The latest survey of accountancy by the
Board reveals that ACCA had 137,233 members worldwide in 2009, up
from 131,398 a year earlier. The ICAEW saw member numbers increase to 134,698
Compound annual growth across the six main institutes was 3.4% between 2004
UK membership for the ICAEW grew 1.5% to 2009 (114,468) from a year earlier,
while ACCA climbed 1.9% over the year to 68,907.
ICAEW has applied to become an approved regulator and licensing authority for five reserved legal activities, restricted in three of them to the area of taxation
By threatening creditor returns, the government could undermine the UK’s World Bank insolvency ranking and cost creditors £8m a year, trade body R3 warms
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.