Accounting updates: June 2019

In this month’s accounting updates, Companies House reporting regime overhaul planned, FRS 102 DB pension amendments, micro entities should adopt simplified accounting under FRS 105, ACCA deficit grows, Kraft Heinz admits $181m misstatement, anti-money laundering (AML) oversight ramped up and academy schools Accounting Direction revised

Reporting

Companies House regime faces major overhaul

The government is planning major changes to the Companies House working model and approach which, if implemented in full, would amount to the most significant reform of the UK’s company registration framework in over 100 years.

The reforms would see a complete overhaul of the register, the most ambitious since a register was first introduced in 1844, going to the core of the Companies Act 2006.

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Reporting

Companies House regime faces major overhaul

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