The Institute of Chartered Accountants of Scotland (ICAS) has urged the Scottish Government to adopt a longer-term approach to financial planning in response to its latest spending figures and future strategy. This call for a more sustainable and transparent fiscal framework comes as the Scottish Go
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The Institute of Chartered Accountants of Scotland (ICAS) has welcomed today’s landmark launch of the Department for Business and Trade’s package of three consultations on sustainability reporting standards, assurance of sustainability reporting and climate-related transition plan requir
As the public consultation on the Charities SORP 2026 ends, the Institute of Chartered Accountants of Scotland (ICAS) has called for further action to ease the growing reporting burden on charities. Christine Scott, head of charities and reporting at ICAS said: "The proposed changes offer more clari
The Institute of Chartered Accountants of Scotland (ICAS) has praised the UK government’s focus on driving economic growth in its Spending Review, but warns that while ambitions around investment in education, healthcare, infrastructure and housing are commendable, the lack of clarity on how t
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,