disclosures for small UK entities
- Article
- 01 Sep 2025
The Financial Reporting Council has provided clarification relating to the disclosure of directors’ remuneration by UK small entities applying the new FRS 102 Section 1A, effective from 1 January 2026.
Free CPD: FRS 102
- Article
- 16 Jul 2025
FRS 102 is the Financial Reporting Standard applicable in the UK and Republic of Ireland. January 2026 will see changes come into effect that are the most significant since its introduction a decade ago. Access advice and support on the changes ahead.
Government seeks views on draft UK Sustainability Reporting Standards
- Article
- 27 Jun 2025
The government has launched a consultation on the first two draft UK Sustainability Reporting Standards (UK SRS), alongside separate consultations on assurance of sustainability reporting and climate-related transition plan requirements.
IASB seeks views on IFRS 16 Leases
- Article
- 23 Jun 2025
As part of its post-implementation review of IFRS 16, the International Accounting Standards Board is inviting feedback on whether stakeholders believe the standard is broadly working as intended.
Jurisdictional profiles provide insights on ISSB adoption
- Article
- 17 Jun 2025
Overviews providing an ISSB-adoption status report in 17 jurisdictions will provide reference points for policymakers, investors and accounts preparers, says IFRS Foundation.
Share your views on draft SORP for LLPs
- Article
- 08 May 2025
CCAB is consulting on its draft Statement of Recommended Practice for accounting by Limited Liability Partnerships, with comments invited until 22 July 2025.
ICAEW publishes 2025 update to Code of Ethics
- Article
- 01 Apr 2025
Changes to ICAEW’s Code of Ethics will become effective from 1 July 2025. Members, firms and students have three months to prepare, including updates relating to professional behaviour; role and mindset; and technology.
UK company size thresholds have increased
- Article
- 12 Dec 2024
New regulations increasing company size thresholds and removing certain requirements from the Directors’ Report took effect on 6 April 2025.
FRC updates resources to reflect reporting threshold changes
- Article
- 26 Mar 2025
The Financial Reporting Council has updated relevant documents on UK reporting thresholds ahead of the changes that come into effect from 6 April.
Help shape IFRS 18 in the UK and improve cash flow statements
- Article
- 14 Jan 2025
ICAEW invites practitioners to share their views on the endorsement of IFRS 18 in the UK and how the statement of cash flows could be improved.
Company size thresholds: what are the implications?
- Article
- 01 May 2024
Monetary company size thresholds are set to rise by 50% from October 2024, affecting non-financial reporting obligations for businesses of all sizes. We take a look at the implications.
Free CPD: FRS 102
- Article
- 26 Nov 2024
FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland will see the most significant changes come into effect from January 2026 since its introduction a decade ago. Whether you need a refresh of the current standard or an understanding of the changes, this article will help you find free CPD-verifiable content that will bring you up to speed.
The future of accounting for intangibles: modernisation
- Article
- 22 Nov 2024
At a recent ICAEW event, senior figures from IASB and UKEB outlined the issues affecting the recognition of intangible assets – and explained why reform is on the horizon. In the first of two articles, we explore the key points raised.
FRC updates to UK GAAP - how to prepare
- Article
- 20 Sep 2024
The Financial Reporting Council’s new September 2024 editions of UK and Ireland financial reporting standards include changes to FRS 101 and FRS 102. ICAEW’s Corporate Reporting Faculty has resources to ensure you’re ready.
FRC thematic reviews: offsetting ‘not meeting standards’
- Article
- 13 Sep 2024
The regulator’s latest thematic reviews look at first time adoption of IFRS 17 and common errors in the reporting of offsetting.
Statement of cash flows: how to avoid common pitfalls
- Article
- 30 Jul 2024
The Corporate Reporting Faculty’s latest guide addresses cash flow statements – one of the top 10 issues in corporate reports.
ISSB announces two-year work plan
- Article
- 08 Jul 2024
The ISSB has announced that it has embarked on its two-year work plan, plus some additional developments regarding its strategic relationships that promise ‘further harmonisation’ of the disclosure landscape.
Burden of reporting puts investor relationships at risk
- Article
- 20 Jun 2024
The volume and breadth of reporting is smothering the critical dialogue between corporates and investors, experts warn.
Interoperability: new guidance highlights overlaps between ISSB and ESRS
- Article
- 11 Jun 2024
Joint paper from IFRS Foundation and EFRAG arms preparers of sustainability reports with practical advice on how to comply with both sets of standards at once and reduce reporting burden.
IASB publishes IFRS 18
- Article
- 10 Apr 2024
The IASB’s latest IFRS Accounting Standard, IFRS 18 Presentation and Disclosure in Financial Statements, focuses on new requirements for the statement of profit or loss.
Finance function key to materiality testing
- Article
- 09 Apr 2024
Bringing accountants into materiality testing early on is vital not just for better reporting, but more effective ESG strategies, consultancy says.
New revenue recognition model for FRS 102 and FRS 105
- Article
- 28 Mar 2024
The FRC has issued its latest amendments to UK GAAP, introducing a five-step model for revenue recognition and on-balance sheet recognition for most leases by lessees to FRS 102.
Just 8% of SMEs reporting on sustainability issues
- Article
- 14 Dec 2023
Amid growing demand for sustainability data from companies of all sizes, small and medium firms are hitting cost and complexity barriers, new research finds.
Cross-sector ESRS adoption paves way for CSRD implementation
- Article
- 27 Oct 2023
Cornerstone package of sustainability reporting standards holds off an 11th-hour parliamentary challenge to pass through its final scrutiny period and take legal effect.
ISSB standards: the right solution for the UK
- Article
- 24 Oct 2023
ICAEW highlights benefits of the UK adopting IFRS Sustainability Disclosure Standards in response to TAC’s call for evidence.
Government withdraws draft corporate reporting regulations
- Article
- 18 Oct 2023
Decision to abandon new rules for large UK listed and private companies signals an end to UK audit and corporate governance reform initiated after the demise of Carillion, ICAEW warns.
Standard setters highlight concerns in letter to ISSB
- Article
- 12 Oct 2023
National standard setters flag connectivity with accounting standards, the ISSB’s strategic roadmap and implementation priority as areas in particular need of attention.
Transition Plan Taskforce delivers Disclosure Framework
- Article
- 06 Oct 2023
The Transition Plan Taskforce (TPT) has released its best practice Disclosure Framework for climate transition plans.
Commission floats changes to EU business-size brackets
- Article
- 05 Oct 2023
Proposed adjustments to category criteria in line with recent surge of inflation would help the EU towards goal of reducing corporate reporting obligations by 25%.
‘Streamline, align, refine’ for better non-financial reporting
- Article
- 18 Sep 2023
In its response to the government’s call for evidence on non-financial reporting, ICAEW has outlined how it would like the UK government to develop and improve its reporting framework.
Must accounting standards change to meet SDG targets?
- Article
- 18 Sep 2023
The UN Sustainable Development Goals were created in 2015 as global targets for social, environmental and economic improvements to aim for by 2030. Halfway to that date, what progress have we made?
Need to know: Economic Crime Bill and Companies House reform
- Article
- 01 Sep 2023
As the Economic Crime and Transparency Bill enters the final stages in the parliamentary process, ICAEW Insights recaps how the flagship legislation to tackle money laundering and reform Companies House will impact accountants and businesses.
ISSB must prioritise IFRS S1 and S2
- Article
- 25 Aug 2023
In its response to the ISSB’s call for opinions on its agenda priorities, ICAEW stresses the importance of prioritising the implementation of IFRS S1 and S2.
Free CPD: Where to start with sustainability reporting
- Article
- 22 Aug 2023
As more organisations undertake sustainability reporting, they are looking to finance teams for support. ICAEW membership provides access to a range of resources to help you get to grips with the essentials.
IFRS Foundation reveals streamlining between IFRS S2 and TCFD
- Article
- 14 Aug 2023
Analysis by the IFRS Foundation shows consistency between IFRS S2 Climate-related Disclosures and four core recommendations and 11 recommended disclosures published by the TCFD.
CCAB publishes updated draft of LLP SORP
- Article
- 10 Aug 2023
Draft LLPs Statement of Recommended Practice follows stakeholder feedback from the 2021 consultation, guidance in a number of areas affecting the financial statements of LLPs.
Consultation opens on global sustainability assurance standard
- Article
- 03 Aug 2023
The International Auditing and Assurance Standards Board (IAASB) is calling on anyone involved with preparing, using and regulating sustainability reports to feedback on its proposed International Standard on Sustainability Assurance – ISSA 5000.
European Sustainability Reporting Standards greenlit by Commission
- Article
- 01 Aug 2023
The EU Commission has formally adopted new standards for sustainability reporting which are set to come into effect for large, listed companies from 2024.
Financial Reporting Council appoints new CEO
- Article
- 31 Jul 2023
Former CAA chief Richard Moriarty will be taking the helm at the FRC and leading its transformation into the new Audit, Reporting and Governance Authority.
IFRS 15 goes under microscope in four-month consultation
- Article
- 25 Jul 2023
IASB review seeks stakeholders’ views on whether revenue recognition standard is working as it should – with costs and benefits of implementation a central concern.
Proposals strengthen big business assurance and resilience claims
- Article
- 20 Jul 2023
Long-awaited audit and corporate governance proposals are put forward by government, but missing elements of the reform jigsaw – including ARGA establishment and PIE definition – still needed, ICAEW warns.
ISSB issues first sustainability disclosure standards
- Article
- 26 Jun 2023
Corporate reporting has taken a major step forward today as the International Sustainability Standards Board (ISSB) published two IFRS Sustainability Disclosure Standards which aim to boost transparency in ESG information published by companies.
FRC seeks Chair for UK Sustainability Disclosure TAC
- Article
- 12 Jun 2023
As activity around non-financial reporting rules increases, candidates are sought for the role of Chair of the advisory committee, as well as members.
Getting the data right for impact investing
- Article
- 07 Jun 2023
As we reach consensus around sustainability reporting standards, impact investors have done a great deal to define what good data looks like.
Government call for evidence on non-financial reporting
- Article
- 06 Jun 2023
A major review of the UK’s corporate reporting framework is to consider rationalising current reporting requirements
ISSB work plan floats pathway towards integrated reporting
- Article
- 02 Jun 2023
Consultation proposal notes that a more cohesive and efficient approach to corporate reporting would boost the quality of data available to the investment community.
SEC Commissioner: IFRS cannot lose sight of core role
- Article
- 18 May 2023
In his only UK speech during his visit last week, the US Securities and Exchange Commission’s Mark T Uyeda stressed the importance of a focus on accounting standards in his keynote address at Chartered Accountants’ Hall.
Displaying 1-50 of 176 results