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+2 4 votes

Thank you, Sir David!

Tomorrow is Sir David Tweedie’s last day as chairman of the International Accounting Standards Board (IASB). On Friday, Hans Hoogervorst – supported by vice-chair Ian Mackintosh – takes up the chairmanship. With Tweedie’s departure we’re leaving one...

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+2 4 votes

PCAOB looks at the auditor’s reporting model

Last week, the Public Company Accounting Oversight Board (PCAOB) in the US published a Concept Release on the Auditor’s Reporting Model, asking whether the model needs to change. It is an important contribution to the ongoing debate about the audito...

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+2 2 votes

Wanted: your views on changes for tax agents

HMRC recently published a consultation paper, ‘Establishing the future relationship between the tax agent community and HMRC,’ on which ICAEW wants your views.

The paper sets out a number of proposals that will change the way that tax ag...

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+1 3 votes

Government rebuts Lords’ Report

The Government’s response to the House of Lords’ report on Audit (link) yesterday is a reassuring breath of fresh air.

You can read our reaction to the Secretary of State for Business, Innovation and Skills' letter here...

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+1 1 vote

UK corporate debt becoming more sustainable

This week ICAEW published a piece of research on corporate debt that I would recommend taking a look at.

Here’s what it says and why it matters:

Over the last few weeks, funding for businesses has been a hot topic. Bank lending and P...

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+6 12 votes

Are professional bodies too partisan?

Last week I went to a number of meetings with fellow chief executives of professional bodies across the major capital markets.  A number of my counterparts expressed frustration at what they saw as an increasing tendency among policy makers to ...

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+1 3 votes

SME export ’10 year challenge’

‘A 10 year challenge’, was how Trade Minister Lord Green described getting more UK SMEs to export last week. 

 

He was speaking at an Accountancy roundtable at Chartered Accountants’ Hall, with more than 20 accountants from firm...

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+2 2 votes

ICAEW applies for Accredited Body status under RDR

As the Retail Distribution Review (RDR) approaches, ICAEW has been considering its role and the role of its members in the new regime.

 

At the Financial Services Faculty conference the week before last we announced that ICA...

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+5 5 votes

Micro-Entities: a new era?

Two weeks ago, EU member states voted to let each EU country exempt very small companies, or micro-entities, from some financial reporting obligations.  What this would mean, if the European Parliament agrees with the proposal, is that ind...

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+2 2 votes

ICAEW's Annual and Special Meetings

Last week ICAEW’s Annual and Special Meetings took place- an opportunity for members to hold the office holders and executive to account for ICAEW’s performance last year. It’s also a chance for me to provide an update on the strong progress we...