Blog
Suspension of the UK’s Refugee Family Reunion scheme: an afront to the principle of family unity
Oliver Oldman
19 April 2018
First time offenders avoid exclusion in ICAEW disciplinary hearing
In a decision published this month, ICAEW member firm Butterworth Barlow Ltd and its Directors, Gavin Butterworth and Barry Barlow, were given severe reprimands and fines following an ICAEW disciplinary hearing earlier this year.
18 April 2018
A new international ethical compass for regulated accountants
Last week The International Ethics Standards Board for Accountants® (IESBA®) released a new Code of Ethics for professional accountants. The IESBA is the global independent standard-setting body that sets ethical standards, including auditor independence requirements for professional accountants. IESBA is one of the standard setting boards of the International Federation of Accountants (IFAC). IFAC is a global body for the accountancy profession which aims to strengthen the profession and contribute to the development of strong international economies.
11 April 2018
Will Grant Thornton be the catalyst for change in the audit market?
Grant Thornton last week announced that it has decided to opt out of bidding for audit work for FTSE 350 companies, in a move that could ultimately cause a seismic shift in the audit market.
6 March 2018
Accountancy Profession Breaking Down Geographical Borders
Last week, the Institute of Chartered Accountants of Scotland (ICAS), US accountancy bodies The National Association of State Boards of Accountancy (NASBA) and The American Institute of CPAs (AICPA), signed an agreement which will allow for their respective members to practise in the other’s jurisdiction. This will be an exciting development for ICAS members who will, after meeting certain requirements, be able to practise in the US; a perfect opportunity to work in audit whilst experiencing all that America has to offer.
16 February 2018
Directorships in the financial or insurance sector: a career pinnacle or poisoned chalice?
In the not too distant past, a directorship in a bank, insurance company or financial services firm was seen as a lucrative and career-defining role. Many directors built a career out of having a portfolio of Board appointments, which involved a significant degree of responsibility to the organisation, but, in many circumstances, little personal regulatory oversight.