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Category Archives: Audit and Assurance

Santa should look out for new FRS accounting frameworks

Paul Creasey

24 December 2016

During the summer of 2015, the Financial Reporting Council (FRC) issued a new reporting framework for small and micro entities. If this is likely to affect Santa, then he might want to think about how he will present his accounts … Read More >>

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The upgrade that you can’t postpone – changes to small company reporting for technology businesses

Paul Creasey

12 September 2016

September is traditionally the month of new things – including the new shiny iGismo.  We are tempted with new features, new innovations and then gasp at the loss of some familiar features that we think we can’t live without (headphone … Read More >>

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Ring out the old, ring in the new…

Paul Creasey

To quote Alfred, Lord Tennyson in his 1850 poem “Ring Out, Wild Bells”: “Ring out the old, ring in the new”.  Traditionally, the closing of a year is a good chance to draw a line under what’s been before, take … Read More >>

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Mind the GAAP…

Paul Creasey

Please stand clear of the closing doors…this train terminates here… These are all familiar phrases for anyone who has travelled on the London underground.  However, with some major changes taking place regarding the format and content of financial statements in … Read More >>

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A slice of audit pie, anyone?

David Fenn

25 November 2011

Huge changes could be on the horizon for the UK’s largest accountancy firms as Michel Barnier, the European Union Internal Audit Commissioner, looks to shake up the European Audit Market with some radical reforms.

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