The length of listed company annual reports has ballooned in size by 46% in just five years due to increased reporting requirements and repetitive commentary
The International Ethics Standards Board for Accountants (IESBA) plans a series of global roundtables to help shape the development of new ethics and independence standards for sustainability reporting
The International Accounting Standards Board (IASB) has proposed amendments to IAS 12 Income Taxes to reflect the introduction of the 15% global base tax rate
Sophie Brookes and Debbie Shaw assess Paddington Bear ruling on contractual audit clause, tax liability on interim dividend payments and EU backtracks on European register of interests
The International Sustainability Standards Board (ISSB) plans to publish a series of guidance and reliefs to support disclosure of Scope 3 GHG emissions
The Financial Reporting Council (FRC) plans to update FRS 102 with changes to the accounting rules on revenue recognition and leases to take account of IFRS 15 and 16
The Financial Reporting Council (FRC) has issued useful guidance for companies preparing annual reports stressing the importance of materiality and clarity
The Financial Reporting Council (FRC) has written to insurance companies setting out audit priorities once IFRS 17 Insurance Contracts comes into effect from January
The Financial Conduct Authority (FCA) has fined Metro Bank plc £10,002,300 for breaching the Listing Rules by failing to account for the correct risk weighted assets (RWA) figure
Accounting for intangibles from goodwill to intellectual property rights needs to reflect the sustainable development agenda, argues Dr Janice Denoncourt, associate professor at Nottingham Law School