In the second article of a series on the impact of Brexit on audit and accounting, Croner-i writers David Duvall, Steve Collings and Rachel Farris examine the impact of Brexit regulations on reporting for larger entities

Companies’ commitment to reflecting more widely on environmental, social and governance (ESG) factors in their annual reports is increasing significantly, both in the UK and globally, but there are areas which require improvement, according to two research reports

The Financial Reporting Council (FRC) has issued three sets of amendments to UK and Ireland accounting and reporting standards, designed to address some topical issues, and maintain a necessary alignment with international standards

Charity trustees are being asked for their views on the charity accounting framework as part of an initiative to make the charities statement of recommended practice (SORP) easier to understand and to improve compliance

In the first article of a series on the impact of Brexit on audit and accounting, Lizzie Morris ACA and James Lole FCA take a look at how the changes introduced by the Brexit-related regulations will impact the preparers of accounts for small companies and small groups from 1 January 2021

The government has introduced the Financial Services Bill as a first step in shaping a regulatory framework for the UK’s financial services sector outside of the EU

The quality of corporate reporting from some the UK’s largest companies has not improved over the past year, and there remain concerns about the frequency of restatements relating to cashflow, according to the Financial Reporting Council’s (FRC’s) annual review

In October’s international accounting update, Jeroen Van Doorsselaere considers the so-called ‘sweep’ issue of IFRS 16, ongoing discussions around the all-important management commentary and Phase 2 of the interest rate benchmark reforms

KPMG has become the second of the Big Four to delay publication of its annual results and details of partners’ pay until it has a clearer view of the impact of Covid-19

The Financial Reporting Council (FRC) Lab has published a set of tips to help companies with preparing the Section 172 statement reflecting the board’s consideration of stakeholders in pursuit of the success of the company, after speaking to institutional and retail investors and other stakeholders about what they consider useful reporting

The Financial Reporting Council (FRC) is seeking views on plans to take a more agile, flexible approach to corporate reporting, based on a principles-based framework, to ensure information better meets the needs of investors and others

The IFRS Foundation trustees are exploring whether, and how, the global accounting standards body might become involved in developing global sustainability standards, given the heightened focus on environmental, social and governance (ESG) matters worldwide

M&C Saatchi is set to miss the deadline for filing its financial results as it seeks to unravel the details of accounting misstatements identified at the end of last year and now put at £14m, meaning its shares will be temporarily suspended

Disclosures on climate-change related issues will become much more prevalent than currently is the case, and IFRS reporting has an important role to play in improving transparency around sustainability issues, according to International Accounting Standard Board (IASB) chair Hans Hoogervorst

The Financial Conduct Authority (FCA) has confirmed it is taking criminal proceedings against three former executives of Redcentric, after the IT services provider was given a public censure for committing market abuse and ordered to pay £11.4m compensation to investors