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World Accounting Report

The ongoing evolution of a UK financial regulator

The UK Government has recently announced a wide-ranging consultation in a white paper, Restoring Trust in Audit and Corporate Governance, which proposes legislative changes that would affect companies, auditors and the city regulator, the Financial..
Online Published Date:  31 May 2021
Appeared in issue:  24.04 - 31 May 2021

Editorial

As this month’s edition of the WAR was finalised, the former UK prime minister, David Cameron, was facing two UK parliamentary committees to discuss his lobbying activities on behalf of collapsed financial service company, Greenshill Capital...
Online Published Date:  31 May 2021
Appeared in issue:  24.04 - 31 May 2021

IASB Agenda Consultation

One of the measures that the IASB takes to ensure an appropriate focus of its work is to undertake every five years a consultation to seek views on the priorities for its programme of forthcoming work. The consultation is an important opportunity..
Online Published Date:  31 May 2021
Appeared in issue:  24.04 - 31 May 2021

Revision of the Non-Financial Reporting Directive

In one of the most significant developments in corporate reporting for many years, the European Commission (EC) recently adopted a proposal for a Corporate Sustainability Reporting Directive (CSRD), which would amend the requirements of the..
Online Published Date:  31 May 2021
Appeared in issue:  24.04 - 31 May 2021

International update: May 2021

The latest Board meeting was once again comparatively brief covering four main topics: goodwill and impairment, dynamic risk management (DRM), primary financial statements (PFS), and financial instruments with characteristics of equity (FICE). This..
Online Published Date:  31 May 2021
Appeared in issue:  24.04 - 31 May 2021

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