With rumours swirling around ahead of the Autumn Budget on 22 November, Sara White, editor of Accountancy, discusses what could be included in the Budget following a tough year for tax professionals due to delayed regulations and retrospective tax rules, Making Tax Digital deferral and IT glitches at HMRC, execerbated by the snap general election

Although the Department for Education (DfE) has improved its accounting for the academy schools sector in England, the National Audit Office (NAO) has qualified the accounts for the year ended 31 August 2016 on the grounds the department was unable to provide adequate evidence to support the £45bnn of land and buildings included

Chancellor Philip Hammond is stuck ‘between a rock and a hard place’ in planning his November Budget, and will find it difficult to balance his commitment to fiscal targets with increasing pressures on spending, according to analysis by the Institute for Fiscal Studies (IFS) 

The European Securities and Markets Authority (ESMA) will be focusing on disclosures under IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers as a key part of their priorities in assessing listed companies’ 2017 financial statements

The Financial Reporting Council (FRC) has released FRED 69 covering its annual review of FRS 101 Reduced Disclosure Framework and has concluded no changes are required at this point, with work on IFRS 17 Insurance Contracts deferred until a clearer picture of the progress of its endorsement is known

The Charity Commission is launching a campaign to reduce insider fraud committed by volunteers, employees or trustees, and is seeking information from finance professionals and others who may have knowledge of dealing with the issues involved