Technical roundup, 10 January

Jan 09, 2020

Northern Ireland 

UK 

  • Companies need to improve their governance practices and reporting if they are to demonstrate their positive impact on the economy and wider society, according to a new report from the FRC.
  • The Financial Conduct Authority (FCA) and the Bank of England have this week outlined their plans to develop their data and analytics capabilities. Both authorities depend on access to high-quality data to fulfil their respective missions of maintaining monetary and financial stability, market integrity, effective competition and consumer protection.

European 

  • Accountancy Europe have just issued their January 2020 newsletter which includes recent publications and upcoming events.
  • Accountancy Europe have just issued their Audit Policy Update which features an interview with Christian Orth, newly appointed Chair of the Audit & Assurance Policy. 

International

  • In 2020, the IASB plans to publish a number of con­sul­ta­tion documents, including a dis­cus­sion paper on goodwill and im­pair­ment, an exposure draft in its man­age­ment com­men­tary (wider corporate reporting) project, and a request for in­for­ma­tion regarding the 2020 Agenda con­sul­ta­tion.