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Forward-thinking companies around the world are actively using digital assets to shape their balance sheets, using a range of solutions – from cryptocurrencies to stablecoins. From an accounting point of...
Article
The next phase of International Financial Reporting Standards (IFRS) updates will bring significant changes, particularly in revenue recognition for SMEs and foreign currency transactions and disclosures. Navigating these updates will...
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FRS 101 is a framework that allows qualifying subsidiaries to benefit from a reduced disclosure requirement in their individual financial statements. This means that these entities can provide less information...
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IFRS17, also known as the International Financial Reporting Standard 17, is a set of accounting standards developed by the IASB. They represent a significant overhaul of accounting practices around insurance...
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IASB's recent updates aim to reduce differences from full IFRS Accounting Standards while maintaining simplicity for small businesses. What does this mean?
Article
Find out which accounting standard you should apply when preparing a set of financial statements in the UK in order to comply with the UK Companies Act 2006.
Article
A Management Commentary is a report that supplements an entity's financial statements. On May 27, 2021, the IASB in response to the changing information needs of investors and creditors and...
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IFRS 16 Leases became mandatorily effective for annual reporting periods beginning on or after 1 January 2019. Read our guide on the significant changes for lessees.
Blog
Read our blog on the new financial reporting standard, IFRS 17 which is considered a welcomed transformation for insurance firms.
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The International Financial Reporting Standards Foundation (IFRS) launched its International Sustainability Standards Board (ISSB) at the UN Climate Change Conference (COP26). This article discusses the aims and next steps for...
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Software-as-a-Service (SaaS) or cloud-based software, is becoming mainstream, but as businesses move away from on-premises software they need to be aware of the accounting implications.
