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
The future of accounting for intangibles: modernisation
- Article
- 22 Nov 2024
At a recent ICAEW event, senior figures from IASB and UKEB outlined the issues affecting the recognition of intangible assets – and explained why reform is on the horizon. In the first of two articles, we explore the key points raised.
Connecting finance and sustainability: accounting for intangibles
- Article
- 15 Nov 2024
In this series of articles on the journey to connecting sustainability and finance, David Wray and Marie-Josée Privyk build on their introductory white paper by taking a deeper dive on specific topics.
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.
New guidance on voluntary application of ISSB Standards
- Article
- 14 Oct 2024
The IFRS Foundation has published guidance on voluntarily applying the ISSB Standards following urgent calls from investors for better disclosures.
FRC review unearths consistency issues in corporate reports
- Article
- 26 Sep 2024
The Financial Reporting Council’s Annual Review of Corporate Reporting continues to find recurring issues, despite maintained quality and improvements in some areas.
IASB proposes changes to the equity method
- Article
- 24 Sep 2024
IASB proposes changes to the equity method
FRC updates to UK GAAP - how to prepare
- Article
- 20 Sep 2024
The Financial Reporting Council’s new September 2024 editions of UK and Ireland financial reporting standards include changes to FRS 101 and FRS 102. ICAEW’s Corporate Reporting Faculty has resources to ensure you’re ready.
