A third of annual reports were classed as sub-standard in the FRC’s recent review. Danielle Stewart OBE, head of financial reporting and Colin Burns, technical director at RSM, consider reasons for the failure to deliver content to meet the needs of investors and offer advice on crafting more effective reports

There are reports that Boeing is about to be hit with a claim for up to $9bn (£7.23bn) in the latest stage of a long-running battle over claims of illegal tax breaks, with indications that the World Trade Organisation (WTO) is set to find in favour of the EU which brought the latest complaint that the US aerospace manufacturer has broken state aid rules

The Financial Reporting Council (FRC) has launched an investigation into financial statements put out by retailer Sports Direct, which the audit watchdog says may have failed to disclosed a related party transaction