Professional Services

19 February 2021

The long and winding road…. that leads to….. ARGA

Following the submissions of the Financial Reporting Council (‘FRC’)  to the BEIS Select Committee in September 2020, in which it set out its progress so far under the Transformation Programme, the FRC this week has launched a consultation on its draft Strategy and Plan & Budget 2021/22, calling for stakeholder comments by 12 March 2021.
Julie Matheson

2 February 2021

The EU-UK Trade and Cooperation Agreement – can UK qualified accountants still work in the EU?

Julie Matheson and Lucinda Soon consider the implications of the EU-UK Trade and Cooperation Agreement on UK accountants providing services in the EU. 

Julie Matheson

18 December 2019

Is the FRC considering whether Sarbanes-Oxley should cross the waters?

The general election is now over, and Parliament has more time to deal with matters other than Brexit. The spotlight has therefore returned to corporate governance, with The Sunday Times reporting that the FRC is developing a “British version of Sarbanes-Oxley”. It reported that this would “heap more responsibility on to directors, asking them to vouch regularly for the integrity of their financial controls and – if passed into law in the UK – opening the possibility of criminal proceedings against chief executives and finance directors for reporting misleading statements to the market.”

Christina Orthodoxou

28 May 2019

New ICAEW sanctions guidance on criminal convictions, cautions and Anti-Money Laundering

From 1 April 2019, criminal conduct by ICAEW members will be dealt with according to the new version of the Guidance on Sanctions, which simplifies as well as amplifies the 2018 version.

Further changes will follow in July 2019, with the introduction of new guidance for Anti-Money Laundering breaches where the relevant conduct has not resulted in a criminal conviction.

Julie Norris

1 April 2019

Think before you tweet – the perils of social media for the accountancy profession

Social media has introduced to professionals a global platform for promoting services to an ever-growing audience in order to network and reach out to new clients. It is increasingly a key focus of marketing strategy. Not only this but it is a space within which professionals can share and acquire knowledge.

Charlotte Judd

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