Please read the open letter from FRC reaching out to all audit firms. The FRC is seeking stakeholder engagement on how to develop the quality of audit education and training by asking audit firms to complete the short surveys in the letter.

A new consultation on proposed changes to the UK Audit Regulations and Guidance is now open. The consultation is open from 1 September to 27 October 2023. The new regulations are expected to take effect in early 2024. Firms are encouraged to respond before the 27 October deadline.

Enter now for the TRI Awards. The event is 21 November. Deadline to enter is 25 September. This in-person event recognises and celebrates the hard work, dedication and success of individuals, teams and firms in the profession.

The Insolvency Guidance Paper (IGP) on Succession Planning is being updated. It’s a good place for insolvency practitioners (IPs) to start when putting contingency and succession plans in place to future-proof their professional interests.

Join any or all of these one-hour webinars covering legal and compliance updates and what's current in relation to Redundancy Payments Service claims. First one is 12th September.

HMRC’s latest Insolvency Bulletin announces changes to the way employers should report expenses and benefits provided to employees during the tax year ending 5 April 2023 in the February 2023 Employer Bulletin and again in the April 2023 Employer Bulletin. The change, which will apply for that tax year and future tax years, means HMRC will no longer accept paper P11D and P11D(b) forms, this includes lists. This change is for both original submissions and for amendments.