Technical factsheet: FRS 102 – reporting for medium-sized and large entities
This technical factsheet has been updated to incorporate the results of the triennial review carried out by the Financial Reporting Council in 2017, which impact entities for accounting periods starting on or after 1 January 2019
The Insights into Integrated Reporting series is based on our observations from reviewing the integrated reports produced by organisations in the IIRC’s Business Network. Each year, the companies in the Business Network can send their latest integrated reports for review by an Specialist Panel which ACCA convene jointly with the IIRC.
Business reporting of intangibles: realistic proposals
ACCA welcomes the opportunity to provide views in response to the FRC’s Discussion Paper on the business reporting of intangibles. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.
Onerous contracts: costs of fulfilling a contract (amendments to IAS 37)
ACCA welcomes the opportunity to provide views in response to the IASB's proposed amendments to IAS 37. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.
The extent and timing of profit recognition has always been a difficult area of judgement for property development. IFRS15 has during 2018 been changing the way revenue has been recognised in financial reports.Equally significant for profit is the measurement of the costs to allocate against the revenue.Angus Thomson a staff member at the Malaysian Accounting Standards Board has prepared technical advice for ACCA on some questions around the cost of property development inventories and its allocation as cost of sales.
Insights into integrated reporting 2.0: walking the talk
This report examines the reporting practices of organisations in the International Integrated Reporting Council's Business Network. It highlights the progress made towards integrated reporting over the past year, discusses the challenges that preparers face, and gives practical recommendations to guide more organisations on the path to integrated reporting.
This report sets out ACCA's views on the characteristics that make for good corporate reporting and on some key general issues that also affect it, including the need for global standards, for a mixture of fair value and historical cost, prudence and the need for reporting to cover more than the financial statements.
Directors responsibilities for financial reporting
This publication has been prepared to assist directors, to understand and fulfil their responsibilities in relation to financial reporting. It has been specifically prepared for members of ACCA and CA ANZ to provide to directors who do not have a financial background to assist them in understanding their responsibilities.
This report sets out to demonstrate why
the SDGs matter to professional
accountants; the role of the private sector
in their delivery and how professional
accountants can be part of a collaborative
group of actors working together to
achieve the aims of the 2030 Agenda
Joint submission by Chartered Accountants Australia and New Zealand and the Association of Chartered Certified Accountants, to a discussion paper issued for public consultation by the International Accounting Standards Board (IASB), Disclosure Initiative—Principles of Disclosure