Business feedback sought by policy makers
ICAS supports the Business and Regulatory Impact Assessments as a means of improving the quality of Scottish regulation.
Businesses are being encouraged to complete an impact assessment which has been designed to improve the quality of regulation legislation in Scotland.
Business and Regulatory Impact Assessments (BRIAs) are a method used by the Scottish Government to engage with business and ensure regulation is appropriately drafted.
In 2010 the government introduced BRIAs following a recommendation from the Regulatory Review Group (RRG). ICAS is a member of the RRG.
RRG recommended that a key part of this process should be face to face discussions between government and individual businesses.
This is essential for ensuring that any potential effect on business, particularly small enterprises, is understood and taken into account before regulations are made. It also establishes better relationships and encourages improved understanding between business and government, and provides an opportunity for business to feed into the development of legislation.
Alice Telfer, ICAS Assistant Director Business Policy and Public Sector, said: "ICAS supports the better regulation agenda using market-based action wherever possible and an approach based on principles rather than rules.
"The five principles of Better Regulation steer regulators to be proportionate, consistent, accountable, transparent and targeted."
If you are interested in contributing to consultations check out the ICAS news updates and icas.com or email the accounting and auditing team.
ICAS contributes to consultations on a wide variety of topics and welcomes members' views to inform those responses.