News in Professional resources
-
FRC publishes full text of revised Financial Reporting Standards
The FRC published the full text of FRS 102 and FRS 105 in September 2024.
-
FRC outlines its approach to external private capital in UK audit firms
The FRC outlines its approach to potential changes in audit firm ownership structures, emphasising the need to maintain audit quality, independence, and public interest focus
-
FRC Annual Review of Audit Quality
The FRC has published its annual review of audit quality. This provides an overview of its assessment of quality among the Tier 1 firms, which are those with the largest share of the UK PIE audit market.
-
Centre for Public Interest Audit established
The Centre for Public Interest Audit was incorporated in June to bring together auditors from across the profession to shape best practice and inform the future of PIE audit in the UK.
-
Reminder on ISA (UK) 600 Revised on group audits
ISA (UK) 600 Revised becomes effective for audits of group financial statements for periods beginning on or after December 15, 2023. The revised standard deals with the special considerations that apply to a group audit.
-
Insolvency technical update: October 2024
Stay informed on the latest insolvency developments with this month’s technical update.
-
Changes to insolvency bonding
Read about changes to insolvency bonding requirements and what steps insolvency practitioners should be taking as a result.
-
Insolvency Guidance Papers 1 and 4 update
Read about changes to Insolvency Guidance Papers on control of cases and systems for control of accounting and other business records.
-
HMRC update re-extended accounting periods
Find out about an update to HMRC’s extended accounting periods.
-
HMRC agent code clean up
Find out about HMRC’s recent attempt to clean up its data on agent codes.
-
MTD for Income Tax update
Find out about the latest resources to help prepare your practice for MTD for Income Tax.
-
Key announcements in the Autumn Budget 2024
Read our detailed analysis of today's Autumn Budget announcements.
-
Savings scheme breaches NMW regulations
Justine Riccomini explains why HMRC won their case on an employee savings scheme which breached National Minimum Wage regulations.
-
Football referees’ case decided by Supreme Court
Justine Riccomini explains what happened in the employment status case decision issued by the Supreme Court in the case of Professional Game Match Officials Ltd (PGMOL).
-
Stuart Barnes loses his IR35 case at the Upper Tribunal
Justine Riccomini explains how and why Stuart Barnes, a Sky TV pundit, commentator and presenter lost his IR35 case against HMRC at the Upper Tribunal
-
CJRS case – courts find in favour of HMRC
Justine Riccomini explains why Ark Angel lost its CJRS case to HMRC
-
Calls for research
Understand why ICAS Research has issued three new calls for research in response to three new funding opportunities.
-
What might be in the Budget?
Discover what tax changes the Chancellor might announce in her first Budget on 30 October.
-
Modern slavery - what CAs need to know
Find out what CAs should be doing in relation to modern slavery.
-
Helping SMEs access funding
Read more about the Growth Guarantee Scheme, designed to support access to finance for UK SMEs as they look to invest and grow.
