ICAS

Scotland and UK flags

Benefits of devolved tax must outweigh costs, says ICAS

In its submission to the Smith Commission - currently thrashing out which powers should be devolved following September's highly charged devolution vote - ICAS urged the commission to ensure that the devolution of income taxes should be carefully implemented on a step by step basis to avoid 'the risk of unintended consequences'

31 Oct 2014

Anton Colella

ICAS: profitability not an excuse to brush aside governance issues

Improved business performance is not an excuse to ignore continuing business governance and ethics concerns, says ICAS's chief executive Anton Colella

24 Oct 2014

Scottish Parliament at Holyrood

Holyrood uses first-time tax powers to set land taxes

Edinburgh uses its tax-setting powers during the Scottish Budget

10 Oct 2014

Jann Brown to chair UK's representative accountancy body

Former Cairn Energy CFO to chair the CCAB

04 Jul 2014

Baker Tilly faces FRC investigation over Tanfield Group audit

FRC confirms formal investigation after probing the audit firm in 2010

11 Jun 2014

ICAS: ‘Shouty’ tax debate obscures future Scottish plans

Tax debate has meant Scotland's voters have little knowledge of key facts, warns ICAS

21 May 2014

ICAS profits fall but member numbers break 20,000

Regulatory burdens impact ICAS figures, while more non-Scots-based members sees subscriptions clear 20,000

25 Apr 2014

No pay rise in last year for quarter of accountants

Accountants feel their rate of pay has not kept up with the cost of living

07 Mar 2014

LLP tax guidance could be too little, too late for firms

HMRC's taxation of LLPs guidance may help firms' decisions, but 6 April deadline looms

26 Feb 2014

UK accounting bodies ‘should merge’ according to readers

Nearly two thirds of readers see a merger of the UK's accountancy institutes should happen, according to an Accountancy Age poll

27 Jun 2013

Leader: Will younger generation push for a UK institute?

Will British institutes learn from a New Zealand/Australia merger - or have the Trans/Tasmans already learned from them?

17 Jun 2013

Institute tie-up on far side of world has UK ramifications

UK institutes should take heed if New Zealand and Australia are able to create a new joint trans-Tasman accountancy body

17 Jun 2013

Naming tax avoidance scheme promoters risky, warn tax heads

Naming and shaming tax avoidance promoters may simply advertise their services, institute tax heads warn lords

15 May 2013

Tweedie: Audit reports "hopeless"

ICAS's president says the audit report fails to deliver value and transparency for investors

22 Apr 2013

Complaints pile up over changes to accounting regulations

Institutes flag up a multitude of concerns over the government's proposed changes to micro-entity financial reporting

03 Apr 2013

Leader: Institute members unlikely to welcome another 'alliance'

ICAS and the ICAEW's new global alliance likely to have members question its value, says Kevin Reed

28 Feb 2013

ICAEW and ICAS join global chartered accountancy group

Chartered Accountants Worldwide formed to promoted the importance of chartered accountants

27 Feb 2013

Institutes amend RTI guidance

A joint body of accounting institutes draws up amended guidance to aid practitioners in their shift to real-time PAYE

27 Feb 2013

Sir David Tweedie: Audit upheaval a "wonderful opportunity"

ICAS president says audit standard setters' plans could make audits more vital to stakeholders - and show off the work undertaken

17 Jan 2013

FRC and ICAS investigate auditor competencies

FRC's conduct committee and ICAS join forces to look into whether auditor competency is fit for purpose in the current climate

21 Nov 2012

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Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

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Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

Colin: Deloitte redeems Gherkin

Colin speculates on what changes might take place at 30 St Mary Axe under the new Brazilian ownership

Taking Stock: Netsuite Twitter-trolls Sage CEO on first day

Sage and Netsuite chief executives engage in boisterous Twitter exchange

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.