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IFRS

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

A fishing hook

Analysis

Off the hook

Businesses are likely to continue having audits despite government proposals to exempt them from mandatory requirements, finds Richard Crump

27 Oct 2011

Analysis

Audit exemption 'unlikely' to save £600m

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

07 Oct 2011

News

New pension standard 'could cost companies £10bn'

A new pension accounting standard may have huge cost implications but should boost transparency

17 Jun 2011

Blog

Business Matters: Is it the right time to transform financial reporting?

Tim Ward has a few concerns about ditching UK GAAP for a new financial reporting framework based on IFRS

17 May 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

Analysis

Charities face threat from new Public Benefit Entities rules

New accounting rules puts housing associations at risk of breaching banking covenants

24 Mar 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

Big business main beneficiaries from IFRS: BIS

BIS concerned new accounting rules will burden UK businesses

21 Oct 2010

Analysis

Analysis: IFRS will be big burden for SMEs

Big shock for small business: The main beneficiaries of IFRS are big corporations. So do small businesses need the burden of new rules and big fees, or will IFRS for SMEs have to change?

20 Oct 2010

Feature

Club FDs face tighter financial regulation of football

New rules aim to stop football clubs playing with money they don’t have, or gambling on handouts from wealthy benefactors. Simon Banks asks club FDs if they are ready

24 May 2010

Opinion

Accounting: Seeking a unified standard to keep score of carbon emissions

The profession is pushing for a unified standard to make public how much carbon companies emit

26 Jan 2010

Opinion

Corporate governance: FDs need to concentrate efforts on narrative reporting

FDs should apply the latest thinking around narrative reporting to their accounts ahead of any rule-making

23 Nov 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

Opinion

Accounting: Off balance – the future of off-balance sheet transactions

Few would argue that off-balance sheet finance needs fresh oversight. Perhaps the banks' views are out of kilter.

03 Jul 2009

Analysis

Reality versus stability: The role of dynamic provisioning

Standard setters try to get to grips with the rules on dynamic provisioning

23 Mar 2009

Opinion

Corporate governance: Wake-up call – risk transparency needs to be 'central'

Make company-wide risk management run like clockwork, or you could wind up facing catastrophe.

23 Feb 2009

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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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