Meet your annual CPD requirements with this guide to free to access resources for both ICAEW and non-ICAEW accountants

How to handle the scenario of prepayments when the invoice is received but not yet paid by the reporting date

This spring and summer 2025 brought in several major updates to accounting rules and reporting standards across the globe. From new rules under IFRS 18 and US GAAP, to sustainability reporting changes and clearer guidance for auditors, there’s a lot happening. In this post, we’ll break down the biggest developments from recent months in a simple, straightforward way.