Financial reporting

2003 articles

Beware of the spreadsheet
"Inherently insecure", "difficult to maintain", and even "dangerous" are just some of the criticisms being thrown at the humble spreadsheet. Is this backlash really justified? Liz Fisher writes
Controlling foreign subsidiaries
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Narrative reporting: how alike are like-for-likes?
Brian A Rutherford considers the development of narrative reporting in the operating and financial review

The new OFR is just around the corner
Richard Martin reports on the UK Government's draft law requiring listed companies to produce an Operating and Financial Review (OFR) to go with the rest of their report and accounts for shareholders.
XBRL: increasing the power of financial reporting
Accountants aren't widely thought of as pioneers, especially when it comes to technology, but with the development of XBRL, Lesley Meall believes that maybe they should be
Are IFRS and GAAP converging?
Richard Martin looks at the relationship between International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP) and what the future holds.

The demand for fair value
Joseph Alfred reports from Singapore on the new FRS 40 and its implications for the investment properties market
Reputation and the OFR
Seamus Gillen considers the challenges of the new Reporting Standard on the Operating and Financial Review
2005 - The Impact of IFRS on SMEs
Richard Martin looks at the impact of International Financial Reporting Standards (IFRS) on small and medium-sized enterprises (SMEs).

A clearer view of risk
Danish A Siddiqui offers a guide through the requirements of IFRS 7
Generation X
Almost a decade after the American CPA Charles Hoffman came up with the idea that led to XBRL, uptake remains muted. Lesley Meall finds out why
Lease accounting
Lease accounting is up for a rethink, and the repercussions could be significant, reports Sarah Perrin
UITF 40 - the spelling of fear
UITF 40 is a series of letters and numbers to strike fear into the hearts of many accountants. But Simon Crompton believes that, with the correct approach, compliance with UITF 40 shouldn’t be such a big issue

Technical update
The latest international technical news
Technical update
The latest international technical news
Another step closer
A landmark decision by the Securities and Exchange Commission could mean IFRS convergence may happen much sooner than originally thought, reports Holly Yeager
Technical update
The latest international technical news
Hitting the buffers?
Just how well is the accounting standards ‘convergence’ programme between Europe and the US progressing? asks Richard Aitken-Davies
Technical update
The latest international technical news
Technical update
The latest technical news
Technical update
The latest international technical news
Technical update
The latest international technical news
Technical update
The latest international technical news

Principles or rules?
Although the convergence battle has been decided, with all parties agreeing to the need for an international set of accounting standards, the debate still rages on, as Christian Doherty discovers
Acquisition and US business
As the year-end corporate reporting cycle comes to a close in the US, companies there are beginning to turn their minds to the new acquisition accounting standard passed in January - and they may be in for a surprise, says Lauren Keane
Technical update
The latest international technical news
Technical update
The latest international technical news