Keep up to date with the latest news and information from UHY Hacker Young in London
Corporate governance reporting tips
February 12, 2015
From our discussions with a range of investors in small and mid-size quoted companies, it is clear that there are a few areas where investors expect to see higher levels of meaningful disclosure. In our blog, we look at the five corporate governance targets companies should focus on in 2015.
Financial Reporting Lab case study on accounting policies
February 5, 2015
Building on the Financial Reporting Lab’s recent report ‘Accounting policies and integration of related financial information’, the Lab has published a case study conducted among William Hill plc and has found that investors support fresh approaches to the disclosure of accounting policies.
Proposed changes to share-based payments accounting requirements
January 22, 2015
The International Accounting Standards Board (IASB) has published an Exposure Draft (ED) of proposed amendments to IFRS 2 'Share-based Payment'.
Government reinforces support for oil and gas industry
January 22, 2015
The government has reinforced support for oil and gas industry with the launch of an investment allowance consultation and a new Oil & Gas Authority.
Requirements for extractive companies to report payments made to Governments
January 21, 2015
During 2013 the EU introduced new reporting requirements in Chapter 10 of the Accounting Directive 2013/34/EU (the Directive) which were aimed at large and public interest companies operating in extractive industries. The UK is the first member state to implement the new requirements with the issue of the ‘Reports on Payments to Governments Regulations 2014’ (UK Regulations).
AIM delivers biggest year for money raised since 2007
January 20, 2015
The Alternative Investment Market (AIM) has delivered its biggest year for IPO money raising since 2007, according to our research.
Small oil firms hunt for cash
January 20, 2015
Reuters have reported that slumping oil prices are shutting the door to stock market listings for small oil and gas firms, forcing many to tap more costly forms of financing or to shelve projects and wait for better times.
Improvements to the effectiveness of financial reporting disclosures
January 10, 2015
The International Accounting Standards Board (IASB) has issued amendments to IAS 1 ‘Presentation of Financial Statements’ as part of its initiative to improve presentation and disclosure in financial statements of companies using International Financial Reporting Standards (IFRS).
FRC’s reminder of recent changes to annual reporting requirements
January 7, 2015
The Financial Reporting Council (FRC) has recently issued a letter containing year-end reminders for preparers of financial statements. It summarises recent changes to reporting requirements and some of the best practice guidance issued by the FRC during 2014 and is particular timely for AIM listed companies with 31 December year ends.
Reminder about new and upcoming changes to IFRS accounting
January 5, 2015
A large number of AIM and listed companies have 31 December year ends and will therefore be getting ready for their annual year end financial reporting and audits. Our technical bulletin 162/14 reminds companies about recent and upcoming changes to International Financial Reporting Standards (IFRS).