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Displaying 1-50 of 59 results
IASB adds major projects to research pipeline
- Article
- 29 Jun 2022
Focus on intangible assets and cash flow statements announced but completion of current work plan will be a priority for the next two years to limit disruption for preparers.
ICAEW regulatory round-up: June 2022
- Article
- 29 Jun 2022
This month’s update includes new guidance on compliance for sole practitioners, the June 2022 disciplinary update, the recording of the anti-money laundering client verification webinar and opinion on the government’s audit reform plans. There’s also information on our monitoring approach for new audit quality standards, and the recently published Regulatory and Conduct Annual Report 2021-2022.
ICAEW technical round-up: June 2022
- Article
- 29 Jun 2022
This month’s top technical stories include a decrease in the UK’s estimated tax gap, delay to implementation of the global minimum tax rate and HMRC clarification on R&D tax credit compliance checks.
Facing up to the ethics of sustainability
- Article
- 28 Jun 2022
The ethical dilemmas thrown up by sustainability are a growing preoccupation for accountants as the desire to embrace net zero ramps up. The evolution of the ACA qualification is tackling the issue head on.
Updated strategic report guidance has climate change in its sights
- Article
- 28 Jun 2022
New guidance from the FRC helps preparers incorporate new climate-related financial disclosures into their strategic report.
The Queer Student Awards proudly celebrates a rainbow of stories
- Article
- 28 Jun 2022
For the second year in a row, ICAEW sponsored a prize at the Queer Student Awards, a colourful celebration of LGBTQ+ talent.
Five strategies to weather the inflation storm
- Article
- 27 Jun 2022
ICAEW Manufacturing Community member Katy Davies runs through her five-point plan to help bolster businesses against a backdrop of rising inflation.
Future flight: the business impacts of sustainable aviation
- Article
- 27 Jun 2022
Smarter, greener approaches to air travel are spurring ambitious methods for tackling climate change. But while they’ll be gauging the direction of travel, aviation companies are unlikely to be early adopters.
How do we improve modern slavery reporting?
- Article
- 27 Jun 2022
Around one in 10 British companies do not provide a modern slavery statement. Why aren’t organisations taking the problem seriously?
Corporate liability: is the net closing in?
- Article
- 24 Jun 2022
The Law Commission has put forward a range of options for enhancing the legal system’s ability to prosecute corporations for economic crime. Do the proposals go far enough?
Denmark reinstates audit for some SMEs to tackle tax fraud
- Article
- 24 Jun 2022
After years trying to reduce red tape, the correlation between loss of tax revenue and absence of audit has changed the political appetite to lower the audit threshold.
The challenges and opportunities in supply chain finance
- Article
- 24 Jun 2022
The Managing Director for Standard Chartered (Hong Kong) and Chairman of the British Chamber of Commerce in Hong Kong outlines the trends in global trade.
Economic storm clouds darken outlook for public finances
- Article
- 23 Jun 2022
A slightly higher fiscal deficit for May and rising interest rates provide no comfort for the Chancellor as he considers how to respond to public sector wage demands.
Chart of the week: railway journeys
- Article
- 23 Jun 2022
Our chart illustrates how railway strikes are not the only problem facing Great British Railways, the new publicly owned body being established to run the rail network from next April.
ICAEW welcomes SEC proposal on climate-related disclosures for investors
- Article
- 23 Jun 2022
Policymakers should not underestimate the challenges many companies will face in implementing additional climate-related disclosure requirements, ICAEW warns.
How close are we to a cashless society?
- Article
- 23 Jun 2022
With 15 countries, including seven in Europe, planning to go cashless in the next decade, are we ready to abandon cash? And what legal, regulatory and ethical hurdles do we need to overcome first?
A new era for corporate reporting in Europe and beyond
- Article
- 22 Jun 2022
MEPs and EU members agreed new sustainability reporting rules that aim to end greenwashing and lay the groundwork for a common set of global standards.
Break the leadership mould
- Article
- 22 Jun 2022
Stop relying on leadership approaches that don’t work. It’s time to put authenticity at the centre of your leadership, says Tim Roberts.
UK businesses brace for late payment surge
- Article
- 22 Jun 2022
Late payments are expected to grow significantly in the coming months, following rising inflation and interest rates, with UK businesses less likely than their European peers to make growth a priority.
Why quality management is (mostly) about people
- Article
- 22 Jun 2022
ISQM 1 requires a tailored approach from each individual firm. Often, that pivots on the human factor.
BoE: further rate increase is necessary to rein in inflation
- Article
- 21 Jun 2022
The Bank of England’s chief economist warns inflation will be no quick fix and to expect further interest rate increases to achieve its objective of getting inflation back to 2%.
Why does the UK have such a problem with fraud?
- Article
- 21 Jun 2022
Britain has long had a problem with fraud, but in the past few years the scale and complexity of fraudulent activities has increased to even more worrying levels.
OECD: the heavy global price of Russia’s war against Ukraine
- Article
- 20 Jun 2022
Russia’s invasion of Ukraine immediately slowed the recovery from the COVID-19 pandemic and set the global economy on a course of lower growth and rising inflation.
Londongrad: how the City became a money-laundering haven
- Article
- 20 Jun 2022
Which key factors have conspired to make the UK capital synonymous with financial crime? Insights outlines the root causes, and ICAEW’s Michelle Giddings highlights emerging vulnerabilities.
How will artificial intelligence add value to audit processes?
- Article
- 20 Jun 2022
From booking an Uber or filtering spam emails, artificial intelligence underpins many routine tasks we take for granted. Now AI has audit in its sights. Jayson DeVries explains why the time is ripe.
Corporate Criminal Liability: 10 options for tougher accountability
- Article
- 17 Jun 2022
The Law Commission has released an options paper relating to the law on corporate criminal liability, covering “the challenges faced by the criminal justice system under the current law relating to corporate criminal liability”.
How to tackle high-end money laundering
- Article
- 17 Jun 2022
Don’t be distracted by the label’s exclusive connotations: high-end money laundering is a problem that should be on every accountant’s radar, says ICAEW’s Michelle Giddings.
Government seeks greater value from knowledge assets
- Article
- 17 Jun 2022
The Knowledge Assets Team wants to identify, manage and protect intangible assets across the public sector to unlock social, economic and financial benefits for us all.
Chart of the week: Foreign travel
- Article
- 16 Jun 2022
This week’s chart looks at the number of trips abroad by UK residents before, during and after the pandemic.
ICAEW member creates a stir with award-winning marmalade
- Article
- 16 Jun 2022
It’s not an obvious leap from chartered accountant to marmalade maker extraordinaire, but Mike Ranson has done it, with his winning creation now on sale at Fortnum & Mason, no less.
ICAEW: more powers needed to improve local authority reporting
- Article
- 16 Jun 2022
ICAEW’s response to a CIPFA LASAAC consultation has called for the local audit system leader to take a ‘whole system’ approach to resolve infrastructure reporting issues.
Celebrating the inaugural Social Mobility Awareness Day
- Article
- 15 Jun 2022
As the cost-of-living crisis pushes more people into debt than ever before, the need to open access to the profession to those from across the socio-economic spectrum is more important than ever.
Sustainability reporting proposals: ICAEW initial views
- Article
- 15 Jun 2022
The ISSB’s proposed standard on general requirements for the disclosure of sustainability-related financial information is a big step in the right direction for sustainability reporting – but improvements are needed.
Committee slams health department for lax financial management
- Article
- 15 Jun 2022
The Department for Health has £4bn of PPE in storage that will never be used, Public Accounts Committee report finds.
Why do we need the Economic Crime Bill 2.0?
- Article
- 14 Jun 2022
The Economic Crime Act was brought in swiftly in order for the UK to respond effectively to Russia’s actions in Ukraine. The second Economic Crime Bill is on the way. Why is it necessary?
‘Buy now, pay later’ lender conduct examined
- Article
- 14 Jun 2022
Changing economic conditions, inflation and a cost-of-living squeeze has contributed to a slowdown in consumer spending and credit, drawing attention to the practices of ‘buy now, pay later’ lenders.
Modern slavery: nothing to do with me?
- Article
- 14 Jun 2022
The combination of existing skills and new tools means that ICAEW members can play a pivotal role in the fight against modern slavery, say Dipak Vashi and Hope Sherwin.
Major changes to government sanctions’ enforcement powers
- Article
- 14 Jun 2022
The Economic Crime Act gives the Office of Financial Sanctions Implementation more power to impose penalties.
Digital skills and levelling up at the heart of UK Digital Strategy
- Article
- 13 Jun 2022
The new UK Digital Strategy includes plans for developing digital skills, Levelling Up infrastructure and finance options for fintech startups.
Part 2: Learn the right soft skills for career success
- Article
- 13 Jun 2022
In this two-part series, ICAEW speaks to members of the Institute’s Cyprus Younger Members Committee to discover why soft skills are so important, helping them achieve career goals and a good work-life balance.
EV shortages a problem for investors
- Article
- 13 Jun 2022
Investors and shareholders in car manufacturers making electric vehicles have been warned to expect a bumpy ride as production lines stall in the face of heavy demand and a global shortage of vital tech.
UK Endorsement Board: getting due process right
- Article
- 13 Jun 2022
ICAEW has responded to the UK Endorsement Board’s consultation on its Draft Due Process Handbook, stressing its belief that IFRS standards should be adopted in full.
Part 1: Learn the right soft skills for career success
- Article
- 10 Jun 2022
The uncertainty of the past two years has shown the importance of soft skills. ICAEW speaks to members in Cyprus to find out which skills have been instrumental to their careers as both employees and managers.
A new global baseline?
- Article
- 10 Jun 2022
The Financial Reporting Faculty talks to the new Vice-Chair of the ISSB about the need for high-quality, global sustainability disclosure standards.
ICAEW: Southeast Asia experiences uneven economic recovery
- Article
- 10 Jun 2022
Growth swiftly returning to pre-pandemic levels, matched by external headwinds from outside the region, is the story of economic recovery in Southeast Asia, finds ICAEW.
Chart of the week: Whole of Government Accounts 2019/20
- Article
- 09 Jun 2022
We take a look at the government balance sheet at 31 March 2020 this week, following publication by HM Treasury of the long-delayed 2019/20 audited financial statements for the UK public sector.
How well is accountancy performing on gender equality?
- Article
- 09 Jun 2022
As leading lights of the sector are named among the UK’s Top 50 Employers for Women, we look at what the profession is doing right on gender equality – and why there’s still more to do.
Should IASB reintroduce amortisation of goodwill?
- Article
- 08 Jun 2022
As the IASB looks at feedback on proposals in the Discussion Paper on Disclosures, Goodwill and Impairment, Evita Livera looks at the pros and cons of amortisation of goodwill.
Sustainability is a long-term plan, not a quick win
- Article
- 08 Jun 2022
EY UK Managing Partner for Sustainability Rob Doepel on why striking a balance between the visible quick wins – and the longer-term systemic changes needed to make a real difference is needed to avoid accusations of greenwashing.
Four-day week: the trial begins
- Article
- 08 Jun 2022
As of Monday, a four-day working week – on full pay – became reality for more than 3,300 people around the UK. Is this the beginning of a new shift in working patterns?
Displaying 1-50 of 59 results