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Helpsheets and guidance by topic

Access technical helpsheets, ethical guidance and practice resources by topic from ICAEW's Technical Advisory Service.

Know what you're looking for? We have an A–Z of helpsheets by title, as well as separate lists of helpsheets on new UK GAAP, ethics, practice and technical topics.

A

Accounting

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Accounting

Old UK GAAP 

Advanced payment notices

Can accounts be prepared in a foreign currency and submitted to Companies House?

How should I account for a hive-up?

How to account for a hive up (webcast)

Is it possible to adopt an accounting policy of non-depreciation for tangible fixed assets?

Preference Shares - should it be classified as equity or liability?

Should I apply SSAP20 or FRS23 when looking at foreign currency?

What exchange rate should I use to translate year end balances?

New UK GAAP

Accounting for forward contracts under the new GAAP

FRS 102: Accounting considerations for groups

FRS 102: Accounting for a hive up

FRS 102: Accounting for deferred tax

FRS 102: Accounting for fixed asset investments in individual financial statements

FRS 102: Accounting for intangible assets and goodwill

FRS 102: Accounting for investment property

FRS 102: Accounting for leases

FRS 102: Amortised cost calculator

FRS 102: Basic and other financial instruments (FRF)

FRS 102: Cashflow statements (FRC staff education note)

FRS 102: Debt instruments - amortised cost  (FRC staff education note)

FRS 102 and financial instruments - hedging (FRF webinar)

FRS 102: Financial instruments disclosures  (FRF)

FRS 102: Financial instruments: renegotiating loans on substantially different terms

FRS 102: First-time adoption and transition considerations

FRS 102: Foreign currency accounting

FRS 102: Hedge accounting  (FRF)

FRS 102: How should preference shares be accounted for?

FRS 102: Intercompany loans at non-market rates  (FRF)

FRS 102: Intercompany loans with no fixed term (FRF)

FRS 102: Is a financial instrument basic or non-basic  (TAS/FRF)

FRS 102: Lease incentives  (FRF)

FRS 102: Related party disclosures

FRS 102: Small company requirements under Section 1A

FRS 102: Transition to the new standard  (FRC staff education note)

Limited liability partnerships: What standard when?

New UK GAAP portal

New UK GAAP and Distributable profits

Auditor independence

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Auditor independence

APB Ethical Standards

APB ethical standards on auditor rotation

APB ethical standards on fee dependence

APB ethical standards on gifts and hospitality

APB ethical standards on provision of other services to audit clients

APB ethical standards on relationships

APB ES5 (Revised) prohibits the provision of accounting services to listed company clients and their significant affiliates. Does this prevent us from using our computer facilities to reformat and present accounts information provided to us by the client?

Terminology used in the APB ethical standards

Can I attend the board meetings of my audit client company?

Can our legal services department undertake work for our audit client?

Can partners in the firm still act as Trustees to Trusts which hold shares in the audit client?

Can we act for a client who regularly accounts for more than 10% of our fee and occasionally accounts for more than 15%?

Can we act as forensic accountants for audit clients of the firm?

Can we provide corporate finance advice to our audit clients?

Can we provide non-audit services to our public interest clients that are not listed?

Can we take advantage of more than one provision from PASE at a time?

Can we take our audit clients out as a gesture of good will or is corporate hospitality ruled out?

Can we undertake internal audit services for the client?

Corporate finance non-audit services

Do we have to apply the rules for listed companies relating to the provision of non-audit services to an unlisted subsidiary where the parent of the group is listed?

How does the Code of Ethics apply to the use of social media?

I am group audit engagement partner to a group with overseas subsidiaries. What information do I need in respect of connections and non-audit work from the other audit firm(s)?

I am a member of a golf club. The constitution requires the auditor to be a member of the club. Can I still accept appointment under the APB?

I am a part time Sole Practitioner – can I include the income I receive from non-accounting functions in my calculations for fee dependency?

I am not sure of the rules on the gifts or hospitality we can accept. At what point does my client's generosity become a sweetener?

I am working in Jersey – does the APB guidance apply to me?

I have heard a lot about audit exemptions for small entities. What is a ‘small entity’ and who can take advantage of these provisions?

I have heard that an audit engagement partner can now act for seven years for a listed company client. Is this the case?

I have read the term ‘informed management’ in the APB Standards. What does this mean?

If I inherited some shares in the audit client will the firm be able to continue with the audit appointment under the APB standards? Would it make any difference if we had already started the audit work?

If I resign from my audit client whose fees for audit and non-audit services have exceeded 15% of my total fees my next largest audit would then be over 15% of fees and so on. Can this be right?

Is a unit trust a listed entity?

My firm has four partners, do we need an ethics partner?

My limited company client doesn't require an audit because it is just under the relevant threshold but wishes to have one for its own purposes. Do I apply the APB standards? 

Paragraph 7 of PASE (Revised) exempts me from the need to apply safeguards to address self review threats resulting from providing non-audit services for a small entity audit client. In addition paragraph 12 provides an exemption from the requirement for ‘informed management’. Can I apply both together?

Regulation of auditor independence

The APB Ethical Standards introduce the concept of an ‘Ethics Partner’. What are they supposed to do and how is this going to work in smaller practices?

The client's accounts are produced using software we provided and we then audit the accounts. Is this acceptable?

To what extent can I prepare tax information for listed audit clients, if that information might be used by the client in the accounts?

What are the rules on auditor rotation?

What makes the APB's guidance applicable to me? 

We are prohibited from providing tax services for a contingency fee if the outcome of the tax services is ‘dependent on the proposed application of tax law which is uncertain or has not been established’. What is the consequent position on tax services provided on a contingent fee basis?

We have a partner who is an actuary. He has been asked to provide some services to our audit client. Can we continue with the audit?

We have a sub-contractor working for our firm who is also company secretary of a potential audit client. As the sub-contractor is not an employee and will have no involvement in audit work can we accept the audit appointment?

We want to provide tax services for our audit client. Surely this normal compliance work is not ruled out by the APB standards is it?

What does the guidance say about audit teams cross selling services to audit clients?

When undertaking a non-assurance engagement what matters do we need to consider to ensure, and be seen to ensure, our objectivity?

When conducting audit or assurance engagements which independence requirements apply?

Who are those ‘charged with governance’?

FRC Ethical Standard

Acceptance of gifts and hospitality from a client

Acting for clients that regularly exceed fee percentage limits

Audit committee pre-approval of non-audit services

Audit reports: Impact of independence breaches

Auditor rotation (What are the rules on auditor rotation?)

Auditor rotation for public interest and other listed entities

Covered person

Extension of rotation period

Fee cap ratio calculation

Key partners and partner rotation

Management role

Other relationships

Partner definition

Persons closely associated

Providing corporate hospitality to audit clients

Sole practitioners and fee dependency

Tax advocacy services

Practice case studies

Independence

B

C

Company law

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Company law

Applicable to periods beginning before 1 January 2016

Abbreviated accounts

Audit exemption conditions for company

Can a small UK subsidiary of an overseas parent qualify for audit exemption under Companies Act 2006?

How do I calculate the number of employees for the small company criteria?

How should the 'net' and 'gross' criteria be applied when determining audit exemption under CA06?

Is a group ineligible under the Companies Act 2006?

Small group filing requirements

What directors transactions are disclosable under the Companies Act 2006?

What should be included in the balance sheet statement when claiming small company exemptions?

When can a subsidiary be excluded from consolidation?

Audit exemption for periods beginning before 1 January 2016 (webcast)

Applicable to periods beginning on or after 1 January 2016

Abridged accounts for small companies

Auditor and company responsibilities on resignation from a non public interest company for financial years beginning on or after 1 October 2015 

FRF The new EU Accounting Directive – what UK companies need to know now

FRS 102: When can a subsidiary be excluded from consolidation?

SI 2015/980: Accounts filing exemptions under the Companies Act 2006

SI 2015/980: Balance sheet statements for small company exemptions

SI 2015/980: Calculating employee numbers

SI 2015/980: Can a small UK subsidiary of an overseas parent qualify for audit exemption?

SI 2015/980: Disclosure of information about related undertakings

SI 2015/980: How should the ‘net’ and ‘gross’ criteria be applied when determining audit exemption under the Companies Act 2006 as amended?

SI 2015/980: Is an audit required for a company?

SI 2015/980: Small, medium and large companies thresholds

SI 2015/980: What directors' transactions are disclosable under the Companies Act 2006 as amended? 

SI 2015/980: When is a group ineligible under the Companies Act 2006 as amended?

UK company law and financial reporting changes

Audit exemption for periods beginning on or after 1 January 2016 (webcast)

Applicable to all periods

Auditor resignation under Companies Act 2006

Companies limited by guarantee

Filing accounts at Companies House

Illegal dividends in a private company

Micro-entity accounts FAQ (Financial Reporting Faculty)

Overseas company filing

Purchase of own shares (private company)

Reduction of share capital

Small company size calculator

Small, medium and large companies thresholds

Unlimited companies

Which documents in the company's accounts need a signature?

E

F

FRS 102

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FRS 102

FRS 102: Accounting considerations for groups 

FRS 102: Accounting for deferred tax

FRS 102: Accounting for fixed asset investments in individual financial statements

FRS 102: Accounting for foreign currency translation

FRS 102: Accounting for intangible assets and goodwill

FRS 102: Accounting for investment property

FRS 102: Accounting for a hive up

FRS 102: Accounting for leases

FRS 102: Amortised cost calculator

FRS 102: First-time adoption and transition considerations

FRS 102: Is a statement of cash flows required if FRS 102 is adopted for 31 December 2015 year ends?

FRS 102: Related party disclosures

FRS 102: Small company requirements under Section 1A 

FRS 102: Should preference shares be classified as equity or liabilities?

FRS 102: What is the useful economic life of goodwill under FRS 102 and FRSSE 2015?

FRS 102: When can a subsidiary be excluded from consolidation?

Limited liability partnerships: What standard when?

Financial Reporting Faculty FAQs

FRS 102: Basic and other financial instruments

FRS 102: Financial instruments disclosures 

FRS 102: Hedge accounting

FRS 102: Intercompany loans at non-market rates

FRS 102: Intercompany loans with no fixed term

FRS 102: Is a financial instrument ‘basic’ or ‘other’ financial instrument

FRS 102: Lease incentives

Webinars

FRS 102 and financial instruments – hedging

The new EU Accounting Directive – what UK companies need to know now

Practicewire articles

Accounting for forward contracts under the new GAAP

New UK GAAP and distributable profits

The 2015 small company conundrum: FRSSE 2015 or early adoption of FRS 102 Part 1A?

H

J

K

N

New UK GAAP

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New UK GAAP

New UK GAAP portal

FRS 102: Amortised cost calculator

FRS 102: Accounting for deferred tax

FRS 102: Accounting considerations for groups

FRS 102: Accounting for fixed asset investments in individual financial statements

FRS 102: Accounting for a hive up

FRS 102: Accounting for intangible assets and goodwill

FRS 102: Accounting for investment property

FRS 102: Accounting for leases

FRS 102: First-time adoption and transition considerations

FRS 102: Foreign currency accounting

FRS 102: How should preference shares be accounted for?

FRS 102: Related party disclosures

FRS 102: Small company requirements under Section 1A

FRS 102: What is the useful economic life of goodwill under FRS 102 and FRSSE 2015?

FRS 102: When can a subsidiary be excluded from consolidation?

Limited liability partnerships: What standard when?

UK company law and financial reporting changes

Financial Reporting Faculty

FRS 102: Intercompany loans at non-market rates

FRS 102: Intercompany loans with no fixed term

FRS 102: Basic and other financial instruments

FRS 102: Financial instruments disclosures

FRS 102: Financial instruments: renegotiating loans on substantially different terms

FRS 102: Hedge accounting

FRS 102: Is a financial instrument basic or non-basic

FRS 102: Is a statement of cash flows required if FRS 102 is adopted for 31 December 2015 year ends?

FRS 102: Lease incentives

Webinars

Entering the world of new UK GAAP

FRS 102 and financial instruments - hedging

Practicewire articles

Accounting for forward contracts under the new GAAP

New UK GAAP and Distributable profits

The 2015 small company conundrum: FRSSE 2015 or early adoption of FRS 102 Part 1A?

Non-audit services

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Non-audit services

APB ES5 (Revised) prohibits the provision of accounting services to listed company clients and their significant affiliates. Does this prevent us from using our computer facilities to reformat and present accounts information provided to us by the client?

Audit committee pre-approval of non-audit services (FRC Ethical Standard)

Can I attend the board meetings of my audit client company?

Can our legal services department undertake work for our audit client?

Can we act as forensic accountants for audit clients of the firm?

Can we provide corporate finance advice to our audit clients?

Can we provide non-audit services to our public interest clients that are not listed?

Can we undertake internal audit services for the client?

Tax advocacy services (FRC Ethical Standard)

The client's accounts are produced using software we provided and we then audit the accounts. Is this acceptable?

To what extent can I prepare tax information for listed audit clients, if that information might be used by the client in the accounts?

We are prohibited from providing tax services for a contingency fee if the outcome of the tax services is 'dependent on the proposed application of tax law which is uncertain or has not been established'. What is the consequent position on tax services provided on a contingent fee basis?

We have a partner who is an actuary. He has been asked to provide some services to our audit client. Can we continue with the audit?

We want to provide tax services for our audit client. Surely this normal compliance work is not ruled out by the APB standards is it?

What does the guidance say about audit teams cross selling services to audit clients?

P

Practice

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Practice

Acting as a subcontractor

Arrangements of alternates

ATOL whole firm compliance review checklist 

Auditor Liability Limitation Agreements

Auto-enrolment

Bribery Act 2010

Can an entity become audit registered?

Change of appointment

Changes in the composition of a firm

Client’s money regulations

Clients’ money regulations compliance review

Cold file audit compliance review

Consultation arrangements

Contracts of employment

Coping with the incapacity or sudden death of a sole practitioner

Corporate practice

Credit control procedures

Data Protection Act

Decision to accept appointment

Disclosure of confidential information

Disengagement checklist

Disengagement letters

DPB compliance review

Email footers and disclaimers

Employing a subcontractor

Employment references

Engagement letters

Fee protection insurance

Fit and proper declaration

Is an entity a member firm and can it use the description ‘chartered accountant’?

ICAEW statement on engaging in public practice (valid from 1 January 2017)

IT systems compliance review

Letters of representation

Limited company - letterhead checklist

Limited company - example letterhead

LLP - letterhead checklist

LLP - example letterhead

Managing professional liability of accountants - illustrative wordings

New client information

Partnership agreements

Partnerships - letterhead checklist

Partnerships - example letterhead

Practice Assurance compliance review

Practice insurances

Practice names and letterheads

Purchase of fees

Services directive

Sole practitioner - letterhead checklist

Sole practitioner - example letterhead

Use of 'Chartered Accountant'

Whole firm audit compliance review

Wrongful trading

Withholding signature or service

Q

S

Small companies

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Small companies

Applicable to periods beginning before 1 January 2016 

Abbreviated accounts

Audit exemption conditions for company

Small group filing requirements

Can a small UK subsidiary of an overseas parent qualify for audit exemption under Companies Act 2006?

How do I calculate the number of employees for the small company criteria?

How should the 'net' and 'gross' criteria be applied when determining audit exemption under CA06?

What should be included in the balance sheet statement when claiming small company exemptions?

Audit exemption for periods beginning before 1 January 2016 (webcast)

Applicable to all periods

Small company size calculator

Small, medium and large companies thresholds

Applicable to periods beginning on or after 1 January 2016

Abridged accounts for small companies

FRF The new EU Accounting Directive – what UK companies need to know now

FRS 102: Small company requirements under Section 1A

SI 2015/980: Accounts filing exemptions under the Companies Act 2006

SI 2015/980: Balance sheet statements for small company exemptions

SI 2015/980: Calculating employee numbers

SI 2015/980: Can a small UK subsidiary of an overseas parent qualify for audit exemption?

SI 2015/980 How should the ‘net’ and ‘gross’ criteria be applied when determining audit exemption under the Companies Act 2006 as amended?

SI 2015/980: Is an audit required for a company?

SI 2015/980: Small, medium and large companies thresholds

SI 2015/980: When is a group ineligible under the Companies Act 2006 as amended?

UK company law and financial reporting changes

Audit exemption for periods beginning on or after 1 January 2016 (webcast)

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