An audit is an investigation conducted by an independent party into a company’s financial report. An audit aims to provide assurance (different from a guarantee) that when audits are performed, the financial statements are true and fair according to the relevant...
The Financial Reporting Council (FRC) has decided to push back its timetable for drafting changes to FRS102 and other financial reporting standards. Originally, it was thought that the final amendments would be ready in the first half of 2024 and be effective for...
On 16th May, the IASB published guidance regarding the effects of climate related matters on financial statements prepared in accordance with the IFRS for SMEs financial statements. Full guidance can be found here. The guidance contains examples of areas where...
Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...
Hawsons Chartered Accountants is 165 years old Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John Hewett....
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An audit is an investigation conducted by an independent party into a company’s financial report. An audit aims to provide assurance (different from a guarantee) that when audits are performed, the financial statements are true and fair according to the relevant...
The Financial Reporting Council (FRC) has decided to push back its timetable for drafting changes to FRS102 and other financial reporting standards. Originally, it was thought that the final amendments would be ready in the first half of 2024 and be effective for...
On 16th May, the IASB published guidance regarding the effects of climate related matters on financial statements prepared in accordance with the IFRS for SMEs financial statements. Full guidance can be found here. The guidance contains examples of areas where...