Accounting and reporting

• Lessons from lease accounting implementation

  Embedded leases, data extraction, and staff training all pose challenges with the IFRS 16 deadline approaching.

• Pacioli text sells for more than $1.2M

  A first-published explanation of double-entry bookkeeping drew the winning bid at Christie’s auction in New York.

• Ask the expert: Leases

  John Kuett heads accounting strategy for LeaseAccelerator, the software-as-a-service (SaaS) solution for Enterprise Lease Accounting. He has 20 years’ experience directing companies’ financial reporting and compliance with IFRS 16 and ASC 842. He is an IFRS expert, specialising in topics such as IFRS 15, IAS 16, and IFRS 16 leases.

• UK regulator plans enhanced audit and reporting oversight

  The UK Financial Reporting Council, which is transitioning its authority to a new regulatory body, announced plans to step up its enforcement and oversight of auditing and corporate reporting.

• Revising the UK’s Stewardship Code

  Changes would include a focus on purpose, ESG, and a wider range of assets.

• Integrated reporting gains momentum in Asia

  IIRC chief strategy officer says more companies in Asia are adopting IR to improve corporate governance and offers practical pointers on IR implementation.

• Ask the expert: Cloud computing

  Damon Anderson is an international leader in fintech with over 15 years of experience delivering cutting-edge digital marketing and payments technology. As director of Partner & Product at Xero, he understands the ins and outs of accounting and bookkeeping.

• Audit quality report, new environmental guidelines, and more

  Here’s a roundup of recent developments in corporate reporting.

• WEF on integrated reporting, IFRS 17, FRC review, and more

  Here’s a roundup of recent developments in corporate reporting.

• Nonfinancial reporting: The big debate

  Recent UK forum poses arguments on whether corporate sustainability reporting should be mandatory.

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