The UK Accounting Standards Board (ASB) of the Financial Reporting Council (FRC) has published Amendments to FRS 29 (IFRS 7) ‘Financial Instruments: Disclosures’: Disclosures — Transfers of Financial Assets. The goal of the Amendments is to improve t…
In addition to the two certainties in life that we all face, for accountants and other professionals there is a third: the risk of disputes with clients and third parties. It is an unfortunate fact of professional life that uncertainties, misunderstand…
When the EC published a green paper consultation on audit policy in October 2010, it set out to achieve a comprehensive, forward-looking debate where ‘no subject should be taboo’. The debate poses numerous challenges, but also presents opportunitie…
The faculty’s spring roadshow will consider a number of topical issues, which will be of interest to practitioners. The topics have been identified from comments and observations made by practitioners, so there should be something for everyone.
The year-end process is ‘show time’ for the figures. Following the previous article on the preparation stage for the year-end (December 2010/January 2011 Audit & Beyond), this article, reprinted with the permission of the Institute of Chartered Acc…