Corporate Reporting Faculty highlights
Exclusive
IFRS 17 Insurance Contracts for non-insurers – do you have contracts that fall within its scope?
- Helpsheets and support
- 20 Feb 2023
This guide helps non-insurers determine whether, and to what extent, they may be affected by the standard.
Exclusive
Planning for the 2022/23 reporting season
- Helpsheets and support
- 08 Dec 2022
This guide sets out the areas of reporting that may require more attention than in previous years. It also considers the impact of an uncertain economic environment on the accounts.
Exclusive
How high inflation impacts accounting
- Article
- 05 Dec 2022
As inflation increases after a sustained period of low inflation, companies are now having to consider the impact high inflation has on their financial reporting and related uncertainties.
Exclusive
Going concern considerations – a guide for FRS 102 preparers
- Helpsheets and support
- 06 Sep 2022
Factors to consider when doing a going concern assessment and the practical implications for financial reporting.
Exclusive
Going concern considerations – a guide for FRS 105 preparers
- Helpsheets and support
- 06 Sep 2022
Factors for preparers of micro-entity accounts to consider when doing a going concern assessment and the practical implications for financial reporting.
Exclusive
Going concern considerations - a guide for IFRS reporters
- Helpsheets and support
- 06 Sep 2022
This guide summarises management’s responsibilities for assessing going concern and the associated practical implications for financial reporting under IFRS.
Improvement needed on discount rates disclosures, FRC warns
- Article
- 16 Jun 2022
The regulator’s latest thematic review identifies common challenges in the reporting of discount rates based on analysis of annual reports.
Exclusive
Financial instruments: FRS 102 factsheet
- Helpsheets and support
- 03 Jan 2023
- PDF (500kb)
Summarising the requirements of FRS 102 for basic and other financial instruments, this factsheet includes practical tips and illustrative examples.
Latest news and insights
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.
