The Financial Conduct Authority (FCA) has criticised the quality of environmental, social and governance (ESG) reporting disclosures, flagging a risk of greenwashing
FTSE listed Pressure Technologies has flagged a delay to the year end financial statements due to a failure to comply with revenue recognition reporting rules under IFRS 15
The International Accounting Standards Board (IASB) plans narrow scope amendments to clarify the classification and measurement requirements for IFRS 7 and IFRS 9 Financial Instruments following feedback from stakeholders
The Levelling Up, Housing and Communities (LUHC) Committee has launched an inquiry into financial reporting and audit in local authorities as the majority of audits are filed late and more councils declare financial failings
In this month’s legal updates, Sophie Brookes and Debbie Shaw, Gateley, reviews rulings validity of signature in an email in Hudson v Hathaway and test of reasonableness in Benkert cases
The majority of accounting and finance professionals are concerned about the accuracy of their company’s monthly financial statements and stress of month end close
The Financial Reporting Council (FRC) has published a review of the Big Four audit firms’ methodology around IFRS 9 Financial Instruments, focusing on banking audits
A standalone independent football regulator will be set up to help prevent a repeat of financial failings at clubs like Derby County and Bury, with tough financial rules and ownership integrity tests
The International Sustainability Standards Board (ISSB) has agreed all the technical content of its initial standards with rules to come into effect from 2024
The US Securities and Exchange Commission (SEC) has fined Ensign Peak Advisers Inc over disclosure failings and misstated filings related to Church's $32bn investment portfolio
Confusion about expectations and understanding of corporate governance and stewardship sees the regulator issue a detailed factsheet explaining duties and responsibilities
