Year: 2021
FRC issues guidance on climate-related scenario analysis, reporting against TCFD
UK premium-listed companies will need to report against Task Force on Climate-related Financial Disclosures recommendations from the end of the year.UK regulator lists 10 areas for reporting improvement
The Financial Reporting Council said it will focus on companies’ reporting against new climate-related requirements in 2022.COP26: 5 things to watch for
Accounting and finance professionals can be prepared for developments in these areas to support their organisations’ climate-related targets.Nigerian startups digitise local food supply chain
Two rapidly expanding digital marketplace startups are working with lenders to provide credit to businesses on their platforms.Protecting your organisation against money laundering
This article discusses three techniques of laundering money through a business, and the indicators they might present to an accountant observing from within or without.How boards can combat pandemic-induced uncertainty
To face fallout from the lingering pandemic, boards are likely to prioritize five matters.Circular business model opportunity and risk for finance leaders
Circular economy models provide business opportunity in purchasing, production, and sales, with finance professionals having a pivotal role in their implementation.The only way is up: Corporate chiefs warn on prices
Multinational businesses are passing on their costs to consumers and predict that inflationary pressures will continue.More corporate directors agree action needed on board diversity
But many think diversity is driven by political correctness, with male directors more sceptical of diversity and inclusion efforts.UK government provides outline of reporting programme to combat ‘greenwashing’
Detailed information on scope and timing will follow after public consultation.Carmakers shift up a gear in race to go electric
Auto manufacturer stakes in battery makers and startup joint ventures are part of the new electric vehicle landscape.6 steps to become a finance data ‘translator’
Even if you’re not a programmer or a coder, you can be a strategic go-between in your organisation.UK’s FRC issues guidance for reporting under IAS 37: Provisions, Contingent Liabilities, and Contingent Assets
The review is aimed at helping investors understand the longer-term financial effects of climate change and other risks to companies’ prospects.SASB issues XBRL taxonomy to improve ESG reporting comparability
The XBRL taxonomy aims to simplify ESG reporting and improve data aggregation and analytics.Europe’s carmakers face raw material bottleneck for EV batteries
There are plans to build around 50 battery plants in the EU, but a “disconnect” with a global lack of investment in raw materials extraction.UK’s FRC issues guidance for electronic format annual reports
The regulator provided tips for companies across the areas of process, usability and appearance, and tagging.Historic global tax deal taking final shape
After years of difficult negotiations, an OECD-brokered deal to update international corporate tax rules has the support of all OECD countries and is closer to becoming reality.Corporate business travel ‘carbon budgets’ loom for airlines
Companies and business travel agencies are using tools to measure flight emissions based on plane type, routes, and travel class.Alternative performance measures: UK’s FRC sets out ways to improve transparency
Companies should provide information for investors to understand clearly APM calculations, the rationale for adjustments, and their limitations.
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