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CIMA and Datamaran to provide AI-powered ESG software
The Chartered Institute of Management Accountants (CIMA) and software provider Datamaran have partnered on a referral offering to equip finance…
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Government announces next steps for UK Sustainability Reporting
The Government has provided an update on the implementation of Sustainability Disclosure Requirements in the UK. Background The International Sustainability…
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ACCA June 2024 exam sitting pass rates announced
Pass rates have been announced by the Association of Chartered Certified Accountants (ACCA) for students who sat their exams in…
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Delays and backlogs contribute to doubts over usefulness of consolidated government accounts
ACCA (the Association of Chartered Certified Accountants) remains concerned about the usefulness, timeliness and data quality and collection of Whole…
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IFRS Foundation publishes 2023 Annual Report
The IFRS Foundation has published its annual report and audited financial statements for the year ended 31 December 2023, reinforcing…
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Forvis Mazars responds to the FRC’s market study into sustainability assurance
Forvis Mazars recently submitted a response to the FRC’s market study into sustainability assurance. Given the previous government’s announcements on…
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IFRS 18 to aid investor analysis
The International Accounting Standards Board (IASB) has completed its work to improve the usefulness of information presented and disclosed in…
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RSM UK: FRC issues 'major' GAAP changes
The FRC has issued substantial amendments to FRS 102, that aim to ‘enhance the quality of UK financial reporting’ by…
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Government and finance experts explore Azerbaijan’s sustainability plans
Azerbaijan’s sustainability plans, programmes and aspirations came under discussions from leading players in the country’s government and financial sector as…
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Changes to UK company size thresholds and GAAP
The UK Government has announced a series of proposals aimed at reducing complexity and regulatory requirements for micro, small and…
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UK Endorsement Board publishes its 2024/25 regulatory strategy
The UK Endorsement Board (UKEB) has published its 2024/25 Regulatory Strategy and Feedback Statement following a stakeholder consultation on its strategy. It sets out…
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AICPA & CIMA back implementation of IFRS sustainability disclosure standards
AICPA & CIMA, which together form the Association of International Certified Professional Accountants, have announced they have become members of…
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IASB consults on proposals to improve reporting of acquisitions
The International Accounting Standards Board (IASB) has published a package of proposals aimed at enhancing the information companies provide to…
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FASB issues crypto asset standard
The Financial Accounting Standards Board (FASB) has issued an Accounting Standard Update (ASU) that will see US GAAP require cryptocurrencies to be…
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How sustainability is being embedded into accounting accreditation education
Accounting accreditation providers are making efforts to incorporate sustainability into their syllabuses and develop students’ critical thinking skills amid a…
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The Transition Plan Taskforce’s mandate has been extended
The TPT was announced at COP26 in Glasgow and launched in April 2022 with a two-year mandate to deliver the…
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Beacons of order in a turbulent landscape
Pamela Steer, president and CEO, Chartered Professional Accountants of Canada (CPA Canada) In the turbulent landscape of 2023, where the…
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IAASB issues guidance for assurance practitioners when citing IFRS Standards
The International Auditing and Assurance Standards Board (IAASB) has issued guidance to help stakeholders understand how to reference IFRS Accounting Standards to…
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IFAC announces plan to revise sustainability reporting and assurance education standards
The International Federation of Accountants (IFAC) has announced plans to revise the International Education Standards (IES) to bring greater focus…
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IFRS and ISO commit to future cooperation
Following the publication of the International Sustainability Standards Board’s (ISSB) inaugural standards, IFRS S1 and IFRS S2, the IFRS Foundation…