(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Financial Reporting

Brexit: implications for financial reporting

Following the triggering of Article 50, the implications of the June 2016 UK referendum remain at the forefront of political debate in the UK. The impact that Brexit will have on the UK’s financial reporting infrastructure and the related international ramifications have, however, not yet attracted sufficient attention. As part of ICAEW’s ongoing response to… Read More Brexit: implications for financial reporting

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Financial Reporting

Aligning your business to your sustainable development goals

A new approach that supports businesses looking to contribute to the achievement of the sustainable development goals (SDGs) as part of their value creation process has been published today by the International Integrated Reporting Council (IIRC) and ICAS, in partnership with the Green Economy Coalition. The report, authored by academic Professor Carol Adams CA of… Read More Aligning your business to your sustainable development goals

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Financial Reporting

The rise of integrated reporting

Corporate reporting needs to adapt to economic reality and stakeholder expectations. Could integrated reporting be the solution? By Brendan Sheridan Integrated reporting (IR) represents “an umbrella report for an organisation’s broad suite of reports and communications, enabling greater interconnectedness between different reports – the way to achieve a more coherent corporate reporting system, fulfilling the… Read More The rise of integrated reporting

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Reporting

Steps towards BEPS

International organizations have long waged a campaign against tax base erosion and profit shifting. Hong Kong is part of the battlefront and, as A Plus reports, multinational corporations will have to prepare for BEPS requirements – by adapting to new rules or even by changing their business models. Hong Kong last month edged closer to… Read More Steps towards BEPS

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Reporting

Insurance brokers: Accounting for premiums receivable from policyholders

An insurance broker acts as the agent of policyholders or potential policyholders and is committed to provide its services in the policyholder’s best interest at all times. Insurance brokers assist policyholders with assessing their insurance needs, negotiating with insurers for better terms and premiums, or advising on matters related to insurance. In Hong Kong, an… Read More Insurance brokers: Accounting for premiums receivable from policyholders

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Reporting

Shaping the future of IFRS together

In the A Plus April 2016 issue, we provided an overview of what to expect from the International Accounting Standards Board’s Disclosure Initiative project. A lot has happened since then. Right now, possible changes to the way a company presents its financial performance, financial position, cash flow, equity and additional notes are being debated. All… Read More Shaping the future of IFRS together