Financial and Accounting News

• May 24, 2021 IAASB Issues Revised Work Plan for the Remainder of 2021 The International Auditing and Assurance Standards Board (IAASB), after consultations with the Public Interest Oversight Board, has issued a revised plan for the remainder of the current year. The IAASB has ...
• April 6, 2021 BDO Replaces Deloitte as Auditors of Warehouse REIT Warehouse REIT, a specialist warehouse investor, has confirmed the appointment of BDO as its new auditor for the financial year ending March 31, 2022. The decision of appointing BDO as the company’s new external a ...
• February 22, 2021 IASB Plans to Extend IFRS 16 support for Lessees The International Accounting Standards Board (IASB) recently published a consultation with regards to a proposal related with the extension in the application period of amendment to IFRS 16 Leases, by one year. The ...
• February 12, 2021 IASB Issues Reporting Guidance related to Going Concern through IFRS Foundation The International Accounting Standards Board (IASB) recently issued guidance (through IFRS Foundation) regarding applying going concern judgments when preparing and finalizing financial statements, in light of the ...
• January 15, 2021 IASB Reviews Group Financial Reporting Standards The International Accounting Standards Board (IASB) is looking to obtain feedback from relevant stakeholders on three of its International Financial Reporting Standards (IFRS), to assess the ease of implementation, ...
• January 15, 2021 IRIS Group Accelerates Cloud Practice Management with Acquisition of Senta IRIS Group (IRIS) has acquired Senta, the cloud practice management software for bookkeepers and accountants. This move by the software group comes at a time when most accounting firms are preparing their clients for the ...
• January 14, 2021 The Benefits of Using Cloud Data Recovery Services Technology has traveled a long way to make human life more manageable. Technology is evolving rapidly, and everything in this world is becoming digital. By taking advantage of tech advancements, you can take your ...
• January 13, 2021 Petrol Giant EG Group Appoints KPMG as its New Auditor The Big Four Firm Deloitte has resigned from its position of external auditor to EG Group, the company set up by the Issa brothers who recently purchased Asda Stores Limited, and is to be replaced by another Big Four ...
• January 13, 2021 M&G Decides to Appoint PwC as its External Auditor Britain based Investment manager M&G has decided to appoint PwC as its new external auditor thus replacing KPMG which had been the firm’s statutory auditor since 1999 M&G is a well-known investment manager t ...
• January 12, 2021 How to Secure Data Effectively for Remote Work Employees As long as most companies work with geographically distributed teams nowadays, more and more employees begin to work remotely. So the companies face unique security challenges. Once employees do not work on-site, they are supposed to rely on their own devices and Wi-Fi networks to access company information.