The trial of two former Tesco directors on charges of fraud and false accounting, related to the discovery of a £250m ‘black hole’ in the retailer’s accounts, has collapsed after the judge dismissed the case due to lack of evidence

Companies house has issued guidance that United Nations (UN) sanctions have led to extra checks on applications to register some corporate bodies in order to ascertain if ‘designated persons’ (DPs) are involved

Helena Wilkinson FCA, partner at Price Bailey, examines the changes brought in by Financial Reporting Standard (FRS) 102 and what they mean for charities when it comes to recording donations in their accounts

This article, the last in our series on charity accounts, will focus on cost allocation and outlines which costs should fall under which headings as well as outlining the various problems that arise with cost allocation in company accounts

Royal Dutch Shell has responded to shareholder pressure to meet climate change goals, and is to set specific net carbon footprint targets which will be linked to executive remuneration, the oil giant has announced

In his first speech as chairman of the IFRS foundation trustees, Erkki Liikanen has welcomed the outcome of the EU ‘fitness check’ on IFRS standards, and the emphasis on not requesting ‘carve outs’ from International Accounting Standards Board (IASB) requirements

In this month’s roundup of accounting and reporting developments, Companies Act 2006 amended for post-Brexit scenario, profit warning at Yü Group, Housing SORP 2018 issued, IFRS 17 Insurance Contracts delayed and poor quality disclosure reporting at smaller listed entities

In this month's legal updates, experts at law firm Gateley plc explain revised guidance for company directors under amendments to s172 duty of Companies Act 2006, employer liability for data breach by disgruntled employee in Morrisons, oligarchs battle over right of first refusal in United Co Rusal plc and extending personal liability in whistleblowing claims

Companies House has announced its online services will not be available on Saturday, 1 December, due to essential maintenance

The gambling regulator has taken action, including imposing nearly £14m in penalties, against online casino companies and their senior management, as part of an ongoing investigation into the way the industry combats money laundering and problem gambling

Mark Chadwick, CEO of EcoAct UK, examines global sustainability reporting trends, the growing pressure on the financial sector to adequately account for climate risk, and how companies are applying climate reporting to their business models

As 2018 draws to a close, Jeroen Van Doorsselaere discusses the long-term plans of the International Accounting Standards Board (IASB), the work it is doing on materiality, and its collaboration with other boards to develop a global common set of standards

A specialist taskforce on disclosures about expected credit losses has published ‘stretching’ recommendations for the UK's biggest banks in meeting requirements under IFRS 9 Financial Instruments, which will have a significant effect on how they calculate loan loss provisions

Less than half (44%) of the largest European companies explain in their management reports how their business models are affected by climate change or environmental challenges, a review of company reporting under the EU’s environmental reporting law has found

The Charities SORP Committee is consulting on how best to reform the process for developing the Charities Statement of Recommended Practice (SORP), which sets the accounting framework for charities