Financial Reporting - A Briefing For Finance Directors, May 2007

All change for segmental disclosure

Revenue recognition and upfront fees

Narrative reporting – how are companies doing?

Defined benefit schemes – more accounting changes

Clarifying the scope of FRS 20

FRSSE 2007

Among accounting standard setters, convergence continues to be the key word. Whether it is IFRS and US GAAP or, nearer home, the continuing debate about how best to introduce IFRS into the UK accounting framework without over-burdening preparers of accounts. In the first Financial Reporting newsletter of 2007, we address new and revised standards, both at an international level and in UK GAAP.