Financial Reporting Committee - January 2012
Tuesday 24 January 2012 at 4.30pm
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 - 25 October 2011
Tuesday 25 October 2011 at 11.00am
Financial Reporting Committee - 20 September 2011
Tuesday 20 September 2011 at 11.30am
Financial Reporting Committee - July 2011
26 July 2011, 11:30am
Financial Reporting Committee - 24 May 2011
Tuesday 24 May 2011 at 11am
Published Responses
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.
QCA response to the report of the Trustees Strategy Review
The Quoted Companies Alliance Financial Reporting Committee examined this consultation from the IFRS Foundations strategy review, which seeks views on the purpose of Financial Reporting Standards.
QCA response to the IFRS for SMEs FAQs on the meaning of publicly traded
The Quoted Companies Alliance's Financial Reporting Committee examined this draft FAQ on IFRS for SMEs and the definition of publicly traded as described in the standard.