Technical resources

Technical factsheet: latest guidance on intangible fixed assets regime

HMRC has brought together the key legislative changes

Updated accounting standards from 1 January 2021

The FRC has issued latest editions of UK and Ireland accounting standards to use for financial years beginning on or after 1 January 2021

EC consultation on Corporate reporting – improving its quality and enforcement

ACCA responds to EC consultation on strengthening corporate reporting and its enforcement

IASB exposure draft Practice Statement on Management Commentary

Views in response to the IASB exposure draft of the Practice Statement on Management Commentary.

Technical factsheet: consolidated statements

Consolidated financial statements provides an overview and refresher including practical examples and legislative references when consolidations are undertaken under FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Technical factsheet 180: related party disclosures

This factsheet provides guidance on the collection and disclosure of related party transactions within statutory financial statements

ACCA's response to IASB's ED Practice Statement on Management Commentary

ACCA welcomes the opportunity to provide views in response to the exposure draft of the Practice Statement on Management Commentary. This has been done with the assistance of ACCA’s Global Forum for Corporate Reporting.

ACCA Principles for Connected Corporate Reporting

ACCA calls on policy-makers, regulators and standard-setters for good quality reporting that should cover a wide range of value drivers for organisations, beyond financial performance and position but equally beyond environmental or social impact.

ACCA's response to targeted amendments to the IFRS Foundation Constitution

ACCA welcomes the opportunity to provide views in response to the IFRS Foundation’s Exposure Draft, ‘Proposed targeted amendments to the IFRS Foundation to accommodate an International Sustainability Standards Board to set IFRS Sustainability Standards.’

Creating value managing impact through integrated sustainability disclosure event

To combat climate change and work towards the objectives of the UN SDGs and of the Paris Agreement, it is vital to establish a global approach for integrated decision-making, resource-allocation, measurement and tracking that can steer the change that is needed. Against the backdrop of Covid-19 and the changing shape of markets and global value chains, the redefinition of risks and the resilience imperative, how can we – policy makers, standards setters, framework providers, business, accountancy profession, civil society- all work together to create the required zero pollution transformation, while rebuilding our economies to support societies to thrive?

Technical factsheet: reporting grants claims under SEISS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

ACCA guide to... preparing your annual accounts

All companies must prepare annual accounts: for shareholders, and for returns to HMRC and Companies House

FRC and BEIS update: company filings and AGM advice

The financial regulator and government have updated their Q&As for company AGMs as they react to the Covid-19 crisis

FRC issues guidance on interims in wake of Covid-19

The Financial Reporting Council has updated its guidance for corporate reporting to now include advice on half-year results and statements

FRC's Discussion Paper - Future of Corporate Reporting

ACCA welcomes the opportunity to provide views in response to the Financial Reporting Council’s discussion paper, A Matter of Principles: The Future of Corporate Reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

Consultation response on Draft Endorsement Advice on IFRS 17 Insurance Contracts - June 2020 Amendments

ACCA's response to EFRAG's consultation on Draft Endorsement Advice on IFRS 17 Insurance Contracts as resulting from June 2020 Amendments

IASB's Business Combinations — Disclosures, Goodwill and Impairment consultation

ACCA welcomes the opportunity to provide views in response to the IASB’s discussion paper on business combinations. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

IFRS Foundation - Consultation on Sustainability Reporting

ACCA welcomes the opportunity to provide views in response to the IFRS Foundation’s consultation paper on sustainability reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

Technical factsheet: ATOL reporting to the Civil Aviation Authority

ATOL reporting accountants must fulfil the CAA's requirements

EFRAG's Mandate on Non-Financial Reporting Standard Setting

ACCA is pleased to contribute our views to assist Mr Gauzès with the mandate to consider the changes in its governance and finance that might be needed if EFRAG took on the role of setting non-financial reporting (NFR) standards for Europe. We have done so using the questions raised in the Annexe to Mr Gauzès letter.

Corporate transparency and register reform

ACCA made a submission to a consultation by the Department for Business, Energy and Industrial Strategy

Webinar - Small in size, big in impact: Can NFI work for SMEs?

SMEs are increasingly required to provide NFI reports, which is a heavy administrative burden, even though these are not (yet) demanded by legislation. These NFI reporting requests come from their supply chains, banks or as part of public procurement. The webinar will discuss the challenges and opportunities for SMEs and present solutions to help SMEs cope.

EU GREEN WEEK 2020 Virtual Conference: Incorporating Nature In The Heart Of Business Decision-Making And Disclosure

ACCA, Capitals Coalition and Deloitte are delighted to invite you to their joint session on Day 3 called “Incorporating Nature In The Heart Of Business Decision-Making And Disclosure”, on 22 October, from 12.00 till 13.00h CET.

The Review of Non-Financial Reporting Directive

ACCA's reponse to a public consultation on the European Commission's review of the Non-financial Reporting Directive

Integrated reporting key to tackling future risks

ACCA report urges companies to promote resource efficiency and value creation as they face Covid-19 recession

Technical factsheet: Engagement letters for practitioners – accounts production

Engagement letters for practitioners – accounts production, issued in May 2020, provides engagement letters, guidance notes to the appendices, covering letter, privacy notice, schedules of services, standard terms and conditions of business and disengagement letter wording.

IAASA Consultation Paper - Proposal to issue Companies Act 2014 Section 933 Regulations

ACCA welcomes the opportunity to comment on the proposal to issue to issue Companies Act 2014 (Procedures Governing the Conduct of Section 933 Enquiries) Regulations 2019 (‘S933 Regulations’).

Technical factsheet: FRS 102 – small company reporting

This technical factsheet has been updated to incorporate the results of the triennial review carried out by the Financial Reporting Council in 2017, which impacts small entities

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

Insights into Integrated Reporting

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.

FRED71 draft amendments to FRS102: Multi-employer defined benefit plans

Exposure draft issued for comment by the Financial Reporting Council in January 2019

Integrated reporting in Turkey - current situation, stakeholders' perceptions and expectations

This is a joint research, carried out by ACCA, CFGS and KPMG Turkey and aims to reveal views of the Turkish business world regarding integrated reporting and corporate reporting practices.

Call for feedback: report on climate-related disclosures by the Technical Expert Group on Sustainable Finance

ACCA welcomes the opportunity to provide views in response to the Technical Expert Group on Sustainable Finance's report on climate-related disclosures.

Costing property development inventories

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.

Financial instruments with characteristics of equity

ACCA welcomes the opportunity to provide views in response to the IASB's Discussion Paper on financial instruments with characteristics of equity.

Summary of changes affecting ATOL reporting accountants

The ATOL reporting rules changed on 1 July

Model accounts

ACCA is updating its successful and regularly requested free proforma model accounts

Accounting Policy Changes: Proposed amendments to IAS 8

Exposure Draft issued for comment by the International Accounting Standards Board in March 2018.

Public consultation: Fitness check on the EU framework for public reporting by companies

ACCA response to public consultation on European Commission's Fitness check on the EU framework for public reporting by companies, issued by the European Commission in May 2018.

Technical factsheet: prior period errors and adjustments

The purpose of this factsheet is to provide guidance on the accounting and disclosure of prior year adjustments within statutory financial statements

Accountants' reports

The SRA has highlighted its expectations of accountants' reports

Accountants' reports

The SRA has highlighted its expectations of accountants' reports

When audit thresholds can be confusing

The audit thresholds for limited companies changed from 1 January 2016 – and can be confusing for companies

FRS 102 – brace for change

Think you’ve mastered FRS 102? We have news for you…

People with significant control

Companies must provide details of their PSCs

FRS 105 – a new reporting regime for micro-companies

Guidance to share with clients who operate in the public sector

Directors’ loan account – valid entries are vital

Failing to record directors’ loans can prove costly

Dividend payment templates

The practical procedures for payment of dividend templates for board minutes, dividend vouchers and dividend waivers