Acca

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The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy. In a critical open letter, the ACCA pinpointed three core areas requiring imme

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Recent data unveiled by ACCA has highlighted significant issues UK accountants face when interacting with HMRC services at even the most basic level. Over half (52%) of the surveyed UK ACCA members voiced concerns that HMRC's service quality was negatively affecting their work efficiency. This

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The Association of Chartered Certified Accountants (ACCA) has expressed concerns regarding the preparedness of UK local authorities to embrace the International Financial Reporting Standard (IFRS) 16, which pertains to lease accounting. Responding to a consultation on the update to the Code of Pract

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Giving written evidence to the UK Parliamentary Treasury Committee inquiry into SME finance, ACCA set out a gloomy picture of SMEs struggling to access finance. Drawing on its Global Economic Conditions Survey (GECS), ACCA says that the proportion of SMEs having problems accessing finance remains be

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In a recent response to the Department of Business and Trade's (DBT) survey on non-financial information, the Institute of Chartered Accountants of Scotland (ICAS) highlighted the significance of non-financial reporting for businesses.

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HM Revenue & Customs (HMRC) has disclosed that nearly 25% of the funds provided through a multi-billion-pound tax relief scheme, aimed at spurring research and development (R&D) in small to mid-sized companies, was lost to error and fraud between 2020 and 2021. This figure, marking one of th

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The head of the Association of Chartered Certified Accountants (ACCA) Scotland, Susan Love, has expressed concerns over the deteriorating service standards at HMRC, attributing this to a lack of investment. The decline has strained relationships between HMRC, compliant taxpayers and their agents, ac

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Scottish financial professionals are liberated to add even greater value by the advance of digital technology, according to Helen Brand, chief executive of the Association of Chartered Certified Accountants (ACCA). In a recent address to the PrimeGlobal business leadership conference in Edinburgh, M

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