Listed companies

Since the start of 2021, EU-regulated listed companies must produce their annual reports using a new structured format. Here’s what you need to know.

IR35 is finally upon us. Our Employment taxes expert Daniel Kelly recaps on the new legislation.

During the quarter to 30 September 2020, new and further issues across AIM and the Main market combined totalled £8.2bn, the majority of which occurred during September as markets started to see an improvement, following a slow July and August.

The FRC’s Revised Ethical Standard was introduced in late 2019. It introduced revised and clarified rules for auditors and their ability to provide non-audit services to audit clients. Find out how they affect you.

Blockchain technology and Bitcoin have been with us for more than 10 years. Yet they are still viewed with caution in many quarters. But could the tide be turning for the cryptocurrency market? Here’s our industry update.

From 1 January 2021, social security agreements with EU countries will be subject to new provisions. If the employees of your listed business move within Europe there are a number of things you need to know.

25th anniversary of the launch of AIM originally known as the Alternative Investment Market.

Some financial statement items cannot be measured precisely but can only be estimated. This is called an accounting estimate. These accounting estimates come in all shapes and sizes and the overarching goal can vary between forecasting the outcome of an event to estimating the fair value of a financial statement item. Examples of accounting estimates…

The government has introduced a number of measures over the past few years to improve compliance and behaviour by UK businesses in relation to taxation. Chris Riley looks at three such initiatives. Finance teams have had to get used to more onerous compliance and reporting requirements across all of their activities in recent years –…

The 4 March 2020 saw the long awaited takeover of NEX by Aquis Exchange PLC (approved by the FCA) and rebranded as AQSE (Aquis Stock Exchange). Since the acquisition, PKF has acted as Reporting Accountant for the first two listings on the AQSE, British Honey Plc and Vulcan Industries Plc. Prior to the acquisition of…

We take a high-level look at and summarises the changes to the UK Corporate Governance Code, effective from 1 January 2019.

There continues to be a low number of issues on both AIM and the Main Market. This is reflected in the 6 months leading to 30 June 2020, with only 30 new issues compared to 43 in the same period in 2019. Similarly, there were 78 cancellations across both markets (6 months to 30 June…

The last few weeks have seen a huge upheaval as organisations respond to the COVID-19 crisis. In these uncertain times, many Heads of Internal Audit and Chairs of Audit Committees may be wondering how internal audit can remain effective and relevant. Jessica Wills explains more. In some businesses, internal audit may be rapidly moving down…

The implementation of IFRS 15 revolutionised how many technology companies recorded revenue from contracts with customers. But the new regulations are complicated, and we are often asked by our clients to explain how they work – particularly in relation to the treatment of licences. To simplify matters for tech businesses, we have drafted this overview…

Government support for start-up businesses. The government has announced a £500 million ‘Future Fund’ to invest in start-up businesses affected by the COVID-19 pandemic. The Fund, launched in May 2020, will provide unsecured government loans ranging from £125,000 to £5 million to UK-based unlisted companies, subject to at least equal match funding from private investors.…

For many companies, the various measures that the government has introduced to help mitigate the impact of COVID-19 will not be enough. While furlough may be a valid option for reducing payroll costs for those employees who simply have insufficient work, many businesses will still need to retain at least a skeleton staff and those…

The Companies (Miscellaneous Reporting) Regulations 2018 introduced several new and enhanced disclosure requirements for UK companies, effective from periods commencing 1 January 2019. In addition, major recent socio-political events – chiefly Brexit and the COVID-19 pandemic – will require businesses to report additional information in their accounts. But what are the new requirements and how…