ICAEW.com works better with JavaScript enabled.

ICAEW Technical Releases

ICAEW Technical Releases are a source of good practice guidance on technical and practice issues relevant to the work of ICAEW Chartered Accountants, accountants and other professionals. Below are the latest Technical Releases issued by the ICAEW Faculties.


Guidance for preparers of pro forma financial information (TECH 06/15 CFF, TECH 01/15 CFF updated)

This Technical Release is issued in the context of the Prospectus Directive (Directive 2003/71/EC) and provides practical help for applying the preparation and presentation requirements of the Prospectus Directive Regulation. It replaces TECH 01/15CFF, which itself replaced TECH 18/98 PRO Forma Financial information, Guidance for preparers under the Listing Rules.

Guidance on financial position and prospects procedures (TECH 14/14 CFF)

TECH 14/14CFF addresses a regulatory requirement of companies seeking to list on a UK market. The guidance is aimed at directors and reporting accountants and updates TECH 01/13CFF. TECH 14/14CFF should be implemented for listing processes beginning on or after 1 December 2014.

Guidance on financial position and prospects procedures (TECH 01/13 CFF)

This guidance is aimed at directors of companies preparing for an Initial Public Offering (IPO), explaining how they can demonstrate that they have established FPP procedures to address relevant objectives and reporting accountants undertaking an assurance engagement to address relevant objectives and providing an assurance report in relation to FPP procedures established by directors.

Financial Reporting

Guidance for skilled persons reviews (TECH 01/18 FSF)

2018 edition of ICAEW’s guidance for skilled persons conducting reviews (s166 and s166A reviews) for the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and the Bank of England.

Banking regulatory ratios (TECH 03/17 FSF)

ICAEW assurance framework. This guidance aims to promote consistency in the practices adopted for assurance work on banking regulatory ratios, including capital, liquidity and leverage ratios.

Guidance for skilled persons reviews (TECH 15/14 FSF)

This guidance was issued by ICAEW in December 2014 to help chartered accountants and other professionals who are asked to report under Section 166 (s166) and Section 166A (s166A) Financial Services and Markets Act 2000 (FSMA), as amended by the Financial Services Act 2012 (FS Act).

Registration of Consultant Lobbyists - Implications for Member Firms (TECH 01/17 BL)

This Technical Release has been produced to expand upon the guidance given in TECH04/16BL. Nothing included in TECH04/16BL has become inappropriate, but further discussions with the Registrar have clarified some of the provisions of the legislation and their interpretation. For this reason, TECH04/16BL has been withdrawn with immediate effect and replaced with TECH01/17BL.

Guidance on realised and distributable profits under the Companies Act 2006 (TECH 02/17 BL)

This Technical Release provides guidance on realised and distributable profits under the Companies Act 2006 (as amended) (the Act) and all relevant statutory instruments made under the Act. Its purpose is to identify, interpret and apply the principles relating to the determination of realised profits and losses for the purposes of making distributions under the Act. It is based on the guidance previously issued as TECH 02/10 in October 2010 but has been updated as proposed in TECH 05/16 which was issued for comment in March 2016.

TAXguide 06/19: Termination payments

A new regime for taxing termination payments was introduced from 6 April 2018. TAXguide 06/19 sets out a number of questions in relation to the changes, with answers provided by HMRC.