2010

Disclosure initiative: proposed amendments to IAS 1

Comments from ACCA to the International Accounting Standards Board.

South African institutional investors’ perceptions of integrated reporting

This report outlines the reactions of the South African institutional investment community to the production of integrated reports by South African listed companies.

Capital gains tax on property held by non-UK residents

The UK government issued a consultation document in March 2014 on implementing a capital gains tax charge on gains made on UK residential property disposals by non-residents. The charge is expected to take effect from April 2015.

New Charities SORP

The new charity SORP based on the FRSSE and FRS 102 have now been issued. You can access them here.

UK VAT Notices - July 2014

A summary of VAT notices currently in force.

Non-resident Landlord Scheme

There is an obligation on letting agents and tenants to operate the non-resident landlord scheme (NRL scheme) under certain conditions.

The conference of The World Bank Centre for Financial Reporting Reform

Paul Cooper reports on the conference, which covered two programmes that support accounting, auditing, and institutional progression in a number of countries in Eastern Europe and the former Soviet Union.

Accountancy and actuarial disciplinary schemes

Comments from ACCA to the Financial Reporting Council.

The auditor's responsibilities relating to other information

Comments from ACCA to the International Auditing and Assurance Standards Board.

Local government audit

Comments from ACCA to the Department for Communities and Local Government.

Five years of the global economic recovery

ACCA and IMA explore the major trends that have driven the global economy between 2009 and 2014 and considers what they might mean for the future of the recovery.

Financial reports of pension schemes

Comments from ACCA to the Pensions Research Accountants Group (PRAG).

Stock exchanges in sub-Saharan Africa: capturing intent towards ESG requirements

This report explores the level and extent of sustainability activities of 10 stock exchanges across sub-Saharan Africa.

Technical Factsheet 189: Intangible Fixed Assets

The purpose of this factsheet is to provide guidance on the accounting and disclosure of accounting for intangible assets within statutory financial statements. This factsheet will consider the provisions within the Companies Act 2006 and the accounting and disclosure requirements within the related accounting regulations, FRS 10 Goodwill and Intangible Assets, FRS 11 Impairment of Fixed Assets and Goodwill, SSAP 13 Accounting for Research and Development, Financial Reporting Standard for Smaller Entities 2008 (FRSSE 2008), FRSSE 2015 and Financial Reporting Standard 102 (FRS 102) The Financial Reporting Standard Applicable in the UK and Republic of Ireland.

Technical Factsheet 187: Going concern

The purpose of this factsheet is to provide guidance on going concern within statutory financial statements. This factsheet will consider the provisions within the Companies Act 2006 and the accounting and disclosure requirements within the related accounting regulations, FRS 18 Accounting policies, Financial Reporting Standard for Smaller Entities 2008 (FRSSE2008), FRSSE 2015 and Financial Reporting Standard 102 (FRS 102) The Financial Reporting Standard Applicable in the UK and Republic of Ireland.

An introduction to ACCA’s technical policy work

This document outlines the work of ACCA on technical policy issues and details the main individual areas of focus.

Intended changes to GRI’s governance

Comments from ACCA to the Global Reporting Initiative.

Governance, risk and performance conference 2014: voting results and resources

ACCA's March 2014 conference looked at four areas: creating value through governance, risk reporting, corporate culture and behaviour and accounting for uncertainty.

Breaking out: public audit’s new role in a post-crash world (an English perspective)

This paper summarises an ACCA roundtable in Westminster in April 2014, discussing audit and accountability.

CAA announces consultation on regulation of ATOL members

The CAA is consulting industry on proposals to rebalance the regulatory approach to the Air Travel Organisers’ Licensing (ATOL) scheme.

Appeal provisions

Changes to appeal provisions for out of time reviews.

Agency workers

HMRC has issued guidance on the status of workers supplied via intermediaries called Agency workers: changes to treatment of workers supplied through UK based agencies, employment businesses or other intermediaries.

Reporting for academies

Academies Accounts Direction 2013 to 2014 is a reference pack for academy trusts to use when preparing their annual reports and financial statements for accounting periods ending on 31 August 2014. It also supports auditors with their audit of the financial statements.

Reporting for colleges

Guidance on financial management from the Skills Funding agency.

Revenue recognition

The International Accounting Standards Board has issued IFRS 15 Revenue from Contracts with Customers.

Depreciation and amortisation

The International Accounting Standards Board has issued amendments to IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets.

Proposed revisions to the UK corporate governance code

Comments from ACCA to the Financial Reporting Council.

True and Fair statement published by FRC

The Financial Reporting Council (FRC) has published a statement to confirm that the requirement to present a true and fair view remains of fundamental importance in IFRS and UK GAAP, including the new UK standards FRS 100 -103.

The drivers of audit quality: auditors’ perceptions

This report summarises the findings of an online survey conducted by ACCA and Macquarie University into auditors’ perceptions about the drivers of audit quality. It forms part of a three-part project investigating perceptions of CFOs, auditors and company director’s.

The digital economy: OECD’s consultation on tax challenges

This briefing paper reviews the OECD’s March 2014 consultation to address the tax challenges of the digital economy.

Pillage: a new threat to global supply chains

This paper explores the business risk of association with economic war crimes as supply chains lengthen and activist interest grows.

Alternative finance showcase: Money & Co

This presentation by chief lending officer Chris Lake and head of credit analysis Toby Furnivall, of Money & Co explains their business model and their offering to businesses and investors.

Roundtable discussion: The future of access to finance

As part of the 2nd ACCA Alternative Finance Conference, Steve Edwards FCCA, chairs a roundtable discussion on the latest developments in business financing in the UK and beyond.

Showcase Q&A: Challenging the challengers

In this video, a panel of representatives from new UK alternative finance providers take questions about their business models and their thoughts on the UK business financing landscape.

Alternative finance showcase: Oaknorth

This presentation, by Richard Davies, CEO of Oaknorth, discusses their intended offering of lending and savings products for SMES and investors.

Alternative finance showcase: The British Business Bank

Peter Wilson, managing director of The British Business Bank’s investment programme, explains the Bank’s structure and objectives, their activity to date, and what the future holds.

Expert Q&A: Financing future business

In this video, a panel of experts discuss research findings on the future of business financing, and some of the more promising business models on the horizon.

An introduction to reverse factoring and supply chain finance

Enrico Camerinelli, senior analyst at Aite Group discusses the business case for supply chain finance, including some findings on the potential size of the market for financial institutions.

Banking on intangibles

Martin Brassell, CEO and co-founder of IP and intangibles consultancy Inngot. presents the findings of his firm’s far-reaching research for the UK Intellectual Property Office.

The FCA’s approach to the regulation of crowdfunding

Jason Pope and Susan Cooper, both technical specialists with the Financial Conduct Authority, discuss oversight of the p2p and crowdfunding sector.

An introduction to challenger banks and the emerging fin-tech sector

Ian Dowson FCCA discusses his research into the new emerging business models that promise to change the world of business financing.

The Financial Reporting Supply Chain in Asia

Article by Brian Blood on the inaugural Financial Reporting for Economic Development Forum staged by the Confederation of Asian and Pacific Accountants (CAPA).

Revised operating procedures for reviewing corporate reporting

Comments from ACCA to the Financial Reporting Council.

Amendments to Directive on shareholder engagement and corporate governance issues

Comments from ACCA Ireland to the Irish Government.

Macro Hedging

IASB issues discussion paper on macro-hedging.

A study of the business case for supply chain finance

This report considers the business case for supply chain finance and provides a checklist of costs, risks and complications to be considered.

Lease accounting: an update on the international proposed amendments

This paper describes the development of the IASB/FASB project on lease accounting launched in 2009, its current proposals, and ACCA’s views on these.

Alternative dispute resolution for consumers

Comments from ACCA to the Department for Business Innovation & Skills.

Business and investors: providers and users of natural capital disclosure

Joint report by ACCA, Fauna & Flora International and KPMG calling for robust reporting and commitments to reduce impacts on natural capital.

Standard statement of employment terms and conditions

Standard statement of employment terms and conditions.