A new, digital revolution might be about to hit us. Autonomous cars are driving our way, cities and companies are rapidly ramping up the use of sensors—also called the Internet of Things (IoT) – and virtual and augmented reality are making rapid strides. But in...Read More
Companies using IFRS accounting standards, which include all listed companies, are now in the process of ensuring that they comply with the new regulation, IFRS 16, which stipulates that the value of leased assets and all associated payments due are shown on company balance sheets....Read More
The new leases standard – IFRS 16 – will require companies to bring most leases on-balance sheet from 2019. Under the new standard, companies will recognise new assets and liabilities, bringing added transparency to the balance sheet. At present, many analysts adjust financial statements to...Read More
Philip Hammond presented his budget on 29 October 2018 against a backdrop of relatively slow economic growth but with something of a windfall in terms of unexpectedly high tax receipts during the past twelve months. A significant spending commitment had already been pledged to the...Read More
Our world is now dominated by talk of a new industrial revolution, one that takes digitalisation and artificial intelligence to new and unprecedented levels. However, for all the talk about driverless cars and cryptocurrencies, there are many businesses that do not take full advantage of...Read More
