On 3 October 2012, the UK’s Financial Reporting Council (FRC) issued an exposure draft containing some limited amendments to the proposed draft FRS 102 The Financial Reporting Standard applicab
FRS 10 deals with accounting requirements of goodwill and intangible assets.
Over recent years, there have been a few Any Answers posts relating to certain disclosures within the financial statements such as when ‘exceptional items’ are encountered and there is uncertai
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
Steve Collings considers some of the emerging questions that are being asked as part of the overhaul of solicitors accounts rules and the ‘outcomes-focused’ regime which now governs the way pro
The introduction of the Academies Act 2010 has seen a significant increase in the number of schools opting out of local authority control and converting to academy status, explains Steve Collin
Many (if not all) accountants are aware that UK GAAP in its current form is set for significant change and it is likely that the Financial Reporting Council (FRC) will announce this year that t
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