Displaying 1-50 of 175 results
Burden of reporting puts investor relationships at risk
- Article
- 20 Jun 2024
The volume and breadth of reporting is smothering the critical dialogue between corporates and investors, experts warn.
Free CPD: FRS 102
- Article
- 10 Jun 2024
FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland has seen several, relatively minor, amendments since being introduced in 2015. More significant changes, however, take effect from January 2026 following the second, comprehensive, periodic review of the standard. This article will help you find free CPD-verifiable content that will bring you up to speed.
Mark Rhys celebrates tenure as ICAEW President
- Article
- 05 Jun 2024
As Mark Rhys’s tenure as President draws to a close, his year in office has been marked by significant achievements and concludes with a clear vision for the future. The profession must continue evolving to remain relevant and trusted, Rhys says.
Influencing policy to support you: May 2024
- Article
- 31 May 2024
ICAEW has been meeting with MPs to discuss economic growth and the opportunities offered by technology, as well as giving evidence to parliament on audit reform and the effectiveness of sanctions on Russia.
Sustainability assurance under the spotlight
- Article
- 30 May 2024
ICAEW’s audit and assurance conference, taking place next month, will focus on sustainability assurance in recognition of the vital role it plays in enhancing trust in business.
IASB floats amendments for renewable electricity contracts
- Article
- 23 May 2024
Rule changes aim to improve the relevance of financial statements on renewable electricity contracts, as more and more companies transition to clean power sources.
The enduring role of the accountant
- Article
- 22 May 2024
In his speech at the recent ICAEW Annual Dinner at Chartered Accountants' Hall, ICAEW President Mark Rhys outlined the continuing relevancy of accountancy to some of the biggest global challenges, and the need for the profession to continue to evolve.
Government delivers timeline for S1 and S2 endorsement
- Article
- 20 May 2024
Dates for endorsement of the International Sustainability Standards Board’s IFRS S1 and IFRS S2 standards announced, ending speculation over timescales for new reporting requirements.
How ICAEW is shaping sustainability standard setting
- Article
- 17 May 2024
A major ICAEW report reflects on the lessons to be learned from the experience of accounting standard setting to shape the development of future sustainability reporting standards.
Global finance teams failing to integrate sustainability
- Article
- 14 May 2024
Rather than waiting for ‘perfect tools’, CFOs and finance teams need to start including sustainability questions into their systems and controls, experts warn.
IASB publishes IFRS 19
- Article
- 10 May 2024
The IASB’s voluntary new IFRS Accounting Standard, IFRS 19, aims to simplify the group reporting process for eligible subsidiaries.
Corporate data: a new type of intangible
- Article
- 08 May 2024
Research by ICAEW and the China Accounting Standard Committee highlights the challenges of accounting for corporate data resources and suggests a new framework for their treatment in financial statements.
A-Track: €11m nature project launched
- Article
- 07 May 2024
Ambitious four-year project will help to align decision-making by businesses and governments with the transition to a nature-positive economy.
IASB launches review of accounting for intangibles
- Article
- 03 May 2024
The International Accounting Standards Board is considering whether IFRS Accounting Standard requirements for intangible assets remain relevant today, following concerns from stakeholders.
Company size thresholds: what are the implications?
- Article
- 01 May 2024
Monetary company size thresholds are set to rise by 50% from October 2024, affecting non-financial reporting obligations for businesses of all sizes. We take a look at the implications.
ISSB to assess nature and human capital risks and opportunities
- Article
- 01 May 2024
International Sustainability Standards Board launches two projects to research disclosure on risks and opportunities associated with nature and human capital, amid calls for improvements from investors.
IFRS S2 Climate-related Disclosures: your questions answered
- Article
- 29 Apr 2024
Since publication of the IFRS Sustainability Disclosure Standard, IFRS S2 Climate-related Disclosures in June 2023, thoughts have turned to what it means for organisations. We answer some common questions.
Summary of IPSASB March 2024 meeting
- Article
- 12 Apr 2024
The International Public Sector Accounting Standards Board (IPSASB) held their first meeting of the year in New York with a number of interesting projects to report back on, including sustainability reporting and presentation of financial statements.
TPT publishes guidance on securing transition finance
- Article
- 11 Apr 2024
Expert body’s final batch of advice provides companies in every sector with insights on how to attract investment to support their journey to net zero.
IASB publishes IFRS 18
- Article
- 10 Apr 2024
The IASB’s latest IFRS Accounting Standard, IFRS 18 Presentation and Disclosure in Financial Statements, focuses on new requirements for the statement of profit or loss.
Finance function key to materiality testing
- Article
- 09 Apr 2024
Bringing accountants into materiality testing early on is vital not just for better reporting, but more effective ESG strategies, consultancy says.
Strategic Finance Network Group
- Article
- 08 Apr 2024
The first face-to-face meeting of the Strategic Finance Network Group tackled the fascinating subject of ‘Influencing Upwards’ at an event hosted by ICAEW at Chartered Accountants Hall.
How core accountancy skills are key to ESG
- Article
- 04 Apr 2024
While there still may be much to learn, accountants have the best foundational skills to be able to take on ESG and non-financial reporting work.
New revenue recognition model for FRS 102 and FRS 105
- Article
- 28 Mar 2024
The FRC has issued its latest amendments to UK GAAP, introducing a five-step model for revenue recognition and on-balance sheet recognition for most leases by lessees to FRS 102.
IASB outlines plans for better acquisitions reporting
- Article
- 26 Mar 2024
International Accounting Standards Board issues exposure draft setting out proposals for improved acquisitions reporting, in response to concerns from stakeholders.
SEC standardises climate-related disclosures for investors
- Article
- 20 Mar 2024
The US Securities and Exchange Commission has clarified its climate-related disclosures rules after a lengthy deliberation period.
UK company size thresholds to rise
- Article
- 19 Mar 2024
The monetary thresholds that determine company size are being raised by 50% as part of a drive to cut complexity and burden from legislative reporting requirements.
Zurich Insurance Group on the sustainability reporting challenge
- Article
- 18 Mar 2024
Karthik Thilak, Group Head of Financial Accounting and Reporting at one of the world’s biggest insurers, explains its approach to sustainability reporting, which puts accountants at the heart of the process.
How AI is blazing a trail in ESG reporting
- Article
- 08 Mar 2024
Businesses are seeking the aid of artificial intelligence to drive efficiencies in their ESG reporting work – but users should be aware of some crucial caveats.
Changes to accounts preparation and filing requirements
- Article
- 24 Jan 2024
As well as measures to tackle economic crime, the new Economic Crime and Corporate Transparency Act aims to improve information held on the UK companies register.
FASB issues crypto asset standard
- Article
- 23 Jan 2024
New requirements will create a divergence from the current requirements of IFRS Accounting Standards and UK GAAP.
ICAEW backs purpose-led reporting requirements for Scope 3
- Article
- 09 Jan 2024
As stakeholder demands for organisations to report on Scope 3 information ramp up, reporting challenges include the potential for significant error, ICAEW warns.
2024 - a year of major change
- Article
- 02 Jan 2024
Several general elections across the globe have great implications for the profession in 2024. But those are not the only changes that will affect accountants.
Just 8% of SMEs reporting on sustainability issues
- Article
- 14 Dec 2023
Amid growing demand for sustainability data from companies of all sizes, small and medium firms are hitting cost and complexity barriers, new research finds.
Accountants must redouble net zero efforts, A4S warns
- Article
- 29 Nov 2023
Accounting for Sustainability says directors are still in the early stages of having the right information, capabilities and tools to ensure sustainability targets become action.
Cross-sector ESRS adoption paves way for CSRD implementation
- Article
- 27 Oct 2023
Cornerstone package of sustainability reporting standards holds off an 11th-hour parliamentary challenge to pass through its final scrutiny period and take legal effect.
ISSB standards: the right solution for the UK
- Article
- 24 Oct 2023
ICAEW highlights benefits of the UK adopting IFRS Sustainability Disclosure Standards in response to TAC’s call for evidence.
Government withdraws draft corporate reporting regulations
- Article
- 18 Oct 2023
Decision to abandon new rules for large UK listed and private companies signals an end to UK audit and corporate governance reform initiated after the demise of Carillion, ICAEW warns.
Standard setters highlight concerns in letter to ISSB
- Article
- 12 Oct 2023
National standard setters flag connectivity with accounting standards, the ISSB’s strategic roadmap and implementation priority as areas in particular need of attention.
International Non-Profit Accounting Guidance: second Exposure Draft
- Article
- 11 Oct 2023
Latest draft guidance covering revenue from grants and donations, grant expenses, inventories and foreign currency translation hopes to engender greater trust in the sector globally.
Transition Plan Taskforce delivers Disclosure Framework
- Article
- 06 Oct 2023
The Transition Plan Taskforce (TPT) has released its best practice Disclosure Framework for climate transition plans.
Commission floats changes to EU business-size brackets
- Article
- 05 Oct 2023
Proposed adjustments to category criteria in line with recent surge of inflation would help the EU towards goal of reducing corporate reporting obligations by 25%.
Taking the pain out of carbon measurement
- Article
- 04 Oct 2023
Ecologi’s technology solution plugs into accounting software to give companies a carbon footprint baseline from which to base an emissions reduction strategy, but measurement is only part of the challenge.
‘Streamline, align, refine’ for better non-financial reporting
- Article
- 18 Sep 2023
In its response to the government’s call for evidence on non-financial reporting, ICAEW has outlined how it would like the UK government to develop and improve its reporting framework.
Must accounting standards change to meet SDG targets?
- Article
- 18 Sep 2023
The UN Sustainable Development Goals were created in 2015 as global targets for social, environmental and economic improvements to aim for by 2030. Halfway to that date, what progress have we made?
Need to know: Economic Crime Bill and Companies House reform
- Article
- 01 Sep 2023
As the Economic Crime and Transparency Bill enters the final stages in the parliamentary process, ICAEW Insights recaps how the flagship legislation to tackle money laundering and reform Companies House will impact accountants and businesses.
ISSB must prioritise IFRS S1 and S2
- Article
- 25 Aug 2023
In its response to the ISSB’s call for opinions on its agenda priorities, ICAEW stresses the importance of prioritising the implementation of IFRS S1 and S2.
Free CPD: Where to start with sustainability reporting
- Article
- 22 Aug 2023
As more organisations undertake sustainability reporting, they are looking to finance teams for support. ICAEW membership provides access to a range of resources to help you get to grips with the essentials.
IFRS Foundation reveals streamlining between IFRS S2 and TCFD
- Article
- 14 Aug 2023
Analysis by the IFRS Foundation shows consistency between IFRS S2 Climate-related Disclosures and four core recommendations and 11 recommended disclosures published by the TCFD.
CCAB publishes updated draft of LLP SORP
- Article
- 10 Aug 2023
Draft LLPs Statement of Recommended Practice follows stakeholder feedback from the 2021 consultation, guidance in a number of areas affecting the financial statements of LLPs.
Displaying 1-50 of 175 results