News

FRC signs MOURA with IAASA

We highlight that the FRC has agreed a Memorandum of Understanding on Reciprocal Arrangements IAASA.
Post-transition period guidance

The FRC has issued guidance for accounts prepared for periods that straddle the Transition Period Completion Day.
Recognition of profession qualifications

We highlight the provisions on mutual recognition of professional qualifications set out in the Free Trade Agreement.
Audit arrangements: 1 January 2021

We highlight a letter to auditors and audit firms regarding arrangements from 1 January 2021.
UK reporting framework from 1/1/21

We highlight a letter to audit firms and companies detailing changes to UK corporate reporting from 1 January 2021.
Accounting framework after Brexit

Learn about the key changes to the post-transition period accounting framework.
Trader Support Service

Trader Support Service provides free assistance on movement of goods into Northern Ireland
Transition period guidance from HMRC

Find information and Brexit transition period guidance from HMRC.
Ireland insolvencies post-Brexit

A look at the impact for ICAS Members on insolvency appointments in Ireland at the end of the Brexit transition period.
Businesses must prepare for Brexit

UK Business Secretary encourages businesses to prepare now for Brexit.
Brexit transition period

We highlight information for auditors and firms jointly issued by the FRC and BEIS now that the UK has left the EU.
Accounting during transition period

Now that the UK has left the European Union and is in a transition period, this article summarises information produced by the FRC and BEIS on accounting and corporate reporting standards during the transition period.
Learning from Canada

David Wood highlights the relevance of ICAS’ expert report 'CETA: Brexit and Beyond’ for the UK–EU trade negotiations.
New Brexit withdrawal agreement impacts business confidence

ICAS (The Institute of Chartered Accountants of Scotland) has found in its latest poll of members that 54% do not think the latest Brexit withdrawal agreement is “positive” for business.
Agile planning for Brexit

David Wood issues a reminder of the need to think through the implications of whatever form of Brexit is going to be agreed – or not agreed.
CAs favour continued membership of the single market

CAs have stated consistently that their preferred Brexit outcome is for the UK to remain in the single market, according to the ICAS Brexit Tracker.
Brexit and the pound

While the Bank of England has held out the prospect of rate hikes if Brexit goes smoothly, money markets are betting it may have to cut borrowing costs instead.