Accounting Standards
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Sep- 2023 -19 September
Value of fines issued by the FRC up 29% in the past year
The value of fines issued by the Financial Reporting Council (FRC) against auditors has risen by 29% in the past…
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13 September
ACCA commends FRC corporate governance code changes
The Association of Chartered Certified Accountants (ACCA) has commended the Financial Reporting Council’s (FRC) proposed changes to corporate governance code.…
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Aug- 2023 -9 August
FRC to consult on revisions to its Ethical Standard
The FRC has launched a new consultation on revisions to its Ethical Standard in a bid to “enhance and clarify…
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8 August
CIOT and ATT members remain concerned about MTD for ITSA
Accountants remain “concerned” about the proposed introduction of digital record keeping and reporting requirements for many income taxpayers, according to…
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Jul- 2023 -27 July
Deloitte welcomes ISSB’s issuance of first sustainability standards
Deloitte has welcomed the publication of the ISSB’s first sustainability standards, IFRS S1 and S2, calling it an “important milestone”…
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26 July
Premium Credit launches FCA finance facility for accountants
Premium Credit is offering a finance facility to accounting firms as a way to help them preserve cash flow, as…
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25 July
Claritax Tax sees six grad trainees pass professional exams
Birmingham-based Claritas Tax has announced that six of the firm’s graduate trainees, Faye Jacklin, Brandon Laroiya-McCarron, Mike Fahy, Roshan Paul,…
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24 July
FRC focuses on ARGA transformation in annual report
The Financial Reporting Council (FRC) has published its annual report 2022/23 highlighting its continued focus this past year on delivering…
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14 July
UKEB launches IAG recruitment amid ISSB draft comment
The UK Endorsement Board has launched a campaign to recruit additional members for its Investor Advisory Group (IAG). The group…
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5 July
R&D tax crackdown deters genuine claims, CIOT warns
HMRC’s efforts to “get tough on abuse” of R&D tax relief have resulted in them rejecting legitimate claims and stone-walling…
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