Melting ice cap

19 November, 2020

Roadmap to mandatory TCFD reporting ‘should focus minds’

When it comes to mandatory climate-related risk reporting there isn’t as much time as recent headlines might suggest. The government has said the legal framework to make it compulsory will be in pla...
Person placing final piece of jigsaw puzzle

10 November, 2020

How 2020 has sparked acceleration to a comprehensive reporting system

2020 has undoubtedly been a crisis year. The global pandemic, climate change and the challenges of inequality and the infrastructure gap have tested organisations’ resilience like never before, and ...
Interconnected points on a globe

30 October, 2020

Sustainability in spotlight at IIRC Global Conference

The growing importance of integrated reporting will be explored in November when experts, business leaders and investors from around the world gather online to explore the issue of sustainable value c...
Covid-19 crisis and stock market prices

22 October, 2020

FRC issues further warning over Covid and corporate reporting

Watchdogs have stressed yet again that companies be plain in disclosing their performance prospects as a result of the pandemic in their reporting. The warning comes in the Financial Reporting Coun...
Corporate reports on a boardroom table

9 October, 2020

FRC proposes ‘public interest report’ to highlight stakeholder issues

With all the talk of stakeholder interests in business it was only a matter of time before corporate reporting began to catch up. And so it has. This week sees the UK reporting watchdog issue proposal...
Covid-19, coronavirus, hits markets

21 July, 2020

Covid-19: FRC urges companies to provide ‘more extensive disclosures’

The campaign for companies to fully report the impact of Covid-19 on their performance continues. A report from the Financial Reporting Council (FRC) published this week sees the regulator “remindin...
financial disclosures during covid pandemic

17 June, 2020

FRC urges ‘clear and timely’ disclosures on company prospects

UK corporates facing a significant recession have been warned their financial disclosures must fully recognise the risks to their survival. Investors expect painful transparency for company prospects,...
Covid-19, coronavirus, hits markets

22 May, 2020

FRC urges companies to provide ‘full disclosure’ of survival prospects

UK companies are under notice to be transparent about their prospects for survival as a result of the Covid-19 crisis. The warning comes from the
auditor

22 April, 2020

‘Going concern’ regulation puts firms and auditors under the microscope

"A clean bill of health"—the much sought-after words for billions of people around the world during the coronavirus pandemic. Throughout these unprecedented times, there has been and will continu...
Audit stamp, audit quality, auditor, Brydon review

19 December, 2019

Brydon review: ‘true and fair’ must go while fraud becomes auditor responsibility

The long-standing “true and fair view" principle at the heart of accounting and auditing in the UK and many other jurisdictions could be changed following the government-commissioned Brydon review o...