FRC should have more ‘power’ and ‘teeth’, study finds
New research from the Financial Reporting Council (FRC) has found that people believe the FRC should have more "power" and...
Regulation
AAT backs chancellor on minimum wage increase
The Association of Accounting Technicians (AAT) has backed the Chancellor’s plans to increase the national minimum wage to £10.50. Javid...
FRC considers investigation into Thomas Cook collapse
The Financial Reporting Council (FRC) has revealed it is weighing up an investigation into the Thomas Cook collapse. An FRC...
FRC sets Deloitte Autonomy tribunal for October
A hearing of the Disciplinary Tribunal of the Financial Reporting Council (FRC) has been set for 10 October in relation...
Charity SORP sets out plans for accounting framework
The Charities SORP-making body has set out plans for changes to the charity accounting framework. The Statement of Recommended Practice...
One in 12 accountants don’t complete enough CPD units, IFA says
According to analysis by the Institute of Financial Accountants (IFA), an estimated one in 12 accountants don’t complete enough relevant...
32% of tax professionals report more accurate VAT returns under MTD
A study by Thomson Reuters has found that 32% of companies now have “more accurate” VAT returns under Making Tax...
Charity Commission ‘concerned’ by quality of charity accounts
A new study published by the Charity Commission has found that only half of charity accounts reviewed met the regulator’s...
Employer handed £350,000 fine for workplace pension failures
The Pensions Regulator (TPR) has fined an unnamed company £350,000 for workplace pension failures. Employers are being warned by the...
FRC opens consultation on SECR Taxonomy
The FRC has today opened a consultation on the draft Streamlined Energy and Carbon Reporting (SECR) Taxonomy. The draft is...
LATEST HEADLINES
Grant Thornton reduces UK partner numbers
Mid-tier accountancy firm Grant Thornton has confirmed it has parted ways with a “small number” of partners as part...
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