Displaying 1-20 of 171 results
Technical round-up: November 2024
- Article
- 28 Nov 2024
This month’s top stories feature Budget measures you may have missed; a deadline extension for providing agent codes; and data that suggests improvement on HMRC call handling.
Companies House reform: ID verification and its impact on accountants
- Article
- 26 Nov 2024
Mike Miller, ICAEW’s Economic Crime Manager, outlines the major changes and intended timeline of implementation for Companies House identity verification.
How risk management should work in local government
- Article
- 19 Nov 2024
Local authority finance teams must embed risk management in decision-making processes and financial planning, as well as create a risk-aware culture across the organisation.
‘Cultural shift’ needed across government, NAO warns
- Article
- 12 Nov 2024
Focus must be placed on securing long-term value for money if the government is to use the planning and spending framework to improve productivity and efficiency, public spending watchdog says.
Supporting local authorities to futureproof their finance teams
- Article
- 11 Nov 2024
As ICAEW launches a series of best practice case studies, Alison Ring, Director of Public Sector & Taxation, explains how strengthening financial skills in local government will improve outcomes for residents.
Technical round-up: October 2024
- Article
- 31 Oct 2024
This month’s top stories feature eight Budget updates covered by ICAEW’s Tax Faculty, a list of software products that are now ready for MTD ITSA, and new VAT guidance for private schools.
Budget 2024 verdict: big and bold, but borne by business
- Article
- 31 Oct 2024
Chancellor Rachel Reeves focused on delivering economic stability with her wide-ranging first Budget – but short-term tax raising measures worth £40bn fall primarily on the shoulders of business.
Financial stewardship lessons from Naomi Campbell’s charity collapse
- Article
- 28 Oct 2024
With a primary purpose to ease hardships among people in disaster areas, anti-poverty charity Fashion for Relief launched with great promise – but fell prey to financial mismanagement.
Leading data-led decision making in local government
- Article
- 25 Oct 2024
Finance professionals are pivotal in ensuring local authority decisions on service delivery are grounded in robust data analysis. CIPFA’s Iain Murray outlines the role of finance teams in ensuring data-led decision-making and the skills required for success.
Strengthening financial expertise across local government
- Article
- 25 Oct 2024
Marking the launch of a series of best practice case studies, Alison Ring OBE FCA CPFA, ICAEW Director of Public Sector & Taxation, shares the vital role that finance teams play in local government.
One in four councils foresees emergency government bailout
- Article
- 23 Oct 2024
A quarter of councils in England say they are likely to have to apply for emergency government bailout agreements to stave off bankruptcy in the next two financial years, a Local Government Association survey finds.
UK at critical moment to transform economy
- Article
- 16 Oct 2024
Government must offer clear, stable policies for the UK to tackle the domestic and international economic, social and technological challenges ahead, ICAEW members told.
NAO: how process disruption impacts laying of accounts
- Article
- 26 Sep 2024
Debbie Edwards, a Senior Audit Manager in the National Audit Office’s Financial Audit Practice and Quality Team, explains how elections and the pandemic impacted the timing of the laying of accounts.
Influencing policy to support you: September 2024
- Article
- 26 Sep 2024
As parliament returned from the summer recess, ICAEW was finalising its Budget submission – urging immediate action to provide clarity over business taxes and stimulate growth – and gearing up for the political party conference season.
NAO issues new draft Code of Practice
- Article
- 12 Sep 2024
The new code sets out how auditors of public bodies fulfil statutory responsibilities.
NAO highlights tax evasion in the retail sector
- Article
- 09 Sep 2024
The National Audit Office (NAO) has found that HMRC does not have a specific strategy for tackling tax evasion, and that a cross-government approach as well as a better use of HMRC’s powers could increase tax revenues.
ICAEW technical round-up: August 2024
- Article
- 28 Aug 2024
This month’s top stories include: warning of a fraudulent HMRC letter; confirmation of how property income for Making Tax Digital is calculated; and HMRC changes to LLP salaried member rules.
Business impacts of nature should be on your radar
- Article
- 20 Aug 2024
ICAEW Annual Conference 2024: Business for Nature Advocacy Director Maelle Pelisson says there’s an urgent need for businesses and governments to work together to achieve a nature-positive economy by 2030.
Councils risk making decisions based on inaccurate information, warns Audit Wales chief
- Article
- 01 Aug 2024
The Auditor General for Wales is “concerned” as councils found to provide limited information to help senior leaders understand service users’ views and outcomes.
Six ways to improve efficiency in public sector buying
- Article
- 24 Jul 2024
Matthew Rees, a director at the National Audit Office (NAO) with responsibility for procurement, sets out six key recommendations from his report on efficiency in government procurement of common goods and services.
Displaying 1-20 of 171 results