08 September 2020
The IASB is proposing to change the standard relating to the presentation of financial statements. Replacing IAS 1 the new standard aims to improve the comparability and usefulness of financial statements.
29 July 2020
We outline the key messages from the Financial Reporting Council (FRC’s) report which describes the reporting expectations of investors during the coronavirus crisis.
Read more29 July 2020
The Financial Reporting Council’s Lab have produced a report on the impact of coronavirus on the disclosure of going concern, risk and viability. The report contains many useful examples of how different companies have dealt with the reporting challenges.
Read more05 March 2020
The International Accounting Standards Board (IASB) has issued narrow-scope amendments to IAS 1 Presentation of Financial Statements to clarify how to classify debt and other liabilities as current or non-current.
21 October 2019
The IASB is proposing changes to the IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements with the objective of making disclosures of accounting policies more relevant to users.
17 July 2019
IASB consulting on amendments to: IFRS 1 First-time Adoption of International Financial Reporting Standards; IFRS 9 Financial Instruments; IFRS 16 Leases; and IAS 41 Agriculture.
10 June 2019
The FRC has amended FRS 102 in relation to multi-employer defined benefit plans regarding the transition from defined contribution accounting to defined benefit accounting.
21 May 2019
New carbon and energy reporting requirements have been introduced for large unquoted companies, LLPs and quoted companies, effective for financial periods beginning on or after 1 April 2019.
20 May 2019
The FRC is considering feedback on future changes to FRS 102 in relation to multi-employer defined benefit plans and the transition from defined contribution accounting to defined benefit accounting.
18 February 2019
Advice for entities applying the FRS 102 triennial review 2017 amendments. Includes summaries and links to useful FRC fact sheets on Transition and other aspects of FRS 102.
