BEIS aims to ‘restore’ investor trust in audit and corporate governance

CAQ calls for audit committees to improve disclosure on audit fees

December 22nd, 2023


The Center for Audit Quality (CAQ) has urged companies to disclose more information around audit fees, particularly the connection between them and audit quality.

The Audit

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IASB

March 28, 2023


The International Accounting Standards Board (IASB) has begun evaluating how companies can improve their climate-related risk reporting.

The new project, launched under the purview of the International Financial Reporting Standards Foundation (IFRS), …

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Rio Tinto Headquarters, Perth

Rio Tinto pays $15m penalty over bribery failures

10 March 2023


Rio Tinto has paid the Securities and Exchange Commission (SEC) $15m to settle charges from the regulator over bribery failures.

In paying the civil penalty, the mining giant is …

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IFRS builds global reach with office in China

January 11, 2022


The IFRS Foundation Trustees is expanding its global presence by establishing an office in China.

On 29 December an agreement was signed with China’s Ministry of Finance (MOF) to …

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IFRS ISSB Logo

ISSB disclosure rule update expected in 2023


January 6, 2022

The International Sustainability Standards Board (ISSB) is to propose two new rules covering companies’ disclosures of climate-related risks and expands its focus to include corporate biodiversity reporting.

The pairing will …

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PCAOB to inspect Chinese audit firms for first time


December 22, 2022

Chinese companies will come under the scrutiny of the Public Company Accounting Oversight Board (PCAOB) for the first time on the back of new Congressional legislation.…

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Concern mounts over ESAs’ ESG product disclosures

Double materiality still lacking from Pension goals


November 3, 2022

The pensions industry needs to pull its finger out and embrace the concept of ‘double materiality’ in order to pull its weight when it comes to meeting sustainability goals.

That …

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CEO pay ratio, executive, payouts

New rules introduced to stop incorrect executive payouts


October 28, 2022

New rules aimed at preventing executives from wrongly keeping payouts based on inaccurate financial statements have been introduced by the Securities and Exchange Commission (SEC).

Securities exchanges will be …

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city view at london

DWP launches consultation on DB scheme funding 


July 29, 2022

The UK’s DWP aims to create clearer funding standards while supporting trustees and employers in planning their scheme funding over the long term

The Department for Work and Pensions (DWP) …

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ISSB seeks feedback on global sustainability disclosure plan


April 1, 2022

The International Sustainability Standards Board (ISSB) has launched a consultation on its first two proposed standards that will eventually form a “global baseline” of sustainability disclosures.

Both …

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