Accounting Standards
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Feb- 2021 -12 February
FRC expects 2021/22 overall costs to increase to £6.8m
The Financial Reporting Council (FRC) expects its 2021/2022 overall costs to increase by £6.8m, almost half of which funds the…
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1 February
Insolvency Service bans former company director for 11 years
Liam Francis Wainwright, former director of Rawdon Asset Finance Limited (RAF), has been banned by the Insolvency Service for 11…
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Jan- 2021 -18 January
IESBA enhances guidance
The International Ethics Standards Board for Accountants (IESBA) has released revisions to its International Code of Ethics for Professional Accountants,…
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15 January
ACCA and IFAC issue sustainability recommendations
ACCA and IFAC have together issued calls to action for both public finance professionals and governments to push for progress…
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14 January
APPG to investigate insolvency industry
The All-Party Parliamentary Group (APPG) on Fair Business Banking, has launched an investigation into the UK insolvency profession.
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12 January
ICAEW calls for CIS change guidance
The Institute of Chartered Accountants in England and Wales (ICAEW) has called for greater guidance from HMRC regarding upcoming changes…
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Nov- 2020 -30 November
FRC to consult on review standard for interim financial statements
The Financial Reporting Council (FRC) has announced it has launched a consultation on the proposed revision of its review standard…
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27 November
New Corporate Governance Code reporting a ‘mixed picture’, says FRC
Although some companies have embraced the opportunities the revised UK Corporate Governance Code offers, the FRC has found in its…
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Oct- 2020 -30 October
Mazars and GT’s local audits need ‘significant improvement’, FRC finds
Grant Thornton and Mazars’ level of audit quality requires “significant improvement”, according to a new report from the The Financial…
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8 October
ACCA launches Q3 campaign for sustainable recovery
The accountancy profession’s role in building and maintaining a sustainable recovery has been unveiled as the focus for ACCA’s new…
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