Technical roundup 16 August

Aug 15, 2019

Developments this week are set out below.   

UK

  • The Financial Reporting Council (FRC) has issued a podcast: In conversation with Jo Morgan and Mark Mainwaring on the latest Audit Quality Review inspection results.
  • The Financial Reporting Lab has released its latest newsletter for Q2 2019 which includes an update on the three current Lab projects: Climate and Workforce, Sources and Uses of Cash, and Digital Future.

International

  • The IFRS Foundation is calling on stakeholders to comment on its draft Q&A on the application of the IFRS for SMEs Standard. The consultation is open until 7 October 2019.
  • At the beginning of July 2019, the International Accounting Standards Board welcomed two new members: Rika Suzuki from Japan and Tadeu Cendon from Brazil.