The International Accounting Standards Board (IASB) is proposing a new approach to developing disclosure requirements in International Financial Reporting Standards (IFRS) and is inviting preparers of financial statements to participate in the fieldwork to test the ideas

The International Accounting Standards Board (IASB) has issued ‘targeted amendments’ to IAS 12, Income Taxes, clarifying how companies should account for deferred tax on transactions such as leases and decommissioning obligations

Plans for the creation of a new sustainability standards board are progressing as the trustees of the IFRS Foundation launch a consultation on proposed amendments to the constitution of the Foundation to set out a framework for the formation of a new International Sustainability Standards Board (ISSB)

Helena Wilkinson BSc DChA FCA and Iain Storey FCA at Price Bailey LLP explain the accounting for grant income in charities and consider grants subject to conditions or restrictions

The US Securities and Exchange Commission (SEC) has charged sports apparel manufacturer Under Armour Inc with misleading investors about the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects

In this month’s round-up of cases, Sophie Brookes, partner at law firm Gateley, examines the basis for LLP disqualifications in Bell Pottinger, refusal to access register of members and why buyer was wrong to refuse to release monies from retention account

The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) have confirmed that they are working on plans to merge the bodies with the creation of the Value Reporting Foundation

CFOs who improve their organisation’s environmental, social and governance (ESG) reporting for investors will see improved access to capital, stock performance, and customer loyalty, according to Gartner

The Court of Appeal has quashed the convictions of 39 post office submasters who were wrongly accused of fraudulent accounting due to problems with the Horizon IT system

The International Accounting Standards Board (IASB) has published a proposed update to the IFRS Taxonomy 2021 amending a number of IFRS standards

The Association of Chartered Certified Accountants (ACCA) has launched a business hub coinciding with Earth Day which will provide a central resource on sustainability issues for accountants 

Exiting a business can be a difficult time for owners, but there are times when the financial arguments stack up and potential buyers provide the investment motivation. Russell Payne, director at ReSolve, provides tips and advice