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Review of the Wates Corporate Governance Principles
Lee Marshall

29 March 2021

Sir James Wates has looked at how large private companies are reporting against the Wates Principles. We have summarised the positives, negatives and future expectations.

FRC review of Corporate Governance Reporting
Lee Marshall

29 March 2021

The Financial Reporting Council has published advice on applying the UK Corporate Governance Code including how to report transparently and effectively when departing from certain provisions. RSM provides a detailed summary.

New proposed amendments to FRS 101
Lee Marshall

02 February 2021

The FRC is consulting on changes and clarifications to FRS 101 Reduced Disclosure Framework. To help explain RSM has put together a summary of the main proposals. The consultation is open till 28 February 2021.

Cash flow statements need to improve
Lee Marshall

18 January 2021

We discuss the FRC’s latest thematic review on cashflow statements and liquidity disclosures and their suggested areas for improvement.

FRC advice for preparing 2020/21 annual reports
Lee Marshall

18 January 2021

We discuss the FRC’s latest advice for preparing your 2020/21 annual reports, considering Brexit and COVID-19.

Brexit – changes to accounting from 1 January 2021
Lee Marshall

18 January 2021

On 23 November 2020, the Financial Reporting Council (FRC) and BEIS issued joint letters1 setting out changes to the UK’s corporate reporting framework from 1 January 2021, and the FRC provided further clarity on 23 December 2020 by setting out specific terminology to describe IFRS in UK entities accounts.

The value of real time information

02 December 2020

It’s never been more important to have access to up real time financial information, to support several business practices. Read about how cloud accounting can upgrade your historic data to having real time information at your fingertips, anytime, anywhere.

Making the most of data automation

02 December 2020

With manual data processing becoming more difficult, now is the time to automate your data entry with cloud accounting. Read about what processes can be automated and the benefits of data automation for your business

How to run your business from anywhere

02 December 2020

Being able to effectively run your business from anywhere has never been more valuable. Read about the benefits of cloud accounting here and discover a solution to finding the continuity and flexibility business owners need.

The business benefits of cloud accounting

02 December 2020

Discover how you can streamline and optimise your business processes with cloud accounting. With efficient, flexible and secure access to real time financial information, anywhere, anytime. Cloud accounting has numerous benefits for your business.

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