Financial Reporting

The QCA Financial Reporting Committee liaises with the UK Accounting Standards Board (ASB) and International Accounting Standards Board (IASB) regarding the introduction of new accounting standards and changes to current standards and their implications for small and mid-cap quoted companies.

The Committee is currently working on:

  • Promoting its Corporate Reporting Charter (pdf) .
  • Lobbying the IASB to allow smaller quoted companies (both on exchange regulated and regulated markets) to use the IFRS for SMEs accounting standard.
  • Responding to the ASB's consultation its impact assessment for the Exposure Draft on the future of UK GAAP (due out in Autumn 2010).

Meetings

Financial Reporting Committee - April 2012

Tuesday 24 April 2012 at 4.30pm

Financial Reporting Committee - March 2012

Tuesday 13 March 2012 at 4.30pm

Financial Reporting Committee - January 2012

Tuesday 24 January 2012 at 4.30pm

Financial Reporting Committee - 25 October 2011

Tuesday 25 October 2011 at 11.00am

Financial Reporting Committee - 20 September 2011

Tuesday 20 September 2011 at 11.30am

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Members

Chair: Anthony Carey, Mazars LLP

View all committtee members

Published Responses

QCA response to ASB Revised proposals for the Future of Financial Reporting Standards in the UK

The Quoted Companies Alliance Financial Reporting Committee has advised on our response to the Accounting Standards Board's (ASB) revised proposals for the Future of Financial Reporting Standards, which outlines a new reporting framework for the UK based on IFRS.

QCA response to the FRC Draft Plan & Budget 2012/13

The Quoted Companies Alliance Financial Reporting Committee has advised on our response to the Financial Reporting Council's Draft Plan & Budget 2012/13.

QCA responds to BIS: Consultation on Audit Exemptions and Change of Accounting Framework

The Quoted Companies Alliance Financial Reporting Committee has responded to the Department for Business Innovations and Skills consultation paper on audit exemptions and change of accounting framework.

QCA response to BIS: The Future of Narrative Reporting: a further consultation

The Quoted Companies Alliance Corporate Governance and Financial Reporting Committees submitted a reponse to the Department for Business Innovation & Skills consultation paper on the future of narrative reporting.

QCA response to the Financial Reporting Council's Cutting Clutter – Combating Clutter in annual reports

The Quoted Companies Alliance Financial Reporting Committee and Corporate Governance Committee have responded to Financial Reporting Council consultation paper on Cutting Clutter, which explored the improvement of the quality in reporting its annual reports.

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