Accounting

Accounting | Legal updates: May 2022

In this month’s legal updates, Sophie Brookes, partner and Debbie Shaw, director at Gateley, examine rulings on contractual variation clause, financial promotion restrictions and plans for a register of overseas property owners

3 May 2022

Accounting | Company directorships: corporate criminal risks - part 3

In the third of a three-part series, Simon Fawell, Paul Brehony and Kate Gee at Signature Litigation LLP focus on the steeply heightened risks directors face from tough corporate criminal liability rules

26 Apr 2022

Accounting | Boardrooms must do more to eradicate modern slavery

Reporting on the risks of modern slavery by listed companies is fragmented, lacks a clear focus and narrative, and often contains boilerplate language

25 Apr 2022

Accounting | ISQM (UK) 1 and the risk assessment process

As firms begin to realise the fast approaching deadline of complying with new requirements under quality management standard ISQM (UK) 1, Helen MacNeill FCA and Sarah Baxendale FCA look in more detail at the risk assessment process

20 Apr 2022

Accounting standards

Accounting | Mandatory climate reporting for biggest companies starts

From 6 April 2022, over 1,300 of the largest UK-registered companies, LLPs and financial institutions will have to disclose climate-related financial information on a mandatory basis

6 Apr 2022

Accounting | FRC plans outreach before finalising FRS 102 review

The Financial Reporting Council (FRC) plans to consult on possible amendments to UK GAAP in September following a series of roundtables with stakeholders

6 Apr 2022

Accounting standards

UK GAAP

Accounting | IFRS Foundation reports £354k loss

The IFRS Foundation has reported a loss before tax of £354,000 for 2021 against a profit of £2.91m in 2020 as a result of recognising a deferred tax charge

6 Apr 2022

Accounting | Treasury to regulate cryptocurrency stablecoins

The government plans to regulate stablecoins cryptocurrency as part of a wider aim to make the UK a hub for digital payment companies

5 Apr 2022

Accounting | UKEB plans intangible assets review

The UK Endorsement Board (UKEB) is undertaking a comprehensive research project to consider how the accounting for, and reporting of, intangible assets could be improved

4 Apr 2022

IFRS

Consultations

Accounting | Financial reporting priorities for 2022 – video available

In our regular series of Accountancy Daily videos, Croner-i head of accounting content, Julia Bowyer, gives a snapshot of key developments in accounting this year

1 Apr 2022

Accounting | Legal updates: April 2022

In this month’s legal updates, Sophie Brookes and Debbie Shaw of Gateley plc examine non-compete restrictive covenants, company's articles of association and transparency of property ownership

1 Apr 2022

Consultations

Accounting | ISSB consults on sustainability reporting standards

The International Sustainability Standards Board (ISSB) has launched a consultation on its first two standards on sustainability and climate-related disclosure requirements

31 Mar 2022

Consultations

Accounting | IFRS for SME rules on revenue recognition under review

At a meeting of the International Accounting Standards Board (IASB), members of the IFRS for SMEs working group discussed possible simplifications to the accounting rules

30 Mar 2022

Accounting standards

IFRS

Accounting | Russian sanctions and accountants’ responsibilities

Donna Stofberg ACA examines the various compliance requirements for accountants to follow to ensure that sanctions against Russia are not contravened, including year end reporting and audit advice

30 Mar 2022

Accounting | Company directorships: ESG and the risks of private actions - part 2

In the second of a three-part series looking at some of the key areas for directors to keep front of mind, Simon Fawell and Paul Brehony, partners, and Kate Gee, counsel at Signature Litigation LLP, focus on heightened risk to directors from external claims by shareholders and investors

28 Mar 2022