Steve Collings | AccountingWEB

Steve Collings

Over the past decade the discussion has intensified around moving towards a more uniform global language for financial reporting.


AccountingWEB is pleased to announce the launch of a new channel focusing on financial reporting.  Available fr

The financial reporting overhaul is going to happen sooner than you think and represents the biggest change UK GAAP has seen.


During the early part of this century UK and Ireland auditing standards were replaced by International Standards on Auditing (ISAs).


Audit firms with academies as their clients will be turning their attention to the 2013 audits and undoubtedly digesting the content of the latest

Professional regulators are placing more emphasis on the quality of work performed by reporting accountants in respect of 2011 SRA Accounts Rules. 

FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland becomes mandatory for accounting periods starting on or after 1 January 2015,


In May 2013, the Education Funding Agency (EFA) published the Academies Accounts Direction 2013 (AAD 2013).

The Academies Act 2010 stimulated a surge in schools converting to academy status - and an increase in specialist accountancy work.


During recent lectures on the application of FRS 102, 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland', the