Channels
- Practice Area
- Administrative Law
- Admiralty & Maritime Law
- Advertising Law
- Alternative Dispute Resolution
- AmLaw 200 Blogs
- Antitrust Law
- Bankruptcy
- Civil Rights & Privacy Law
- Consumer Law
- Corporate & Commercial Litigation
- Criminal Law
- Divorce & Family Law
- Education Law
- Election Law & Political Commentary
- Electronic Discovery
- Employment & Labor Law
- Environmental Law
- General Counsel Blogs
- Immigration Law
- Insurance Law
- Intellectual Property Law
- International Law
- Judiciary Law
- Media, Entertainment & Sports Law
- Law Firm Management & Legal Marketing
- Personal Injury & Medical Law
- Probate & Estate Planning
- Real Estate & Construction Law
- Tax & Financial Law
- Technology
- Whistleblower Law
- Workers' Compensation
- Law School
RSS
financial reporting
UK: audit exemptions and the accounting framework - summary of responses to BIS consultation published
The Department for Business, Innovation and Skills has published a summary of the responses received in respect of its recent consultation on audit exemptions and changes in company accounting frameworks: see here (pdf). The Government's own response will be published in the next few months.
UK: FRC consults on draft plan and budget 2012/13
The Financial Reporting Council is consulting on its draft plan and budget for 2012/13: see here (pdf). The Plan notes that the FRC Board and Government are close to reaching conclusions on the reform of the FRC, following a consultation which closed in January (responses for which are available...
UK: Audit Exemptions and Change of Accounting Framework - BIS consultation paper published
The Department for Business, Innovation and Skills has published a consultation paper titled Audit Exemptions and Change of Accounting Framework - see here (pdf) - in which it proposes, amongst other things, making the exemption from audit available to a larger number of SMEs and certain...
Reducing financial reporting burdens for the smallest businesses
The Financial Reporting Council (FRC) and the Department of Business, Innovation and Skills (BIS) have published a discussion paper, 'Simpler Reporting for Smaller Businesses', which sets out ideas to reduce the amount of reporting micro-entities (those with a turnover of less than €500,000, net...
UK: the FRRP's annual report and improving the operation of 'comply or explain'
The Financial Reporting Review Panel published its 2011 annual report today: see here (pdf). Of particular interest is what the Panel says regarding corporate governance statements: explanations for departures from the Combined Code (now the UK Corporate Governance Code) could often be clearer and...