Following the first sanction imposed by the Financial Conduct Authority (FCA) on an audit firm for failing to comply with reporting obligations, ICAEW is reminding auditors of their statutory duty under the Financial Services and Markets Act 2000 to report to the financial regulator.

A representation dated 1 November 2024 to a consultation published by Financial Reporting Council on 13 August 2024.

Ahead of the Budget, ICAEW’s policy and public affairs teams communicated key policy recommendations to political stakeholders and reacted to the new consultation on an Industrial Strategy.

Peter Herbert is back for his annual webinar aimed at helping small and medium sized audit firms get ready for the 2024/25 reporting season.

This webinar will provide you with a range of perspectives and will introduce some of the topics around technology, innovation and transformation.

Is your charity operating with a ‘blood, sweat and tears finance function’, which marginally meets the informational requirements of internal customers and legal reporting requirements, but do so with great pain and effort? If this sounds familiar, then it might be time to consider upgrading your accounting systems. This is crucially important because the quality of a charity’s accounting and reporting is directly linked to its future sustainability.

Discussion paper proposes steps for companies and financial institutions to follow for developing, and reporting on, their nature-related transitions.

Under the Joint Insolvency Committee’s (JIC’s) strategic work plan, Insolvency Guidance Papers (IGPs) are subject to periodic review to ensure they remain relevant to changing legislation and market conditions. A revised IGP approved by JIC and each of the Recognised Professional Bodies (RPBs) relating to the control of cases has today been issued by each of the RPBs).

In difficult times, it can be a radical but essential act to take time out of your busy calendar to step back, gain perspective and re-focus your efforts as a charity finance professional or volunteer. Kickstart the year with up to 8 hours of verifiable CPD with our virtual flagship Conference for the not-for-profit sector.

Practical advice on how to approach designing and implementing a transformation to deliver improvement to sustainability reporting.

Understand the importance of financial planning and the options available to raise finance.

Following the first sanction imposed by the Financial Conduct Authority (FCA) on an audit firm for failing to comply with reporting obligations, ICAEW is reminding auditors of their statutory duty under the Financial Services and Markets Act 2000 to report to the financial regulator.

Read articles on insolvency, refinancing and turnaround deals.

The money laundering regulations (MLRs) require every relevant organisation to take appropriate steps to identify and assess the risks of money laundering and terrorist financing to which its business is subject. We refer to this as the firm-wide risk assessment. It is the foundation upon which a firm builds its AML policies and procedures, particularly regarding customer due diligence (CDD). We asked the money laundering reporting officer (MLRO) at a sample of 100 high and high/medium risk accountancy firms a series of questions. We also asked for a copy of their most recent firm-wide risk as...

Insight into merging accountancy firms and the practicalities of bringing together cultures and technology.

Jenny Blewett FCA, Head of Finance at Costello Medical shows how she has used generative AI to help her transition from reporting under IFRS to UK GAAP.

In Spotlight 65, HMRC has alerted taxpayers to issues with provisions for potential general data protection regulation (GDPR) fines or civil claims.

The new government has confirmed that it will be continuing with legislation to increase company size thresholds but it will not, at this time, be taking forward proposals reducing reporting requirements for medium-sized companies.

Practical advice on how to approach designing and implementing a transformation to deliver improvement to sustainability reporting.

After much of the Budget was trailed ahead of time (to the chagrin of the Speaker of the House of Commons), there was a risk that the Budget would not contain any provisions not yet floated in the media. The Chancellor did manage to spring a couple of surprises but, sadly, no great relief or support specifically for charities was announced.

In difficult times, it can be a radical but essential act to take time out of your busy calendar to step back, gain perspective and re-focus your efforts as a charity finance professional or volunteer. Kickstart the year with up to 8 hours of verifiable CPD with our virtual flagship Conference for the not-for-profit sector.

Cyber round-up: the continuing payment scams and personal data attacks on individuals, key takeaways from ICAEW’s Cyber Security Awareness Month campaign, and how to safeguard your data and business from harm.

Read ICAEW’s thematic review on the firm-wide risk assessment, our AML Supervision Report or register for an upcoming webinar where the team will discuss the results reported in both publications. We also signpost recent updates including a Companies House timeline for corporate reform, UKFIU publications and changes to the list of high-risk third countries. Other resources include a new AMLbites video and recent webinar recordings.

Explore the effects of cybercrime and learn strategies for strengthening your business from experts.

ICAEW London welcomes the Cyber Resilience Centre for London for a cyber crime update. Protect your business! Learn how to detect, respond to and recover from cyber attacks. This virtual session will cover the latest threats and best practices for defence.

Is your charity operating with a ‘blood, sweat and tears finance function’, which marginally meets the informational requirements of internal customers and legal reporting requirements, but do so with great pain and effort? If this sounds familiar, then it might be time to consider upgrading your accounting systems. This is crucially important because the quality of a charity’s accounting and reporting is directly linked to its future sustainability.

As part of Trustees’ Week 2024 (4-8 November) Sophie Hamlet, an audit manager at Grant Thornton, explains why her motivation for being a charity trustee isn’t just about giving something back.

ICAEW members who volunteer as charity trustees must complete training each year that is specific to those duties, under ICAEW's CPD regulations. The Charity Community provides you with many cost-free CPD options, including our annual CPD course for charity trustees. Find out what we cover on the 2024-25 course, where to find it and how this differs from our Trustee Training Modules.

Read about the movers and shakers in the world of private equity.

This webinar from the Financial Services Faculty will provide helpful insights and hot topics specifically focused on CASS 5 insurance intermediary firms.

Explore the skills and tools to help you network effectively and confidently.

In this issue, we look at common findings from more than 1,500 Practice Assurance reviews; Performing a robust audit of Revenue; Root Cause Analysis themes relating to ISQM 1; changes to duty to report misconduct, and much more.

In this issue, we look at opportunities for staff recruitment and retention; Root Cause Analysis themes relating to ISQM 1; how you can get involved with a personal financial planning value added services focus group; a new 2023 UK GAAP accounts factsheet, and much more.

In this issue, we ask you to share your views on the AML supervisory reform consultation. We also look at seven situations that require a practising certificate; how to develop a meaningful Audit and Assurance policy; Getting started with climate reporting; ESGs and SME funding and much more.

In this issue, we look at the new, free, interactive Ethics CPD course; why sustainability reporting matters to SMEs; dispelling the common myths about charities; starting and leaving a practice; Tax in Practice July webinar and resources and much more.

Discuss increasing your capacity, learn about funding, and understand the regulatory implications of growth.

Insight into merging accountancy firms and the practicalities of bringing together cultures and technology.

Discussion paper proposes steps for companies and financial institutions to follow for developing, and reporting on, their nature-related transitions.

At a critical moment for tackling the global nature crisis, ICAEW Nature and Biodiversity Manager Toby Roxburgh reports from Cali to share some key takeaways from COP 16.

Mandatory transition plan disclosures are expected next year, but the rationale should be less about box ticking and more about a business’s ability to thrive in the coming decades. Kate Levick from think tank E3G explains why it’s time to act now.

Practical advice on how to approach designing and implementing a transformation to deliver improvement to sustainability reporting.

Following the Autumn Budget, UK interest rates are expected to fall to their lowest level since May 2023. ICAEW’s Economies Director Suren Thiru discusses the implications, what you need to know about current economic conditions and key points to watch.

As part of Trustees’ Week 2024 (4-8 November) Sophie Hamlet, an audit manager at Grant Thornton, explains why her motivation for being a charity trustee isn’t just about giving something back.

Discussion paper proposes steps for companies and financial institutions to follow for developing, and reporting on, their nature-related transitions.

The Tax Faculty's essential Autumn Budget 2024 update.

A representation dated 1 November 2024 to a consultation published by Financial Reporting Council on 13 August 2024.

Cyber round-up: the continuing payment scams and personal data attacks on individuals, key takeaways from ICAEW’s Cyber Security Awareness Month campaign, and how to safeguard your data and business from harm.

A representation dated 30 October 2024 to a consultation published by the Communications and Digital Lords Select Committee on 4 September 2024.

Jenny Blewett FCA, Head of Finance at Costello Medical talks about how she used generative AI to help check her firm’s banking controls when she was new in post.

Explore the effects of cybercrime and learn strategies for strengthening your business from experts.