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Financial Reporting

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Analysis

Audit committees need to get cracking on Companies Act reform

Companies Act reform welcomed but audit committees must start working on this quickly

14 Jun 2013

European commission

News

EU scraps quarterly reporting for listed companies

Quarterly reporting scrapped among changes to EU the EU's accounting framework

13 Jun 2013

News

FRC makes changes significant changes to audit reports

The finance watchdog has made changes to ISA 700 - in the hope of increasing communication with investors

05 Jun 2013

News

IASB and FASB propose dual approach to lease accounting

IASB and FASB put forward a dual approach to accounting for leases on company balance sheets

17 May 2013

Analysis

Integrated framework provides capital gains for reporting

In essence, the IIRC framework aims to create more concise reporting that better communicates to investors how the business creates value over time

18 Apr 2013

News

EC pushes for more environmental and social disclosure

Companies with more than 500 employees will need to disclose more information about environmental and social impact in annual reports

17 Apr 2013

News

Consultation launches on integrated reporting framework

A consultation on draft framework to integrate non-financial data into financial statements is launched through 15 events worldwide

16 Apr 2013

Feature

Minority report: Does anyone read audit committee reports?

Audit committees are under pressure to provide more detailed reports. Actually reading these reports seems to be of interest to just a small minority of shareholders, finds Andrew Sawers

27 Mar 2013

Interview

Interview: IASB chairman Hans Hoogervorst

Hans Hoogervorst tells Financial Director why revising the IASB’s conceptual framework is critical for the future of financial reporting

27 Mar 2013

Analysis

Watershed moment for telecoms accounting

Changes to accounting methods for telecoms companies could see them having to fork out €20m unless they get better connected

21 Mar 2013

Analysis

Closing the GAAP on international standards

A plethora of standards have come flowing through the standards setters in the first quarter of the year, writes Rachael Singh

21 Mar 2013

Opinion

Converting to IFRS can feel like a navigating a labyrinth

FDs that have yet to convert to IFRS will have their work cut out on many fronts

30 Jan 2013

Analysis

The year of the green report

Requirements for green reporting are set to become more strict, but it could be an opportunity for FDs

30 Jan 2013

News

Banks pessimistic on chances of financial instrument convergence

Majority of banks surveyed by Deloitte expect financial instrument accounting convergence to end in failure

08 Jan 2013

Opinion

AC reports should not be dismissed as mere compliance

Audit committee reports are a powerful tool for giving insight into the culture and integrity at the top of a company. More companies should provide one, writes James Roberts

03 Jan 2013

News

Accountancy regulation “toothless”, say Citi analysts

Analysts at Citi, an advisor to Autonomy on the HP takeover, criticise the way financial reporting is policed by the FRRP

27 Nov 2012

News

IIRC releases prototype of integrated reporting framework

IIRC publishes prototype reporting model to integrate non-financial data onto financial statements which will be tested by more than 80 businesses

27 Nov 2012

News

New standards leave UK business with plenty to ponder

The first two parts of a new framework to replace UK GAAP have been released by the Financial Reporting Council's standard-setting arm

25 Nov 2012

Interview

Interview: FRC head of codes and standards Melanie McLaren

The head of the FRC’s Codes and Standards Committee talks about the watchdog’s new structure and its strategic objectives

02 Nov 2012

Opinion

Auditors should say more in financial reports

Steve Maslin explains why auditors should embrace stakeholder demands for greater auditor commentary in financial statements

22 Oct 2012

Upcoming Events

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08.45 AM, Thu 20 Jun 2013

FD Summit 2013: Building a vision in uncertain times

The FD Summit 2013 will feature some of the UK's most senior finance experts, speaking at the Intercontinental Hotel, Westminster

Latest Opinion

Celebrations over 0.3% growth are premature

Positive growth is to be welcomed but relief over 0.3% growth is overdone and focuses on the wrong issue

Should your network be broad or deep?

To add value to the boards you sit on, or to the boards of your clients, Hilary Briggs advocates you need both breadth and depth in your network

The role of finance in building a strategic vision

Ahead of the FD Summit on 20 June, guest speaker Adam Kennedy looks at the role of finance in building company's a strategic vision

Latest Analysis

Audit committees need to get cracking on Companies Act reform

Companies Act reform welcomed but audit committees must start working on this quickly

Boxing clever: The rise of cash box placements

Issuing shares for cash is an awkward process, but there is an alternative that has been used by major companies, claims Kate Ball-Dodd

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