The objective of the work programme is to evidence work carried out as an insolvency court reporter appointed by either the Court of Session or a Sheriff Court.
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These documents are ICAS' responses to insolvency related consultations and are submitted on behalf of the ICAS Insolvency Committee.
Download documents on ICAS' Public Practice Regulations and Professional Indemnity Insurance Regulations. You'll also find information on a list of ICAS participating Insurers, Minimum Approved Wording and guidance for obtaining professional indemnity insurance.
The following documents are produced by ICAS' Insolvency and Regulation Monitoring team. Read on for more key information and help sheets for assistance.
Insolvency Guidance Papers (IGPs) are agreed by the Joint Insolvency Committee (JIC) and issued by the Recognised Professional Bodies (RPBs) to Insolvency Practitioners to provide guidance on matters that may require consideration in the conduct of insolvency work or in an Insolvency Practitioner's practice.
The specific provisions for Insolvency Practitioners when performing insolvency or similar engagements are in Part 10 of the ICAS Code of Ethics. Part 10 became effective from 1 October 2025. Part 5 of the ICAS Code of Ethics for Insolvency Practitioners was applicable from 1 May 2020 to 30 September 2025. Part D of the Code (applicable from 1 January 2014) was applicable until 30 April 2020.
HMRC have issued an Insolvency Guidance note that the IP appointments nomination mailbox has been closed with effect from 19 Dec 2024
Tax returns and payments in administrations – correction On 17 January 2024 HMRC issued insolvency guidance stating that in administration the administrator should calculate the pro-rata proportion of income tax and NIC due for the post appointment period only, then deduct and account for that income tax and NIC only.
This Case Review Pack is part of a series issued by ICAS. The objective is to provide documentary evidence of the conduct of the Sequestration and of periodic case review. It is accepted that there are alternative methods of demonstrating that periodic reviews have been completed. Use of these review forms is not mandatory where it can be demonstrated that other appropriate methods of review are employed.
