The British and Irish accounting institutes have issued draft guidance on new
money laundering legislation.
The Consultative Committee of Accountancy Bodies published its exposure draft
on money laundering in advance of legislation that comes into effect from 15
Karen Silcock, who led the draft guidance, said that although the changes
would not greatly affect those already following laundering rules, she would
urge them to review the draft and send in any comments by 12 November.
The joint guidance is the first public statement to come out of the CCAB
since August 2006, when the institutes issued guidance on ‘work in progress’
accounting rules. However, the body made a ‘non-confidential’ response to the
Audit Quality Forum’s ‘Promoting Audit Quality’ consultation in March.
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards