Quality of FTSE 350 reporting plateaus
The quality of reporting by the UK’s top public companies has slowed despite greater economic uncertainty and increased investor demands for better disclosure, new research has found
Financial Reporting
Investors urge FTSE 350 companies to disregard accounting regulator
A group of investors have made fresh calls for the UK’s largest listed companies to disregard the accounting advice of reporting watchdog the FRC
FRC bans two former Connaught finance directors responsible for a £4m accounting misstatement
Connaught FD Stephen Hill and deputy financial director David Wells banned from profession after FRC investigation into £4m accounting misstatement
Six ways Brexit will impact businesses’ financial statements
FRC highlights the things directors should consider when preparing their forthcoming half-yearly and annual financial reports
FRC proposes changes to reduced disclosure framework FRS 101
Subsidiaries will be exempt from certain rules on how businesses record revenue on their books under proposed changes to FRS 101
Mid-market businesses face growing threat from international compliance regulation
RSM survey finds 40% of companies not ready to meet their tax, legal and financial reporting obligations
KPMG: Corporate reporting too short-term focused
KPMG report shows businesses' annual reports lack long-term strategy and have significant gaps in information for investors
FTSE 100 companies withholding key information in company reports
A joint report revealed that a large chunk of FTSE 100 firms are painting “an inaccurate picture” for shareholders in company reports
Editor’s Letter: A Game of Tomes
Increased disclosure will only provide clarity for investors if they are able, like the way HBO has chopped Martin’s gargantuan tome’s down to size, to effectively help business edit out the irrelevant clutter
ICAEW says implementation of non-financial reporting should build on existing UK regime
ICAEW highlights the importance of avoiding unnecessary confusion and duplication of work
