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
Icas
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) highlights key concerns in response to the Financial Reporting Council’s draft revised UK Corporate Governance Code, and calls for any changes to support wider government objectives to grow the economy. The institute also wants to see e
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
New research launched today from the Chartered Accountants Worldwide global ED&I task force, chaired by ICAS executive director of member engagement and communications, Sarah Speirs, has identified the key to fostering female ambition in the profession. The CAW global ED&I task force partner
The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the announcement of new measures to protect consumers who use tax repayment agents and the publication of an updated HMRC standard for agents. This follows a consultation last year.
The Institute of Chartered Accountants of Scotland's (ICAS) experts have examined key aspects of the Scottish Budget announcement and how this addresses issues affecting many, such as the freezing of tax thresholds and increase in income tax. On the key announcements in the Scottish Budget, Justine