This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.
All you need on UK Accounting, Reporting & Corporate Governance
  • FRC Image

  • FRC consults on effectiveness of auditing standards

    20 Nov 2018

    The Financial Reporting Council (FRC) has launched a consultation to determine how effective the 2016 changes to ethical and auditing standards have been in delivering high quality audit and whether further steps are now needed to strengthen auditor independence, reduce conflicts, improve quality and preserve trust in independent audit.

  • European Union Image

  • Responses to the EC fitness check on public reporting by companies

    18 Nov 2018

    In March 2018, the European Commission (EC) published a consultation document 'Fitness Check on the EU Framework for Public Reporting by Companies'. While the document itself seemed oddly against the use of IFRSs as issued by the IASB, responses reveal that the majority of stakeholders are strictly against "EU carve-ins" that could lead to "EU-IFRSs".

  • IASB podcast (blue) Image

  • IASB releases podcast on tentative decision to defer IFRS 17 effective date

    18 Nov 2018

    As reported earlier, the IASB has tentatively decided to defer the effective date of IFRS 17 'Insurance Contracts' the fixed expiry date for the temporary exemption to IFRS 9 in IFRS 4 by one year. The IASB has now released a podcast with IASB Board member Darrel Scott explaining the Board's reasoning behind this decision.

  • IASB (International Accounting Standards Board) (blue) Image

  • Updated IASB work plan — Analysis

    17 Nov 2018

    Following the IASB's November 2018 meeting, we have analysed the IASB work plan to see what changes have resulted from the meeting and other developments since the work plan was last revised in October. Curiously, a project on IFRS 17 amendments is still missing from the work plan although the IASB has begun discussing possible amendments to IFRS 17 'Insurance Contracts' and has already tentatively decided to defer the effective date of the standard by one year.

  • IASB meeting (blue) Image

  • IASB tentatively decides to defer the IFRS 17 effective date

    14 Nov 2018

    At its meeting currently held in London, the IASB discussed the effective date of IFRS 17 'Insurance Contracts' and tentatively decided to defer it to annual periods beginning on or after 1 January 2022. The IASB also tentatively decided to defer the fixed expiry date for the temporary exemption to IFRS 9 in IFRS 4 by one year so that all insurance entities must apply IFRS 9 for annual periods on or after 1 January 2022.

  • IASB (International Accounting Standards Board) (blue) Image
    Book badge (green) Image

  • Discussions at the fifth IASB Research Forum

    12 Nov 2018

    The International Accounting Standards Board (IASB) hosted its fifth Research Forum on 11 and 12 November 2018 in Sydney. The meeting saw the presentation of six academic papers, responses by academics and standard-setters as well as panel discussions.

  • Leaf - sustainability (green) Image

  • CRD announces two-year project for better alignment

    08 Nov 2018

    At the World Congress of Accountants in Sydney, Australia, the Corporate Reporting Dialogue (CRD), which brings together organisations that have significant international influence on the corporate reporting landscape, has announced two-year project focused on aligning the standards and frameworks of its members.

News RSS Feed  Link
 
  • IFRS on Point — October 2018 Image

  • IFRS on Point — October 2018

    published 15 Nov 2018

    IFRS on Point, published at the beginning of each month, highlights critical IFRS-related financial reporting developments.

  • Need to Know - IASB amends the definition of material Image

  • Need to Know - IASB amends the definition of material

    published 14 Nov 2018

    This publication discusses the recent amendments to IAS 1 Presentation of Financial Statements and IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors that have been published by the IASB.

  • Accounting Roundup October 2018 Image

  • Accounting Roundup October 2018

    published 31 Oct 2018

    This accounting roundup, covering the period July 2018 through to September 2018, pulls together the headlines for all the latest developments in accounting, providing links to a wealth of further information and resources.

  • EFRAG endorsement status report 24 October 2018 Image

  • EFRAG endorsement status report 24 October 2018

    published 24 Oct 2018

    The endorsement status report has been updated to reflect that the IASB has issued 'Definition of a Business (Amendments to IFRS 3)' and that the European Union has formally adopted IFRIC 23 'Uncertainty over Income Tax Treatments'.

  • e-learning Image

  • Deloitte e-learning — IAS 19

    published 24 Oct 2018

    This Deloitte e-learning module provides training in the background, scope and principles under IAS 19 'Employee Benefits', and the application of this Standard. Topics covered include accounting for short-term employee benefits, accounting for defined contribution plans and defined benefit plans, treatment of other long term employee benefits, and identifying and accounting for termination benefits.

  • e-learning Image

  • Deloitte e-learning — IFRS 11

    published 24 Oct 2018

    This Deloitte e-learning module provides training in the background, scope and principles under IFRS 11 'Joint Arrangements', and the application of this Standard. Topics covered include the concept of 'joint control', classifying joint arrangements in practical situations, and accounting treatments for joint arrangements.

  • More publications
    • Publication RSS Feed  Link
     

    • IASB Meeting — 19–21 June 2018

      Start: 19 Jun 2018 - End: 21 Jun 2018

      The IASB met in London on 19–21 June 2018 to discuss fifteen topics and included an educational session with the FASB.

  • More meetings
    •  

    Correction list for hyphenation

    These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.