FRC Staff Factsheets on FRS 102

Suite of seven staff factsheets issued in December 2018 The Financial Reporting Council (FRC) has issued a suite of seven staff factsheets in December 2018 on aspects of FRS 102, including the 2017 triennial review. These become effective from 1 January 2019, with early adoption allowed under certain conditions. They are available here: Fact Sheet… Read More






Accountants are a treasure trove of information – for hackers!

When you consider the volume of data that an accountancy firm or an individual practitioner possesses, you can understand why they have become an attractive target for hackers. Accountants are regarded as custodians of people’s most sensitive information. It’s everything about them and their family. And there’s an expectation that every appropriate measure is being… Read More



Accountants are a treasure trove of information – for hackers!

When you consider the volume of data that an accountancy firm or an individual practitioner possesses, you can understand why they have become an attractive target for hackers. Accountants are regarded as custodians of people’s most sensitive information. It’s everything about them and their family. And there’s an expectation that every appropriate measure is being… Read More



AML training must be more than mere lip service

In a recent sanction by the Central Bank, attention is being drawn to the fact that anti-money laundering (AML) training needs to be focused, specific and ongoing. In the sanction report, a financial services firm was fined €443,000 in June 2018 for failures that included lack of appropriate AML training. The sanctions report reads: ‘it… Read More