The International Public Sector Accounting Standards Board (IPSASB) is consulting on a new lease accounting model for the public sector which proposes moving to a single right-of-use model to replace the risks and rewards incidental to ownership model in IPSAS 13, Leases

FTSE 250 building products supplier SIG has revealed its profits for 2016 have been overstated by up to £3.7m, with possible further overstatements in prior years, after a whistle-blower alerted the company to accounting irregularities which have been confirmed by forensic accountants

In this month’s roundup of developments in accounting and financial reporting, Charity Commission launches amended annual return requirements, Carillion collapses as banks refuse to extend credit line, Companies House introduces abridged accounts service

The International Accounting Standards Board (IASB) has published an updated work plan for the year, which shows it plans to publish an updated conceptual framework in March 2018, and is expecting to release a number of exposure drafts in the first two quarters

The US Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) to Leases (Topic 842) that clarifies the application of the new leases guidance to land easements and eases adoption requirements for some rights of way reporting

Many trustees will be expert in accounting, but will still find charity accounts a bit of a mystery. Other trustees will not have much financial training but they are equally responsible for the financial governance of the charity. Judith Miller, partner at Sayer Vincent explains how to make sense of charity accounts

Does the recent IFRIC policy statement on hedge accounting mean the end of the use of pseudo hedging under IFRS and FRS 102 accounting, asks Zwi Y Sacho CA(SA), FCA, director of the corporate accounting advisory practice at Chatham Financial Europe

The full impact of IFRS 9 Financial Instruments will be felt in 2018 as major financial institutions get to grips with the latest IFRS standard, but it is important not to forget other major changes in the pipeline with IFRS 15 on revenue recognition, IFRS 16 on leasing and further out IFRS 17 Insurance Contracts. Jeroen Van Doorsselaere considers the key IFRS issues to watch out for in 2018

Anne Cowley ACA explains the key transition steps when moving to FRS 101 Reduced Disclosure Framework, whether transitioning from FRS 102, FRS 105 Micro-entities Regime or International Financial Reporting Standards (IFRS)

The Financial Accounting Standards Board (FASB) is consulting on changes to the US leases standard in a bid to reduce costs and ease implementation, in response to stakeholder concerns

This month's exclusive CCH Daily CPD module focuses on deferred tax under the scope of Section 29 in FRS 102 under new UK GAAP and covers when it should be used, how to recognise tax assets correctly and how to disclose tax issues

In this month’s roundup of developments in accounting and financial reporting, Poundland owner Steinhoff calls in PwC over accounting irregularities, FRC plans to scrutinise Mitie 2016 financial statements, tax changes to plant and machinery leases planned