Chartered Accountants Ireland
UK
- Two new reports issued by the Financial Reporting Lab of the UK Financial Reporting Council (FRC) provide practical guidance to companies in areas of reporting that investors have highlighted as being most critical in these times of unparalleled economic uncertainty.
Europe
- Accountancy Europe has released three publications to shape the debate on non-financial information (NFI) reporting. Accountants have the skills and knowledge to lead this discussion.
- In December 2019 Accountancy Europe published a paper describing and calling for a global solution to interconnected standard-setting that can meet the need for reliable, consistent information in non-financial reporting that is interconnected with financial reporting. A follow-up paper has now been made available that analyses the feedback received, provides an update on the latest EU and global developments, and reflects on a way forward.
- The European Securities & Markets Authority (ESMA) has published its 2019 Annual Report and updated 2020 Annual Work Programme
International
- This week the International Auditing & Assurance Standards Board (IAASB) hosted two different webinars on consultations that are currently open for public comment.