Guidance on the Going Concern Basis of Accounting, Solvency & Liquidity Risks
The Financial Reporting Council (FRC) has issued updated guidance on the Going Concern Basis of Accounting and Related Reporting, with particular emphasis on assessing solvency and liquidity risks. This revised guidance, which replaces the 2016 edition, provides essential support for directors when determining whether the going concern basis is appropriate for preparing financial statements, ensuring […]
ISSA 5000: International Standard for Sustainability Assurance Engagements
Enhancing Trust in Sustainability Information ISSA 5000 aims to build trust in sustainability information. Investors, regulators, and stakeholders rely on accurate data. As businesses face pressure to disclose environmental, social, and governance (ESG) performance, this standard provides a clear framework. It ensures ESG disclosures are both accurate and reliable. ISSA 5000 applies to all sustainability […]