Planning for the 2022/23 reporting season in a tough economy
ICAEW’s Financial Reporting Faculty looks at the implications of current economic conditions for the upcoming reporting season.
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ICAEW’s Financial Reporting Faculty looks at the implications of current economic conditions for the upcoming reporting season.
Despite continued economic uncertainty, the FRC has not detected a decline in reporting quality. However, improvements in key areas are still needed.
Part two of the Economic Crime Bill, setting out extensive provisions to reform Companies House, has been introduced to Parliament. This article focuses on the measures intended to improve financial information on the register.
ICAEW expresses serious concern that EFRAG’s proposed European sustainability reporting framework could contribute to a fragmented sustainability reporting system.
Separate reports from the FRC and FCA indicate that premium listed companies have made significant progress in the quality of climate-related reporting, but more needs to be done.