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
- 05 Jan 2023
- PDF (495kb)
Summarising the requirements of FRS 102 for basic and other financial instruments, this factsheet includes practical tips and illustrative examples.
Latest news and insights
Masterclass 4: Understanding differences in reporting standards
- Article
- 30 Oct 2024
Jenny Blewett FCA, Head of Finance at Costello Medical shows how she has used generative AI to help her transition from reporting under IFRS to UK GAAP.
B20: three critical tasks for the accountancy profession
- Article
- 25 Oct 2024
ICAEW is a network partner to global business summit B20’s Integrity and Compliance task force, which has highlighted key areas for the profession’s scrutiny.
ICAEW: weak public finances put under further strain
- Article
- 25 Oct 2024
Commenting on the public sector finance release for September 2024 published by the Office for National Statistics today (Tuesday 22 October 2024)
Sustainability assurance market faces quality and regulatory challenges
- Article
- 21 Oct 2024
Initial findings from an FRC study highlight market immaturity, quality inconsistencies and the need for a clear regulatory framework, against a backdrop of increasing demand for sustainability assurance services.
UK company size thresholds changes to go ahead
- Article
- 18 Oct 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.
Consumer Duty: the FCA’s review of payment firms
- Article
- 16 Oct 2024
FCA analysis of how firms in the payments sector implement the Consumer Duty provides useful pointers on ensuring customer outcomes are prioritised according to the new regulatory framework. Polly Tsang explains.
How to embed Nature as a stakeholder in your business
- Article
- 15 Oct 2024
Embedding nature as a stakeholder in your business could allow you to better fulfil your ESG obligations, directors’ duties and sustainability reporting responsibilities. But how does it work?
