Steve Collings

As a follow-up to his article on audit completion, St

This is the first of two articles and relates to the completion of the external audit because this is an area that is prone to oversight, sometimes due to fee pressure or misunderstanding of th

Steve Collings reports on a new compromise emerging on controversial proposals to amend the international standard governing lease accounting.

The ‘clarified’ International Standards on Auditing (ISAs) have been with us for nearly two years.  However, issues are emerging which frequently trip audit firms up – sometimes due to audit so


In January the Accounting Standards Board (ASB) issued revised exposure drafts 46, 47 and 48 outlining their intention to replace all current FRSs/SSAPs and UITF Abstracts with a new ‘Financial


Financial reporting expert Steve Collings sifts through the latest IASB exposure draft containing amendments to 11 standards.

Many companies receive grants for all sorts of different things, for example when a company wants to expand and set up in a deprived area, the company may receive a grant from the government to


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