Over recent weeks, there have been a few threads in Any Answers asking for advice on correcting errors, e
Financial reporting
The European Union’s financial and economic affairs council agreed a new directive on Tuesday 21 February that allows member states to exempt very small companies from accounting and financial repo
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The FRC recently published a research paper as part of a campaign to protect the UK’s “comply or explain” corporate governance culture from European reforms.
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
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
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The Commons Public Accounts Committee (PAC) has described government estimates showing £10.9bn written off in unpaid tax
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The Accounting Standards Board (ASB) has re-exposed revised proposals for the future of financial reporting
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New bank accounting rules are needed to avoid another financial crisis, according to the Bank of England's director of financial stability Andy Haldane.
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
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Big Four firm PricewaterhouseCoopers was hit this week with a £1.4m fine and a minimum of £22,051 in costs for disciplinary failings it admitted in its role as auditor for JP Morgan Securities (JPM
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