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The Financial Reporting Council (FRC) has issued amendments to UK accounting standards, ushering in a new financial reporting framework for small and micro entities. The changes will come into effect for accounting periods beginning on or after 1 Ja...
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New regulations approved by the UK Government in April 2015 introduce major changes to the information that small and medium-sized companies are required to file at Companies House. 

The new regulations, including the revised rules for filin...
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Today the Financial Reporting Faculty hosted a lively joint event with the Financial Reporting Council (FRC) at Chartered Accountant’s Hall to discuss the UK’s proposed new accounting regime for small and micro-entities. The event brough...
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In March 2015, the UK Government approved regulations, The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015, which introduce significant changes to UK company law. For example:

Increased accounting thresholds.
&a...
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The Department for Business Innovation and Skills (BIS) has today published the Government’s formal response to the comments received on the 2014 consultation paper on the implementation of the new EU Accounting Directive (the ‘Directive...
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Earlier this year the Financial Reporting Council (FRC) issued a consultation paper outlining proposed amendments to UK accounting standards for small entities. These changes were prompted by the approval of a new EU Accounting Directive (the &l...
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According to figures from the Solicitors Regulation Authority, in 2014 around 28 per cent of the profession consists of sole practitioners. Recent changes to licence regulations means that the number of those going solo could well increase.

A repor...

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The Department for Business, Innovation and Skills (BIS) has released its anticipated consultation on plans to implement the new EU Accounting Directive in the UK. Learn more about audit exemption implications, and how to get involved.

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The Department for Business Innovation and Skills (BIS) has released proposals outlining how it intends to implement the new EU Accounting Directive (‘the Directive’) in the UK.

The Directive, which replaces the longstanding 4th and .....
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This was the running theme at one of our latest company meetings where we had the opportunity to get together, which is crucial to the development of the team and overall success of the business.

With help from an external facilitator we used our...