Luke Baldwin, co-founder, Nature Broking, together with Rethinking Capital, has developed a compelling accounting alternative treating carbon removal credits as balance sheet assets, using IAS 37/38 accounting standards, to make them work for net-zero commitments, but is it more than just creative accounting?
Accounting rules for charities updated to reflect new revenue recognition and lease reporting requirements under Charities SORP 2026, and new income tiers
As we approach the 31 December 2025 year end, it’s time for finance teams to pause, take a breath, and make sure the essentials of financial reporting are firmly under control, explains Ollie Garrod ACA
Significant changes to FRS 102 come into effect in January with a major overhaul of revenue recognition accounting rules. Hitesh Khulbe, audit director at Gerald Edelman, explains the key changes with tips and advice on potential complexities and pitfalls
Smaller listed companies are still failing to meet the standard for reporting on revenue recognition, impairment and cash flow statements, raising the risk of an enquiry, warns Financial Reporting Council (FRC)
Accounting rules for limited liability partnerships (LLPs) updated to reflect changes to presentation of members’ remuneration and disclosures for smalls in 2026 SORP
As a major overhaul of UK GAAP lease accounting rules come into effect from January, Saskia Harrison, audit director at Gerald Edelman explains the key issues from classification to right-of-use assets and depreciation considerations
Revenue recognition, lease liabilities and performance reporting are about to change radically, but nearly half of businesses are not yet ready for the accounting overhaul, so it is vital to start training staff now, and this affects more than just the finance team, explains Ollie Garrod ACA, accounting specialist at Croner-i
Changes to disclosure requirements for related party disclosures and directors’ remuneration at small companies under FRS 102 Section 1A come into effect from January
The Financial Reporting Council (FRC) has released factsheets on going concern reporting and balance sheet formats to clarify imminent rule changes for companies using FRS 102
Robin Maxwell, partner at Rogers Spencer, explains how early and accurate accounts preparation can help avoid last-minute stress, stay compliant and even uncover some potential tax savings
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