Category Archives: News

The latest on Investment Property Accounting under FRS 102

The latest on Investment Property Accounting under FRS 102 Challenge your knowledge on Investment Property Accounting under FRS 102. Some of the rules around the accounting for investment properties under FRS 102 have changed for accounting periods commencing 1 January 2019. Test your knowledge of these changes with this quick quiz. The changes to the… Read More


UK Companies slow to disclose ultimate ownership details

In spite of efforts to make UK registered companies disclose their ownership through the people with significant control (PSC) register, thousands of companies don’t comply with the rules brought in to counter fraud and money laundering. According to a 2018 Freedom of Information request to Companies House by Fortytwo Data (now Napier), over 57,000 UK… Read More


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