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...
Saturday, November 28, 2020
Accounting Standards
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...
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...
IFRS Foundation consults on sustainability reporting standards
The trustees of the IFRS Foundation have this week published a consultation paper which assesses “demand for global sustainability standards”...
‘Big Four’ release initiative on ESG reporting standards
The ‘Big Four’ global accounting firms have this week released a joint initiative with the World Economic Forum which aims...
PCAF launches carbon accounting coalition
The Partnership for Carbon Accounting Financials (PCAF), an industry-led partnership to standardise carbon accounting for the financial sector, has launched...
CIPFA issues temporary S.114 guidance
The Chartered Institute of Public Finance and Accountancy (CIPFA) has modified its guidance for CFOs to allow councils the “time...
Metro Bank issues £10.5m refund following CMA investigation
Metro Bank has committed to repay more than £10.5m to its customers after it breached a legal order, the Competition...
ACCA to partner with the Charity Commision
The Charity Commission and ACCA have signed a data-sharing agreement which “facilitates the referral of concerns about accountancy services provided...
Deloitte partner fined £120,000 by FRC over Serco ‘misconduct’
The Financial Reporting Council (FRC) has fined a Deloitte partner £120,000 over “misconduct”. The regulator published the settlement agreement in...
