Current and UK Corporate Governance Code: Difference between pages

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1.  ''Financial reporting - balance sheet - assets & liabilities.''
The UK Corporate Governance Code - issued by the Financial Reporting Council - sets out standards of good practice for larger companies in relation to their board leadership and effectiveness, remuneration, accountability and relations with shareholders.


Assets or liabilities that are likely to be converted into cash within a year or a normal accounting cycle.
It is sometimes abbreviated to 'the UK Code'.




2. ''Financial reporting - foreign currency translation - exchange rate.''
The Corporate Governance Code updated and replaced the former Combined Code.


The current exchange rate is the exchange rate on the last day of the financial reporting period.


 
== See also ==
3.  ''Financial reporting - balance sheet - assets & liabilities - valuation.''
* [[Code]]
 
* [[Code of practice]]
Current cost is a basis of accounting incorporating current replacement costs of assets, rather than historical cost.
* [[Corporate governance]]
 
* [[Developments in corporate and market regulation: implications for the treasurer]]
 
* [[Financial Reporting Council]]
4.  ''Financial reporting - pension liabilities - defined benefit.''
* [[Premium Listing]]
 
* [[The City Code on Takeovers and Mergers]]
In pensions accounting, current service cost is the increase in the employer's pension liabilities that arises from the pensionable service of employees in the current financial reporting period.
* [[Turnbull Guidance]]
 
* [[UK Stewardship Code]]
Contrasted with the past service cost.
 
 
5.  ''International trade - statistics.''
 
In international trade, current account measures include trading in goods and services, but exclude capital transfers.




6. ''Market rates of return - yield.''
===Other links===
[https://www.frc.org.uk/directors/corporate-governance-and-stewardship/developments-in-corporate-governance-and-stewardsh FRC Developments in Corporate Governance and Stewardship]


The current yield on an investment is its current annual income, divided by its current market value, ignoring capital gains or losses.
[https://www.frc.org.uk/News-and-Events/FRC-Press/Press/2012/September/FRC-publishes-updates-to-UK-Corporate-Governance-C.aspx FRC updates UK Corporate Governance Code and Stewardship Code, September 2012]


[https://www.frc.org.uk/directors/corporate-governance-and-stewardship/uk-corporate-governance-code UK Corporate Governance Code 2016]


== See also ==
[[Category:Corporate_finance]]
* [[Accounting reference date]]
* [[Assets]]
* [[Balance sheet]]
* [[Current account deficit]]
* [[Current assets]]
* [[Current cost accounting]]
* [[Current liabilities]]
* [[Current rate ]]
* [[Current rate method]]
* [[Current service cost]]
* [[Current unit method]]
* [[Current yield]]
* [[Current/non-current method]]
* [[Defined benefit pension scheme]]
* [[Exchange rate]]
* [[Financial reporting]]
* [[Fixed assets]]
* [[Foreign currency]]
* [[Foreign currency translation]]
* [[International trade]]
* [[Liabilities]]
* [[Non-current]]
* [[Past service cost]]
* [[Pension]]
* [[Rate of return]]
* [[Statistics]]
* [[Valuation]]
* [[Working capital]]
* [[Yield]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 17:01, 3 January 2018

The UK Corporate Governance Code - issued by the Financial Reporting Council - sets out standards of good practice for larger companies in relation to their board leadership and effectiveness, remuneration, accountability and relations with shareholders.

It is sometimes abbreviated to 'the UK Code'.


The Corporate Governance Code updated and replaced the former Combined Code.


See also


Other links

FRC Developments in Corporate Governance and Stewardship

FRC updates UK Corporate Governance Code and Stewardship Code, September 2012

UK Corporate Governance Code 2016

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