The Institute of Chartered Accountants of Scotland (ICAS) has expressed significant concerns about the latest Scottish Budget, labelling it as "short-sighted" and ineffective in fostering long-term economic growth. Bruce Cartwright CA, Chief Executive at ICAS, said: “The Scottish government&rs
Icas
Ahead of today's Scottish Budget, the Chartered Institute of Taxation (CIOT) and Institute of Chartered Accountants of Scotland (ICAS) have called on the Scottish and UK governments to use the tenth anniversary of the Smith Commission next year to review the implementation of Scotland’s devol
Responding to the omission of the Audit and Corporate Governance Reform Bill from the King’s Speech today, ICAS has warned of a detrimental impact and calls for the government to rethink its position. ICAS strongly advocates that the reforms that were intended to be included in the Audit and C
In a move to foster social mobility and diversity, Johnston Carmichael has teamed up with the ICAS Foundation in a collaboration to financially back young, disadvantaged Scots pursuing accountancy degrees, addressing educational inequality head-on. As part of the agreement, Johnston Carmichael will
The Institute of Chartered Accountants of Scotland (ICAS) has raised concerns in response to the Chancellor's announcement proclaiming an immediate cap on the Civil Service headcount. The UK government decided to introduce cap on headcount at its current level will be introduced with immediate effec
The Institute of Chartered Accountants of Scotland (ICAS) has expressed concerns to HM Treasury in its review of the supervisory model for anti-money laundering (AML) and counter-terrorism financing (CTF) compliance, with three of the models listed in the consultation putting recent progress in
The Institute of Chartered Accountants of Scotland (ICAS) has endorsed the UK government's recent decision against creating a single insolvency profession regulator.
The Institute of Chartered Accountant of Scotland has responded to the uncertainty surrounding the reform of the UK's audits regulations after it was revealed that the legislative reforms needed to drive the overhaul is expected to be dropped from the King's Speech in November. J Bruce Cartwrig
A more comprehensive review of the Charities and Trustee Investment (Scotland) Act 2005 is needed, the Institute of Chartered Accountants of Scotland (ICAS) has argued. The call comes after the Charities (Regulation and Administration) Act 2023, with relatively limited reforms, received Ro
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.
The Institute of Chartered Accountants of Scotland (ICAS) and the Law Society of Scotland have called on the Scottish Government's newly formed tax advisory group to embark on an active reform agenda. In a joint letter to the Scottish Government, they underscored the necessity for improved public aw
The annual report of the HMRC Charter, released today, has revealed that poor service levels are hampering HMRC's ability to achieve its Charter standards, according to the Chartered Institute of Taxation (CIOT) and the Institute of Chartered Accountants of Scotland (ICAS). Both institutions are mem
A study by The Institute of Chartered Accountants of Scotland (ICAS) has revealed a substantial call among UK business leaders for governmental financial backing and enforced sustainability reporting standards to bolster corporate sustainability efforts. The study polled 581 ICAS members, comprising
Clive Bellingham CA has been appointed as the new president of the Institute of Chartered Accountants of Scotland (ICAS) for 2023/2024. Mr Bellingham, who is also a former member of the PwC Global Board, was confirmed as president at the ICAS AGM on Friday 28 April 2023. He takes over from Indy Sing
White Oak, a non-bank lender supporting SMEs and mid-corporates, has announced a partnership with the Institute of Chartered Accountants of Scotland (ICAS). This new venture will help to expand White Oak’s relationship with the business community, providing ICAS’s 23,000 members, 3,700 C