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Financial reporting news and insights

Discover the latest news and developments in financial reporting from ICAEW’s Financial Reporting Faculty.

IASB issues IFRS 17 amendments

3 July 2020: The amended IFRS 17 standard is now effective for annual periods beginning on or after 1 January 2023 with earlier application permitted, writes ICAEW’s Zsuzsanna Schiff.

The Going Concern Hub: where to start

26 June 2020: ICAEW has compiled a number of resources around going concern to support members in business and practice during these challenging times. Here are some links to start off with.

Financial reporting in a time of crisis

26 June 2020: ICAEW CEO Michael Izza explains the importance of going concern for auditing the effects of COVID-19, and how the Institute is supporting members with new resources.

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