Icas

Responding to a growth of private equity investment, The Institute of Chartered Accountants of Scotland (ICAS) is calling for a multi-stakeholder review of the framework governing who can own audit firms. The call follows the publication of a new paper by ICAS’ Private Equity working group, ex

The Scottish Fiscal Commission (SFC) has unveiled its latest economic and fiscal forecasts, indicating a slight improvement in the Scottish Government's available funding for 2025-26, which is now projected at £59.6 billion. This figure is almost £0.8bn higher than December 2024 estimate

The accountancy profession has an increasingly critical role to play in setting the standard for ethical behaviour in business, according to a new ethical leadership insights series from the Institute of Chartered Accountants of Scotland (ICAS). ICAS conducted in-depth interviews with a selection of

Karen Scholes CA has been appointed as the new President of Institute of Chartered Accountants of Scotland (ICAS) for 2025/26, becoming the sixth woman to hold the role in ICAS’ 171-year history. Ms Scholes is the partner director of Scholes CA, an independent accountancy firm with a strong fo

Artificial intelligence (AI) offers a significant opportunity for Chartered Accountants to deliver greater value and develop fulfilling careers, but realising its potential requires dedicated upskilling and proactive leadership, according to a landmark report by Chartered Accountants Worldwide (CAW)

The Institute of Chartered Accountants of Scotland (ICAS) has admitted 760 newly qualified Chartered Accountants (CAs) at its annual Admission Ceremony in Edinburgh on 5 April. This year's event marked a significant milestone, welcoming the first CAs to qualify through the Robert Gordon University (

Prominent industry leaders will explore the future of sustainable business at the third annual ICAS Sustainability Summit in London on 23 April 2025. The event, hosted by renowned environmental journalist and former BBC analyst Roger Harrabin, takes place at a pivotal time for the UK’s journey

The Institute of Chartered Accountants of Scotland (ICAS) has said that the Chancellor’s Spring Statement leaves businesses and the public with uncertainty about how the UK government will deliver on some very big promises. Chancellor Rachel Reeves was in an optimistic mood about collecting an

The CEO of the Institute of Chartered Accountants of Scotland (ICAS), Bruce Cartwright CA, has written an open letter in response to former Chancellor Jeremy Hunt's suggestions that graduates should avoid accountancy as AI usage increases. Speaking on the Jimmy's Jobs of the Future podcast, Mr

Military personnel from the Ministry of Defence (MOD) now have the opportunity to enhance their skills and career prospects through the Institute of Chartered Accountants of Scotland (ICAS)’s new qualification, which promises to open doors to an extensive range of business roles following thei

Bruce Cartwright CA, CEO of ICAS, has responded to Holyrood's approval of The Scottish Government's 2025-26 Budget, describing it as a "short-term fix" lacking a long-term tax strategy and a clear reform roadmap for public services. The budget includes £21.7 billion for health and social care,

The Institute of Chartered Accountants of Scotland (ICAS) has urged the UK government to collaborate with the Financial Reporting Council (FRC) to establish a robust regulatory framework for sustainability assurance. This call follows the FRC’s publication of its final report from the Assuranc

The Institute of Chartered Accountants of Scotland (ICAS) has urged the UK government not to view audit and corporate governance reform as the "enemy of economic growth". UK ministers are reportedly considering shelving the Audit Reform and Corporate Governance Bill promised in the King's Speech las

MHA partner Michael Reid has been ordered to pay a regulatory penalty of £11,500 following a number of failings. The penalty was imposed by the ICAS Authorisation Committee in December 2024 but was not made public until this morning, when a summary of the complaint was published by the Insolve

The Institute of Chartered Accountants of Scotland (ICAS) marks its 170th anniversary this month, celebrating its position as the world's oldest professional body for chartered accountants. Since its founding by Royal Charter in 1854, ICAS has played a pivotal role in shaping the global accounting p