Financial and Accounting News

• July 22, 2020 IASB issues amendments to IFRS 17 Amendments to IFRS 17, Insurance Contracts, has been issued by the International Accounting Standards Board (IASB) to address implementation concerns and challenges identified after it was first introduced in May ...
• March 20, 2020 ReadyRatios integration with QuickBooks Online Importing accounting data from QuickBooks is easy with the new feature in ReadyRatios financial analysis.
• March 4, 2020 BDO Replaces KPMG as the Logistics Firm External Auditor A logistics management specialist Wincanton has replaced KPMG with BDO as its new external auditor for the financial year ending March 31, 2021. The decision of appointing BDO as the company’s new external auditor r ...
• March 3, 2020 Global Ethics Code Playing Catch Up with Latest Technology Developments The International Ethics Standards Board for Accountants (IESBA) is set to make amendments to the code of ethics in response to the impact of changes caused by ground breaking technological innovations. The IESBA ...
• December 28, 2019 Regulator Launches an Inquiry into Operations of a Birmingham Based Charity The Charity Commission has initiated an inquiry into a charity named Jamia Alfurqan Ltd after serious concerns with regards to the charity’s operations and management were raised by the Police. The inquiry is e ...
• December 28, 2019 KPMG has Replaced PwC as the New Auditor to the Broadcaster ITV FTSE 100 firm ITV has replaced KPMG with PwC as its external auditor for the financial year ending December 31, 2021. The decision of appointing PwC as ITV’s new auditor has been taken after the media group’s aud ...
• October 15, 2019 Leading UK Furniture Business Collapses into Administration Triumph Furniture Ltd, one of the largest manufacturers of furniture in the UK, has collapsed after an unprecedented drop in sales over the last few weeks. The furniture company, with bases in Dowlais amd Merthyr ...
• October 14, 2019 What You Need to Know About Forex Order Types When Forex trading is concerned, orders remain one of the most powerful tools investors can make use of when entering a trade, when they are looking to reduce the downside risks or to safeguard their profit. For that ...
• October 14, 2019 How Technology is Shaping the Future of Financial Services for the Better In the past, we covered how financial analytics firm Metapraxis found that majority of young finance professionals actually feel threatened by emerging technologies. Fearing that utilizing automation in core finance ...
• October 14, 2019 ICAEW Signs MoU with ICAI Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Chartered Accountants of India (ICAI) have signed an agreement for establishing a pathway for their members to become members of both ...