Accounting and reporting

• UK regulator urges reporting of workforce metrics

  The FRC provides a practical tool for companies to develop their reporting on workforce issues.

• Viability, risk, diversity come under FRC spotlight

  The UK regulator made recommendations on company reporting in its most recent assessment of UK corporate governance.

• Ethics rules, audit recommendations issued in UK

  The UK Financial Reporting Council issued new rules focusing on strengthening auditor ethics and independence requirements. Meanwhile, the Brydon Report recommended actions to improve the quality of audits.

• IASB proposes broad changes focused on financial performance

  Proposals issued by the International Accounting Standards Board would require information in financial statements to be focused more on financial performance.

• The forgotten history of accounting words

  Common accounting terms used today have a rich, useful, and sometimes surprising heritage.

• Ask the expert: Financial services

  CEO Ed Molyneux co-founded FreeAgent in 2007 with the aim of democratizing accounting for small businesses and to help them work better with their accountants.

• IFAC seeks consistency, accountants’ engagement in corporate reporting

  The wide variety of frameworks and standards initiatives prevents consistency in corporate reporting, according to the International Federation of Accountants.

• Ethics in action: Misleading reporting

  What’s a management accountant to do when faced with pressure to fudge the numbers?

• FRC urges transparency in lease accounting disclosures

  The UK Financial Reporting Council called on companies to provide more information on the effects of the new lease accounting standard.

• Climate-related reporting frameworks highly aligned

  Assessed against TCFD’s recommendations, report shows GRI, SASB, CDP, CDSB, and IIRC standards have high levels of agreement.

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