Steve Collings tackles one of the topics that causes the most trouble for practitioners: when and how to measure and recognise goodwill in a client’s financial statements.
Over the years financial statements have become increasingly longer due to the more extensive disclosure notes that are needed to comply with both the Companies Act 2006 and many complicated ac
The way audits are conducted by firms of professional auditors has become more regulated over the years, with the overarching objective of this regulation being to ensure that audits are conduc
The Auditing Practices Board (APB) recently published its compendium, ‘Standards and Guidance 2012’, which sets out amendments to ethical standards that were issued in December 2011.
Over recent weeks, there have been a few threads in Any Answers asking for advice on correcting errors, e
Recent changes to the rules governing solicitors' client accounts could cause trouble for law firms and the accountants who prepare regulatory reports on their accoun
With the audit season kicking off for December 2011 year-ends, Steve Collings looks at some of the most commonly asked questions about clarified International Standar
The Accounting Standards Board (ASB) has re-exposed revised proposals for the future of financial reporting
2012 will hopefully see a breakthrough in the progress towards changing UK GAAP. Although many practitioners are not in favour of the change, the Accounting Standards Board (ASB) is working ha
Before the introduction of accounting standards governing the accounting requirements for provisions, companies were quite able to ‘massage’ the profits (or losses) and report figures which wer