The Pensions Statement of Recommended Practice (SORP) has been updated to bring it in line with the latest FRS 102 triennial review. Sarah Perrin ACA looks at the key changes including common investment funds, definition of a financial institution and material uncertainty

In the third of a new series on accounting for limited liability partnerships (LLPs), Iain Storey of Price Bailey, explains what to consider when recognising the revenue of an LLP

The Charity Commission is considering the possibility of simplifying the accounting rules for the smallest charities with a new micro-regime based on a receipts and payments approach

In the first of a new series on accounting for limited liability partnerships (LLPs), Iain Storey of Price Bailey explains the key issues to consider when a partnership merges with an LLP, including disclosure requirments and group reconstruction relief

In this month’s roundup of developments in accounting and financial reporting, former RSM Tenon FD faces £60k sanction, PRAG publishes updated SORP for pensions accounting, charity annual returns will have to report international funding sources

The Financial Reporting Council (FRC) has revised the guidance for companies preparing the mandatory Strategic Report, which encourages larger listed companies to consider wider stakeholders and issues that impact performance over the longer term

The Pensions SORP  - Statement of Recommended Practice - has been updated to take account of changes to FRS 102 and various legislative amendments to pension rules. Shona Harvie, partner in the pension funds group at Crowe UK and chair of PRAG explains the key revisions effective from 2019

The Pensions Research Accountants Group (PRAG) has revised the accounting framework for pension schemes with the publication of the Pensions SORP (Statement of Recommended Practice) 2018 to bring guidance in line with the latest version of FRS 102

Companies need to improve the way they compile performance metrics in their year end and interim reporting to ensure they reflect the needs of investors, says the Financial Reporting Council (FRC)

In this month’s roundup of developments in accounting and financial reporting, government plans urgent crackdown on use of Scottish limited partnerships, Korean regulator probes Samsung BioLogics accounts, tech company hit by balance sheet impact of IFRS 15

The absence of accounting guidance for cryptocurrencies is causing some concern for reporters as various standards boards review the accounting treatments, but the global standard setter remains on the sidelines. Sarah Perrin ACA asks leading accounting experts about how they deal with crypto accounting

In the first of a new series on accounting for limited liability partnerships (LLPs), Iain Storey of Price Bailey explains the classification of LLP members’ capital and remuneration in the context of the LLP SORP

There are no changes to FRS 101 Reduced Disclosure Framework following the Financial Reporting Council’s (FRC’s) annual review of the standard, while the regulator says it will review the impact of IFRS 17 Insurance Contracts in more detail when a clearer picture of the endorsement of the standard is known

In this month’s roundup of developments in accounting and financial reporting, Air Partner forced to deal with £3.3m accounting error, IASB refreshes Conceptual Framework for IFRS users, US GAAP rules on revenue recognition hit GE profits

The Pensions Research Accountants Group (PRAG) is warning that pension funds are at high risk of attack from cyber criminals as they have access to extensive personal identity data including addresses, financial records and banking details, which can be sold, or used to compromise or steal from other victims