Financial Reporting Faculty
Membership of the Financial Reporting Faculty gives you exclusive access to a suite of online factsheets, the faculty’s webinar programme, eIFRS and much more. Find out more.
As a faculty member you have exclusive access to a suite of online factsheets, the faculty’s webinar programme and events, eIFRS and much more.
We provide clear and accessible assistance across a spectrum of financial reporting issues, keeping you up to date with changing regulations and standards. Our specialist online resources range from technical briefings and factsheets, to webcasts, blogs, and IFRS and UK GAAP accounting standards, which you can tap into wherever you are in the world.
This factsheet highlights new and modified requirements effective 1 January 2020 and beyond, and includes practical guidance on recent amendments for rent concessions and IBOR reform.
This factsheet highlights new and modified requirements for preparers of IFRS accounts. The factsheet deals primarily with new IFRS requirements with mandatory application for annual periods beginning on or after 1 January 2020.
Summarising the requirements of FRS 102 for basic and other financial instruments, this factsheet includes practical tips and illustrative examples.
In this guide the Financial Reporting Faculty looks at what is different about the current reporting season and where to focus your efforts.
A summary of the key financial reporting considerations for December 2020 year-ends and beyond.
This guide identifies some key areas to consider when preparing disclosures within the annual report and accounts.
Factors to consider when doing a going concern assessment and the practical implications for financial reporting.
Factors to consider to help determine whether events are adjusting or non-adjusting in the accounts.
Exploring going concern and impairment issues for entities preparing accounts with December 2020 or early 2021 year-ends under FRS 102 and FRS 105.
Explore the accounting implications of contract modification scenarios relating to revenue, financial instruments, leases and employment contracts.
To aid preparers of accounts, a webinar summarising key findings from the FRC’s Annual Review of Corporate Reporting and recent thematic reviews.
Entities, despite not being insurers, may have contracts that fall in scope of IFRS 17 Insurance Contracts. Find out more with this webinar.
Prepare for the 2020/21 reporting season with implementation experience from the first wave of s172(1) statements.
Access to a wide range of online resources on UK GAAP accounting standards.
A synopsis of each IFRS, identifying recent amendments and which version of the standard applies to a particular period, with direct links to eIFRS.
Full access to the IASB's eIFRS resource available to Financial Reporting Faculty members.
An interview with Pauline Wallace, Chair of the UK Accounting Standards Endorsement Board. Plus non-financial reporting, reporting in times of uncertainty, insurance contracts, the future direction of FRS 102 and more.
An interview with Sir Jon Thompson, Chief Executive of the FRC as he leads the regulator's transformation. Plus articles on s172(1) statements, reverse factoring, energy and carbon reporting and accounting for climate change under UK GAAP.
Discover the latest news and developments in financial reporting from ICAEW’s Financial Reporting Faculty.
The 2020 PD Leake lecture, given by Dr Miguel Minutti-Meza, Miami Herbert Business School, with a response from Allister Wilson, Assurance Partner at EY.
There is a pressing need to expedite the sustainable rebuilding of economies the world over, including in Europe. The COVID-19 pandemic has battered human, social and economic capital across the globe. In responding to the virus and charting a post-coronavirus recovery path, we cannot lose sight of the wider unfolding picture of climate emergency, massive biodiversity loss and increasing inequality.
View videos and academic papers from the 2019 Information for Better Markets conference on ‘The real effects of financial reporting’.