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Financial reporting news and insights

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

2020 UK GAAP Accounts

11 November 2020: 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.

ESMA identifies German supervisory failings in Wirecard case

11 November 2020: A peer review report issued by the European Securities and Markets Authority has highlighted important deficiencies in the German supervision of Wirecard’s financial reporting. The findings feed into a broader reflection on the state of the EU’s supervisory architecture.

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