The Financial Reporting Council (FRC) has published its draft three-year strategy for 2025-28, emphasising its commitment to safeguarding public trust...
View articleMacy’s, the iconic retail giant, recently disclosed a significant accounting misstatement involving $151 million in cumulative delivery expenses, span...
View articleThe forthcoming amendments to FRS 102 represent one of the most significant changes to lease accounting in years. Effective from January 2026, these u...
View articleA new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...
View articleThe European Court of Justice (ECJ) has ruled against Apple in a high-profile €13 billion (£11 billion) tax case, overturning a previous lower court v...
View articleThe Financial Reporting Council (FRC) and other UK regulators have launched a wide-ranging consultation on the future of digital financial reporting i...
View articleThe financial services industry has now had just over one year to embed the Consumer Duty for existing products and should now be in the position to d...
View articleThe International Accounting Standards Board (IASB) has taken a significant step to address investor concerns about climate risk disclosure, proposing...
View articleArtificial intelligence is no longer a futuristic concept but a present-day reality. As a result, the UK government is taking proactive steps to ensur...
View articleIn the last few weeks, we have seen both the ransomware attack on the NHS in the news, and more recently, the impact caused by software bug in an upda...
View articleThe UK’s Pensions Regulator (TPR) has unveiled updated guidance for superfunds, introducing pivotal changes that accountants and financial plann...
View articleOver 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...
View articleThe perception and recording of marketing expenditures call for a significant reassessment. Traditionally, these expenditures are treated as operating...
View articleThe ICAEW cited managing insurance costs, firms struggling to obtain coverage, assessing risk-taking capacity, and evolved firm structures as drivers ...
View articleFrom battling underground invoice frauds in China to navigating bribery risks in the Middle East, Mazars' Nigel Layton shares essential insights on co...
View articleDiscover the critical aspects of end-of-year preparation for accountants managing limited company clients, from tax planning to compliance and effecti...
View articleThe ISSB revealed that it will offer transitional aid to companies as they implement S1 (general requirements) and S2 (climate) Read More...
View article40% R&D threshold is an "arbitrary" number and may exclude many SMEs, accounting experts caution Read More...
View articlePlans to establish a Single Enforcement Body have resurfaced having been reportedly shelved last year Read More...
View articleClarity is desperately needed following a series of U-turns, market participants have said Read More...
View articleRevised plans and draft legislation suggest that smaller businesses should be exempt Read More...
View articleWith many retailers still reeling from the impact of the lockdowns, the Financial Reporting Council (FRC) has proposed extending the application perio...
View articleThe incoming changes to IR35 are being used to pay for the “generous” tax cuts in today’s budget, according to Smith & Williamson’s employme...
View articleHMRC responds to accusations of “going after” corporations and contractors Read More...
View articleFCA director of enforcement and market oversight Mark Steward attacked firms for not fully considering the regulator’s principles, but event delegates...
View articleResearch by Be Digital UK found that 41% of companies are reviewing their strategy for procuring contractors over IR35. Read More...
View articleHelen Thornley, ATT Technical Officer, discusses the Higgins case and what does HMRC’s arguments mean in practice and with reference to D49. Read More...
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