Accounting roundup — Closing Out 2022
Closing Out 2022 discusses the principal corporate reporting issues arising in respect of 31 December 2022 annual reports, covering areas of regulatory focus identified in the Financial Reporting Council’s (FRC's) Annual Review of Corporate Reporting 2021/2022 and issues arising from the current uncertain economic environment.
The issues affecting December 2022 reporters include:
- the ongoing impacts of climate change, rising commodity prices and inflation, global supply chain disruption and labour shortages, with many issues exacerbated by the conflict between Russia and Ukraine;
- climate-related financial disclosure requirements including reporting against the Task Force on Climate-related Financial Disclosures (TCFD) recommendations for listed companies; and
- areas of regulatory focus identified in the FRC's annual review of corporate reporting 2021/22 including cash flow statements, financial instruments and income tax.
Our Closing Out 2022 publication covers all these topics and more, providing an invaluable guide to the issues affecting today’s corporate reporting.
Related Topics
- COVID-19
- Company Law
- Corporate Reporting Review
- Directors' Remuneration
- Disclosure Guidance and Transparency Rules
- Distributable Profits
- EU Law
- Financial Conduct Authority (FCA)
- Financial Reporting Council
- Financial Reporting Lab
- Going Concern
- Listing Rules
- Market Rules
- Narrative Reporting
- Sustainability reporting
- UK Endorsement Board (UKEB)
- s172 reporting
- Task Force on Climate-related Financial Disclosures (TCFD)
- UK Endorsement Board
- Accounting and financial reporting reminders - ESMA
- Brexit
- Conduct Committee
- European Single Electronic Format (ESEF)
- Narrative reporting - other
- Non-GAAP measures (including underlying profit)
- Regulation and enforcement
- SECR
- Climate risk
- Coronavirus (Covid-19)
- COVID-19
- Environment, Social and Governance (ESG)
- Narrative reporting - strategic report