ICAEW reprimands member for undertaking unauthorised probate activities
Accounting Standards

ICAEW reprimands member for undertaking unauthorised probate activities

8y Richard Crump , Writer

ICAEW reprimands member for undertaking unauthoris...

Richard Sharott, of Nuneaton, Warwickshire, severely reprimanded, fined £4,450 and ordered to pay costs of £2,592 Read More...

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The Financial Power List 2016
Accounting Standards

The Financial Power List 2016

8y Accountancy Age , Reporters

The Financial Power List 2016

A crucial year for HMRC sees Lin Homer top Accountancy Age's annual list of individuals to watch in the profession this year Read More...

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IASB postpones accounting changes for associates and joint ventures
Accounting Standards

IASB postpones accounting changes for associates and joint ventures

8y Richard Crump , Writer

IASB postpones accounting changes for associates a...

Postponement applies to changes introduced by the IASB in 2014 through narrow-scope amendments to IFRS 10 and IAS 28 Read More...

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ICAEW mulls options to expand its legal services licensing
Accounting Standards

ICAEW mulls options to expand its legal services licensing

8y Kevin Reed , Writer

ICAEW mulls options to expand its legal services l...

Institute considers plan to expands its legal services licensing beyond probate/ABSs Read More...

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Amendments to FRS 101 and FRS 103 proposed by FRC
Accounting Standards

Amendments to FRS 101 and FRS 103 proposed by FRC

8y Chris Warmoll , Writer

Amendments to FRS 101 and FRS 103 proposed by FRC

Amendments aim to ensure FRS 101 continues to be cost-effective as IFRS, changes while FRED 64 proposes amendments to FRS 103 Insurance Contracts Read...

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Former ICAS president to lead new ethics drive
Accounting Standards

Former ICAS president to lead new ethics drive

8y Richard Crump , Writer

Former ICAS president to lead new ethics drive

Norman Murray will chair the new ICAS ethics board Read More...

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IASB plans temporary IFRS reliefs for insurers
Accounting Standards

IASB plans temporary IFRS reliefs for insurers

8y Richard Crump , Writer

IASB plans temporary IFRS reliefs for insurers

IASB proposes changes to provide temporary reliefs for insurers to address consequences of the different effective dates of the IFRS 9 and IFRS 4 Read...

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Institutes call for reliefs and extensions to help flood victims
Accounting Firms

Institutes call for reliefs and extensions to help flood victims

8y Calum Fuller , Reporter

Institutes call for reliefs and extensions to help...

ICAEW and ATT both call for allowances to be made for the victims of Storm Desmond Read More...

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PwC appointed as auditor to probe Vatican finances
Accounting Firms

PwC appointed as auditor to probe Vatican finances

8y Chris Warmoll , Writer

PwC appointed as auditor to probe Vatican finances

Pope's bid to clean up the Vatican's finances sees the appointment of PwC as external auditor Read More...

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Extended auditor reports restoring trust in audit in post-HBOS world
Accounting Firms

Extended auditor reports restoring trust in audit in post-HBOS world

8y Chris Warmoll , Writer

Extended auditor reports restoring trust in audit ...

Eight years after the failure of HBOS, the discipline of audit - and its real value to investors - continues to fuel debate, finds Chris Warmoll Read ...

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IASB told to reconsider proposed changes to its conceptual framework
Accounting Standards

IASB told to reconsider proposed changes to its conceptual framework

8y Richard Crump , Writer

IASB told to reconsider proposed changes to its co...

FRC and ICAEW critical of IASB's efforts to reinstate prudence into its conceptual framework Read More...

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China to explore further use of IFRS
Accounting Standards

China to explore further use of IFRS

8y Richard Crump , Writer

China to explore further use of IFRS

IASB and Chinese Ministry of Finance form joint working group to explore ways and steps to advance the use of IFRS within China Read More...

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HMRC office closures threaten service levels, warn tax bodies
Accounting Standards

HMRC office closures threaten service levels, warn tax bodies

8y Calum Fuller , Reporter

HMRC office closures threaten service levels, warn...

The announcement that HMRC will close 170 offices across the UK in favour of larger regional offices has caused concern among tax professionals Read M...

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‘Gut feel' still important in big business decisions, KPMG & ACCA study finds
Accounting Firms

‘Gut feel' still important in big business decisions, KPMG & ACCA study fin...

8y Chris Warmoll , Writer

‘Gut feel' still important in big business decisio...

Many decisions are still based on instinct of whoever sits at the top of an organisation rather than information-based insight Read More...

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ICAEW hits a century of ABS licences
Accounting Firms

ICAEW hits a century of ABS licences

8y Chris Warmoll , Writer

ICAEW hits a century of ABS licences

The ICAEW is urging bodies and companies to review and update their guidance and procedures to recognise the changes Read More...

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ICAEW granted local audit regulatory powers
Accounting Standards

ICAEW granted local audit regulatory powers

8y Richard Crump , Writer

ICAEW granted local audit regulatory powers

New powers mean ICAEW is now a regulator of firms that wish to undertake local audits for organisations such as councils and health bodies in England ...

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FRC strengthens client asset assurance to FCA
Accounting Standards

FRC strengthens client asset assurance to FCA

8y Chris Warmoll , Writer

FRC strengthens client asset assurance to FCA

New audit standard for assurance on client assets being presented to the FCA Read More...

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ACCA public sector head moves to new CIPFA role
Accounting Standards

ACCA public sector head moves to new CIPFA role

8y Kevin Reed , Writer

ACCA public sector head moves to new CIPFA role

Gillian Fawcett takes up the reins of CIPFA's new, globally-focused, governments faculty Read More...

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EU's plan gives opportunity to restore audit confidence
Accounting Standards

EU's plan gives opportunity to restore audit confidence

8y Chris Warmoll , Writer

EU's plan gives opportunity to restore audit confi...

Haddrill says the new legislation gives the profession the opportunity to "make sure the public can have confidence in the regulatory regime Read More...

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Tilley: CIMA focus will remain despite new global association
Accounting Standards

Tilley: CIMA focus will remain despite new global association

8y Kevin Reed , Writer

Tilley: CIMA focus will remain despite new global ...

CIMA's plan to launch a formal association with AICPA will not dilute the brand, insists chief Charles Tilley Read More...

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Auditors to be hit with increased FRC levy demands as government funding ends
Accounting Standards

Auditors to be hit with increased FRC levy demands as government funding en...

8y Chris Warmoll , Writer

Auditors to be hit with increased FRC levy demands...

FRC will need to tap audit profession for funds necessary to support its expanded audit responsibilities under new EU rules Read More...

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IASB moves to help management understand materiality
Accounting Standards

IASB moves to help management understand materiality

8y Richard Crump , Writer

IASB moves to help management understand materiali...

IASB publishes draft guidance to help management apply the concept of materiality Read More...

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Adapt to tech change or risk 'irrelevance', ICAEW warns
Accounting Standards

Adapt to tech change or risk 'irrelevance', ICAEW warns

8y Richard Crump , Writer

Adapt to tech change or risk 'irrelevance', ICAEW ...

ICAEW warns of risk of marginalisation and reduced relevance due to tech innovation Read More...

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Tax gap: Fraud problem six times worse than avoidance
Accounting Standards

Tax gap: Fraud problem six times worse than avoidance

8y Calum Fuller , Reporter

Tax gap: Fraud problem six times worse than avoida...

Stakeholders call for greater resource for HMRC as it seeks to make further inroads into the tax gap Read More...

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Colin: CIoT's greatest hits
Accounting Standards

Colin: CIoT's greatest hits

8y Taking Stock

Colin: CIoT's greatest hits

Colin was astonished by the CIoT's Abbey Road performance last week Read More...

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Going concern guidance extended to companies outside of UK governance rules
Accounting Standards

Going concern guidance extended to companies outside of UK governance rules

8y Richard Crump , Writer

Going concern guidance extended to companies outsi...

FRC issues for consultation draft going concern guidance for companies outside of the UK corporate governance code Read More...

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CIoT: Clarity needed on corporate tax evasion law
Accounting Standards

CIoT: Clarity needed on corporate tax evasion law

8y Calum Fuller , Reporter

CIoT: Clarity needed on corporate tax evasion law

CIoT critical of mixed messages behind proposed corporate tax evasion law Read More...

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