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GAAP

Analysis

SMEs should keep GAAP facets

The Accounting Standards Board looks to implement IFRS for SMEs - albeit with some UK standards thrown in. Richard Crump reports

22 Feb 2012

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News

FDs unprepared for changes to reporting standards

E&Y found a lack of preparedness about convergence with US GAAP, lease reporting and revenue recognition

27 Jan 2012

Analysis

Audit exemption 'unlikely' to save £600m

Parent companies will be reluctant to guarantee the debt of their subsidiaries

07 Oct 2011

Analysis

FDs lambast Lords’ SME IFRS about-turn

The Lords says no to IFRS for SMEs, but our LinkedIn group sees no wisdom in a U-turn

15 Apr 2011

Analysis

Economic Affairs Committee's IFRS ruling divides opinion

Many FDs welcome the Lords’ recommendation that SMEs stick with UK rules

15 Apr 2011

News

Keep GAAP, says QCA chief executive

Quoted Companies Alliance blogs for Financial Director on the lack of a convincing case for UK international standards

19 Nov 2010

News

New SME accounting will cost businesses £80m

ASB releases IFRS for SMEs for UK businesses

29 Oct 2010

News

Lords enquiry: accounting fuelled banking crisis

Lord Lawson accuses auditors of being "the dogs that didn't bark" during the banking crisis

27 Oct 2010

News

Big business main beneficiaries from IFRS: BIS

BIS concerned new accounting rules will burden UK businesses

21 Oct 2010

Opinion

Accounting: Interference into accounting standards moves up a notch

Standard setters must stand up for what they believe in, despite the persistent attempt at interference

22 Feb 2010

Opinion

Accounting: Moved to tiers by the changing face of UK reporting

International standards provide consistency, but the three-tier approach will create new problems.

12 Sep 2009

Analysis

September Essential News

Bank bonus culture rears its ugly head again; Madoff Securities ex-CFO pleads guilty to ten criminal charges; plus Technical Update and more...

25 Aug 2009

Feature

Taking stocks: Finance chiefs have a lot to answer for

Huge pay, questionable competence. Answers are needed about the role played by some of the FDs and CFOs at the most damaged financial institutions

27 Oct 2008

Analysis

SEC issues statement clarifying 'fair value'

Fair value accounting is under increasing pressure as losses on writedowns tighten the credit markets further

27 Oct 2008

Upcoming Events

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8.30am, Thu 14 Jun 2012

Financial Director Summit 2012

The Financial Director Summit 2012 will provide a unique platform in which to share, compare and contrast experiences whilst learning and networking with peers

Latest Opinion

Business' best friend

Finance people must be the critical friend of business, writes CIMA's John Windle

Cutting electronic systems down to size

To be more competitive, we need far less management in companies, government and our electronic systems

Markets are too addicted to repeated doses of cheap cash

Large injections of liquidity by the major central banks have played a key role in underpinning recent bouts of optimism, but danger is still lurking in the shadows

Latest Analysis

Practical implications of a GAAR

The lack of certainty may inhibit many arrangements which are currently felt to be part of everyday planning, writes Owen Clutton

IAS 39 problems flare up again

Pirc is advising shareholders to vote against Barclays’ annual report. Richard Crump finds out why

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