Cost centre and Listing Rules: Difference between pages

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imported>Doug Williamson
(Add management accounting definition and expand treasury definition.)
 
imported>Doug Williamson
(Add quote. Source: ACT ESG blog 19 Feb 2021 https://www.treasurers.org/hub/blog/ESG/Update-February-2021)
 
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1. ''Corporate treasury''.
''London Stock Exchange''


A cost centre treasury which acts as a service centre which hedges operational exposures, at a cost.
The Listing Rules are regulations which apply to all companies with a Main Market listing - or seeking a Main Market listing - on the London Stock Exchange.


This is the lowest-risk organisational response to treasury risk, compared with treasuries organised as cost saving centres or profit centres.
The Listing Rules are not mandatory for Alternative Investment Market (AIM) companies.


However, some AIM-listed companies, and other companies, choose to follow the Listing Rules on a voluntary basis.


2. ''Management accounting''.


More generally, a cost centre is any part of an organisation to which costs may be charged for accounting purposes.
The Listing Rules are published by the UK's Financial Conduct Authority.




==See also==
:<span style="color:#4B0082">'''''Climate risk disclosures'''''</span>
* [[Cost saving centre]]
* [[Hedging]]
* [[Management accounting]]
* [[Profit centre]]
* [[Response to risk]]


[[Category:The_business_context]]
:"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.
 
:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).
 
:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule will be published in the spring of 2022. "
 
:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.''
 
 
== See also ==
* [[Alternative Investment Market]]
* [[De-listing]]
* [[Disclosure and Transparency Rules]]
* [[Financial Conduct Authority]]
* [[Initial public offering ]]
* [[Introduction]]
* [[Listing]]
* [[Listing particulars]]
* [[London Stock Exchange]]
* [[Premium Listing]]
* [[Private placement]]
* [[Security]]
* [[Standard Listing]]
* [[Stock]]
* [[Task Force on Climate-related Financial Disclosures]]
 
 
===Other links===
[http://www.treasurers.org/node/10045 Make a debut, David Tilston, The Treasurer April 2014]
 
[[Category:Corporate_finance]]

Revision as of 11:01, 11 March 2021

London Stock Exchange

The Listing Rules are regulations which apply to all companies with a Main Market listing - or seeking a Main Market listing - on the London Stock Exchange.

The Listing Rules are not mandatory for Alternative Investment Market (AIM) companies.

However, some AIM-listed companies, and other companies, choose to follow the Listing Rules on a voluntary basis.


The Listing Rules are published by the UK's Financial Conduct Authority.


Climate risk disclosures
"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.
The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).
The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule will be published in the spring of 2022. "
ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.


See also


Other links

Make a debut, David Tilston, The Treasurer April 2014