In the current version of UK GAAP taxation is dealt with in two accounting standards: FRS 16 Current Tax and FRS 19 Deferred Tax, explains Steve Collings.
Accountants could be asked to sign off financial reports on companies’ social, environmental and human capital performance under a proposal for integrated reportin
Mentions of “business models” in financial reports are “inconsistent, incomparable, and incomplete” because of a lack of consistent guidance, according to a
My brain has gone home for christmas and I can't decide how to treat this simple scenario:
Can anybody direct me to the guidance on disclosing 'clients account' bank accounts?
Audit inspectors frequently complain about firms that undertake audit work which falls short of acceptable benchmarks, explains Steve Collings.
The Accounting Council of the Financial Reporting Council (FRC) has held two meetings in the month of July relating to the new Financial Reporting Standard applicable in the UK and Republic of
Grateful if somebody could confirm (or not) my thinking in the following situation.
My client A Ltd, a UK limited company, is 100% owned by Mr A.
Barclays’ preliminary results this week were met with criticisms over the non-disclosure of more than £2bn in deferred bonuses and “accounting alchemy” in how non-trading gains and losses were repo