Displaying 1-50 of 218 results
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.
EFRAG unveils fast-track plan to simplify ESRS
- Article
- 02 May 2025
As the European Commission moves ahead with its push to simplify sustainability reporting in the EU, EFRAG submits its timeframe for providing technical advice on revising ESRS.
FRC review highlights digital reporting flaws
- Article
- 01 May 2025
Digital annual reporting underpins investor and broader stakeholder confidence in UK listed companies, but its more complex aspects pose challenges to companies required to report digitally by the FCA.
Influencing policy to support you: April 2025
- Article
- 30 Apr 2025
This month, ICAEW has been working to share members’ thoughts with policymakers on the potential impacts of the Employment Rights Bill, reactions to US trade tariffs and recognition of professional services in the UK’s Industrial Strategy.
How a CEO’s pay package influences corporate culture
- Article
- 15 Apr 2025
The composition of a CEO’s pay deal can have a direct effect on how a company behaves. Aligning remuneration with corporate operations is key.
Finance and sustainability: applying the materiality principle for accountants
- Article
- 11 Apr 2025
In part two of their article, David Wray and Marie-Josée Privyk look at how accounting professionals can apply the materiality principle to produce general purpose financial reports that include both financial and sustainability-related information.
Applying the materiality of information principle
- Article
- 09 Apr 2025
In part one of a two-part article on how accountants should navigate the application of the materiality principle to produce financial reports including both financial and sustainability-related information, David Wray and Marie-Josée Privyk unpack the different scope of materiality for sustainability-related information.
EU Parliament votes through CSRD and CSDDD delay
- Article
- 04 Apr 2025
The vote confirms the postponement of the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive by two years and one year respectively.
ICAEW publishes 2025 update to Code of Ethics
- Article
- 10 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.
Quality of large company cyber disclosures lacking, study finds
- Article
- 28 Mar 2025
Research highlights concerns about the fine line between quality reporting on cyber threats and placing information in the public domain that could be used as the basis of a cyber attack.
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.
Helping you prepare for major changes to UK GAAP
- Article
- 25 Mar 2025
The upcoming changes to UK GAAP, effective from 2026, are the most significant in a decade. ICAEW has a range of resources to help practitioners prepare, including guidance, webinars and a chance to hear directly from the standard setter at our Corporate Reporting Conference.
Proposed public sector accounting standards ‘could encourage greenwashing’
- Article
- 25 Mar 2025
The narrow definition of climate-related public policy programmes in the International Public Sector Accounting Standards Board’s latest exposure draft could increase the risk of greenwashing, warns CIPFA and ICAEW.
UKEB seeks stakeholder engagement on IFRS 18
- Article
- 14 Mar 2025
Stakeholders are invited to follow the UK Endorsement Board’s final review of IFRS 18 Presentation and Disclosure in Financial Statements ahead of public consultation.
Sustainability assurance: understanding ISSA 5000
- Article
- 10 Mar 2025
It is more important than ever to ensure that finance professionals are faithfully monitoring company sustainability assurance and reporting so that stakeholders and governments can judge businesses’ ability to reach their UN Sustainability Goals, Malcolm Bacchus, ICAEW President, told a gathering of accountants this week.
Timeline for Companies House ID changes
- Article
- 14 Mar 2025
Changes to identity verification requirements for company directors, and individuals with significant control, come into effect from 8 April 2025 on a voluntary basis. Mandatory ID verification comes in for new appointments and incorporations from autumn 2025, which also marks the start of a 12-month transition period for existing directors to complete ID verification.
How AI can improve sustainability assurance
- Article
- 05 Mar 2025
Case study: ekointelligence is a generative AI tool, developed in part by chartered accountants, that can digest and review all environmental statements published by an organisation.
Euro ‘omnibus’ proposal reveals softer CSRD and CSDDD
- Article
- 04 Mar 2025
The European Commission’s omnibus proposal waters down European sustainability reporting and assurance rules within CSRD, CSDDD and CBAM.
IASB publishes third edition of IFRS for SMEs Accounting standard
- Article
- 28 Feb 2025
Revised SMEs Accounting Standard enhances alignment with IFRS Accounting Standards while incorporating targeted modifications to ensure it remains relevant and simplified for SMEs.
Influencing policy to support you: February 2025
- Article
- 27 Feb 2025
ICAEW representatives met with the Prime Minister’s business adviser and engaged with the Parliamentary Business and Trade Committee on industrial strategy this month, as well as sharing members’ views on technology and trade with ministers.
Key questions to align transition and financial planning
- Article
- 26 Feb 2025
A new paper from A4S and ICAEW outlines how organisations can get started when it comes to aligning financial planning and transition planning.
How to build the case for sustainability service lines
- Article
- 17 Feb 2025
This second unit in ICAEW’s new, free e-learning programme focuses on building the business case for sustainability, including for practices considering new ESG service lines.
FRC sets out sustainability assurance market recommendations
- Article
- 10 Feb 2025
A clear UK policy framework, a unified regulatory regime and improved information on the quality of sustainability assurance among the actions outlined by the regulator.
Sustainability reporting: building trust and credibility
- Article
- 07 Feb 2025
The potential for an internationally agreed baseline on which to build the sustainability reporting ecosystem is within reach, says IAASB Chair Tom Seidenstein, but collaboration is key.
Why accountants are critical for ESG accounting
- Article
- 03 Feb 2025
Addressing the World Forum of Accountants, ICAEW President Malcolm Bacchus highlighted the need for collaboration in developing ESG accounting that is needed for a sustainable future.
Influencing policy to support you: January 2025
- Article
- 30 Jan 2025
ICAEW has made submissions to the government’s financial services and trade strategy consultations, and met MPs to discuss industrial strategy, proposed changes to apprenticeship funding and plans for growth.
FRC review benchmarks climate-related financial disclosures
- Article
- 29 Jan 2025
Review of companies that have undergone the first cycle of mandatory reporting highlights areas for improvement and calls for clear, concise and entity-specific disclosures.
IASB issues amendments to IFRS 9 and IFRS 7
- Article
- 15 Jan 2025
The International Accounting Standards Board has amended IFRS 9 and IFRS 7 to address accounting for nature-dependent electricity contracts.
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.
Willow Review aims to boost SMEs’ sustainability know-how
- Article
- 14 Jan 2025
Following the recent launch of an independent review to help small businesses get to grips with sustainability, Co-Chair Michelle Ovens CBE outlines the project’s drive and focus.
A4S unveils guide on making business case for nature
- Article
- 10 Jan 2025
The first in a new series of guides from Accounting for Sustainability urges finance teams to highlight nature as the foundation on which all companies depend to create value.
Advisory committee recommends UK adoption of IFRS S1 and S2
- Article
- 20 Dec 2024
The UK Sustainability Disclosure Technical Advisory Committee is to recommend UK adoption of IFRS S1 and IFRS S2 with minimal amendments.
Chart of the week: Commonwealth of Australia balance sheet
- Article
- 20 Dec 2024
Our chart this week heads down under for some warmer weather and to take a look at the Australian federal government balance sheet in its recently published consolidated financial statements for the year ended 30 June 2024.
The challenges of CSRD compliance
- Article
- 19 Dec 2024
As sustainability reporting requirements under the EU’s CSRD are rolled out, we look at how companies, member states and regulatory bodies are preparing for implementation.
ESG reporting now ‘business as usual’ for top companies
- Article
- 17 Dec 2024
KPMG’s global survey reveals that 95% of the world’s biggest corporations are now publishing carbon targets, while more than half have a sustainability leader.
FRC issues draft amendments to FRS 101 Reduced Disclosure Framework
- Article
- 17 Dec 2024
The FRC has proposed changes that it says will ensure FRS 101 will continue to provide cost-effective disclosure reductions for those entities applying the standard.
Chart of the week: UK public sector pension liabilities
- Article
- 13 Dec 2024
Our chart this week looks at how public sector net pension obligations reduced by £1.2tn from £2.6tn to £1.4tn during the financial year ended 31 March 2023 as a consequence of a sharply rising discount rate.
UK company size thresholds have increased
- Article
- 07 Apr 2025
New regulations increasing company size thresholds and removing certain requirements from the Directors’ Report took effect on 6 April 2025.
UK company size thresholds have increased
- Article
- 07 Apr 2025
New regulations increasing company size thresholds and removing certain requirements from the Directors’ Report took effect on 6 April 2025.
Proposed public-sector sustainability standard takes broad approach
- Article
- 10 Dec 2024
ICAEW’s Public Sector team examines a draft climate-related disclosures standard, setting a global baseline for public sector ESG reporting. How does it compare with IFRS S2 and GRI?
Corporate governance reporting under spotlight in FRC review
- Article
- 09 Dec 2024
Corporate governance reporting review flags a need for more concise, outcomes-focused disclosure and enhanced reporting on risk management and internal controls.
Sustainability reporting: why standards matter
- Article
- 09 Dec 2024
As a recent ICAEW report reflects on what sustainability standard-setters can learn from their accounting counterparts, we talk to three sustainability reporting experts about what has been achieved so far and what might happen in the future.
Sustainability disclosures still lacking, progress report finds
- Article
- 27 Nov 2024
Investors are still not receiving the information they need to assess and price climate-related risks and opportunities, IFRS Foundation warns.
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: members’ insights
- Article
- 25 Nov 2024
What do members think the IASB should focus on in its landmark research project on intangibles? A recent ICAEW event enabled them to put forward their views.
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.
BDO’s Ethics Watermark tackles AI’s new frontier
- Article
- 13 Nov 2024
BDO senior leaders reveal to ICAEW members how the firm’s ‘ethics by design’ framework is meeting the artificial intelligence challenge.
AI: It’s only as good as the data you feed it
- Article
- 30 Oct 2024
Without a well-managed body of subject-specific data at its core, an AI tool in your firm will not be able to help your clients properly, an insolvency practitioner explains.
UK company size thresholds changes to go ahead
- Article
- 12 Dec 2024
The new government has confirmed that it will be continuing with legislation to increase company size thresholds but it will not, at this time, be taking forward proposals reducing reporting requirements for medium-sized companies.
How to prepare for UK GAAP changes
- Article
- 17 Oct 2024
With just 15 months until implementation of most of the Periodic Review 2024 amendments to UK GAAP, the Corporate Reporting Faculty’s recent event brought faculty members together to learn about the changes and consider practical implications.
Displaying 1-50 of 218 results