All the latest news about ICAEW and the accountancy profession.
Don't miss out on our daily summary of what's happening in the world of accountancy. If you are a member you can change your contact preferences so it is delivered daily to your mailbox.The European Commission proposes more transparency and less administration for companies in a bid to digitise and speed up business operations in the single market.
Organisations often confuse processes with procedures, which can obscure clarity around roles and hinder efficiency. Here’s how processes should apply within your finance function.
ICAEW’s Better Regulation project launches today. We invite members to share their experiences as part of our initiative exploring how the UK’s regulatory regime could be improved for the benefit of businesses and wider society.
Our chart this week examines the late lamented Silicon Valley Bank and how its outsized investment in securities made it particularly vulnerable to a bank run.
Regulator’s preliminary review raises concerns about application of ESG benchmarks and the potential for greenwashing, as it gets tougher on “poor” sustainability claims.
After tirelessly campaigning for his wife Nazanin Zaghari-Ratcliffe’s release from prison in Iran, the chartered accountant is recognised by the Institute.
Employers (except for the digitally excluded) will be required to submit and amend forms P11D and P11D(b) online only. Paper original and amendment forms P11D and P11D(b) will be rejected.
HMRC is contacting almost 135,000 taxpayers who currently file paper self assessment (SA) tax returns to tell them that they will need to phone HMRC if they require a paper form. The SA forms will no longer be available to download from gov.uk.
With aims to create real-time reporting for VAT, HMRC needs to fully articulate its plans to allow businesses time to adapt.
HMRC is seeking feedback on specific points to assist in the drafting of guidance on the rules as they apply to the UK.