Financial Reporting Outlook 2024

Eliza Manningham-Buller headed Britain’s Security Service (MI5) from 2002 to 2007, before serving as Chair of the Wellcome Trust.  At MI5, Eliza led the Service through significant change, expansion, and scrutiny as it dealt with the growth of Al-Qaida terrorism after 9/11, and in response to the 7/7 attacks in London.

Explore some of the key insights from the latest EY research on the DNA of the Financial Controller, including practical examples of how financial controllers are expanding their roles and influence to shape the future of finance in their organisations.  

Hear from EY's UK Forensics Leader on fraud risk management in sustainability reporting, as part of the increased scope of the "failure to prevent" legislation.  The session will discuss non-financial reporting within the wider Governance agenda over ESG roll out - increasingly important from a regulatory risk and reporting point of view.

Hear directly from the IASB and EY on the IASB’s agenda and key developments in accounting standards, including proposals on reflecting climate-related and other uncertainties in financial statements and accounting for renewable energy contracts. Consistently one of the most popular sessions at the FRO! 

Passionate about using AI and Generative AI, Catriona helps businesses thrive in a disruptive environment. She is chair of the Scottish AI Alliance and wrote AI by Design: A Plan for Living with Artificial Intelligence.

When the FRC ask ACCs what is keeping them up at night, their response always includes risks associated with technology. Hear from EY's EMEIA Technology Risk Leader on the top four technology risks he discusses with Audit Committee Chairs. 

This session will cover the requirements of CSRD and discuss  how organisations are interpreting, implementing and using it to target action on the most relevant Sustainability topics.

Hear directly from the IASB and EY on the IASB’s agenda and key developments in accounting standards, including proposals on reflecting climate-related and other uncertainties in financial statements and accounting for renewable energy contracts. Consistently one of the most popular sessions at the FRO! 

The FCA has been on a mission over the past 3 years to support efforts to make the UK’s Capital Markets more attractive through changes to regulation. Hear from our UK Capital Markets partner, EY’s specialist on the UK Listing Rules,  on what the changes are, why they have been made, and the potential implications for companies that are already UK-listed or considering a UK listing.

From our Capital Markets practice, our Washington and London based Partners will discuss developments and points of focus they have seen in the last year from the key US standard setters and regulators, including the SEC, FASB, and PCAOB. The discussion will cover current standard setting and rulemaking, trends in SEC staff comments, as well as emerging rulemaking areas. 

Hear from Peter Arnold, EY's Chief Economist in the UK and sponsoring partner of the EY ITEM Club on his expectations for the year ahead, discussing the latest trends and forecasts shaping the economic landscape.  

This session will introduce a prioritised framework for finance, enabling organisations to meet their ESG reporting requirements, including data, controls and assurance. EY will share observations and themes from across the FTSE 100 and Fortune 50 on current practice. 

This session will explore how integrating Bitcoin into your treasury function can enhance financial stability and risk management. Discuss practical strategies to leverage Bitcoin for strengthening your company’s financial resilience in an ever-evolving economic landscape.

The hosts of the acclaimed podcast The Rest is Politics will be sharing their views on UK and global politics in this year of political turbulence.

We live increasingly hectic lives and are increasingly told we are living in a time of crisis – wellbeing, economic and political. Add to this our 24/7 culture, the inability to switch off, the challenges of your role, multiple demands on your time, working under pressure for extended periods - all can lead to a feeling of not being in control. Our lives can be extremely draining, and this can take its toll.  

As a former CPO and NED, Annette is passionate about equality, diversity and inclusion and wellbeing. She will share her experience on increasing levels of pressure and how leading with a "Conscious Approach" can ensure success for you and your team. 

Hear from Peter Arnold, EY's Chief Economist in the UK and sponsoring partner of the EY ITEM Club on his expectations for the year ahead, discussing the latest trends and forecasts shaping the economic landscape.  

Our International Tax and Tax Accounting and Reporting colleagues discuss how the fundamental changes of BEPS Pillar 2 (global minimum tax) rules dramatically change the international tax landscape, bringing reporting and compliance challenges to every industry. Join us to understand both the increasing influence of financial reporting in driving the corporate tax paid by large multinational groups, as well as the new financial reporting requirements relating to global minimum taxes. 

Are the internal control and risk management changes in the 2024 Code about more reporting or do they require a more fundamental rethink of what companies need to do? Hear from EY UK’s Governance and Public Policy team on what they have been discussing with management and boards on their approach to these changes, practical considerations to bear in mind and how companies can prepare to report ahead of changes taking effect in 2026.

Award winning presenter, Hannah examines the insights data can provide, but also where its limitations lie. She looks at how a lack of care in collecting or understanding data can not just embed biases but even amplify them, excluding and discriminating against groups, and having a damaging impact on fairness, diversity, and inclusion.