Archive for December 15th, 2013

IAESB re-exposes proposals on audit engagement partner competence

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The International Accounting Education Standards Board (IAESB) has published a revised exposure draft dealing with the professional competence of audit engagement partners. The revised exposure draft is a substantial revision of earlier proposals in r…

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UK FRC calls for improvements in the reporting of exceptional items

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The United Kingdom Financial Reporting Council (FRC) has issued a statement reminding company boards of key considerations when presenting exceptional or similar items and encouraging improved reporting in this area.

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ICAEW publishes report calling for changes to disclosure rules

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The Institute of Chartered Accountants in England and Wales (ICAEW) has published a report by its Financial Reporting Faculty calling for urgent reform to the regulation of financial reporting disclosures, saying the current situation will get worse as…

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News story: LIBOR fines fund a further 24 armed forces charities and good causes

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More causes and charities supporting the armed forces community are to benefit from the £35 million Armed Forces Covenant LIBOR fund.

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Press release: Aspiring entrepreneurs helped to kick-start more than 32,000 new businesses

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The New Enterprise Allowance has helped enterprising jobseekers set up 32,520 new businesses.

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