AIM listed cybersecurity firm Darktrace has been cleared of any potential financial reporting issues after an independent investigation by audit firm EY
The Financial Stability Board has confirmed that the IFRS Foundation will take over the monitoring of the progress on companies’ climate-related disclosures from the Task Force on Climate-related Financial Disclosures (TCFD)
The latest Academy Trust Handbook has revised some accounting rules with an increase to the limit on related party transactions and a later deadline for annual budget forecast returns
Complex corporate structures should be simplified to reduce costs, mitigate risks and remove superfluous legal entities. Eddie Bines, managing director, restructuring at Kroll explains the key steps to take
Accountants need to prepare for the introduction of a failure to prevent fraud offence as unlimited fines can be issued for non-compliance. Simon Taylor, partner, and managers, Jorge Lopes and Blair Sprott, Forensic Risk Alliance, give five tips on compliance
A rule change in October means that businesses will have more certainty when pursuing a claim for debt through the courts, due to the fixed recoverable costs regime, explains Liam Tolen, senior associate at Ashfords LLP
The challenging economic environment and climate change risks may increase the degree of estimation uncertainty and management judgment about fair value under IFRS 13
The International Accounting Standards Board (IASB) plans to amend the IFRS for SMEs accounting standard to help SMEs respond to the 15% global base tax rate
Accountants need to provide transparent information about greenhouse gas emissions to improve the quality of disclosures using a dedicated finance team
The International Accounting Standards Board (IASB) has issued disclosure requirements to enhance the transparency of supplier finance arrangements under IAS 7 and IFRS 7
FTSE listed equipment hire business, Speedy Hire plc, has resolved problems relating to undervaluing millions of pounds of assets in its annual accounts for previous year ends
Failures in internal controls and accounting misreporting helped lead to the downfall of Credit Suisse. Joshua May, consulting manager EMEA, BlackLine examines the fallout
After a long legal battle, Mike Lynch, the founder of Autonomy, has been extradited to the US to face fraud charges over the sale of the software business to HP