The week in two minutes: 18 December 2015
A round-up of the top content you may have missed this week from CA Today.
A look ahead to 2016 from the ICAS Executive Team
ICAS CEO Anton Colella and the other members of the Executive Team offered their thoughts on what lies ahead for finance and the wider accountancy profession in 2016. It was clear from Anton and the other Executive Team members that there is much to look forward to in the year ahead.
Festive teasers from the ICAS Tax team
Anne-Marie Roberts pondered the contractual status of Rudolph and the need for Santa to check his residency status in this imaginative seasonal article. Our Head of Taxation - Scottish and Indirect Taxes, also considered the VAT liability of a partridge in a pear tree and revealed that even a Playstation can be useful for filing a tax return.
Variety is the spice of life for President Jim
ICAS President Jim Pettigrew CA looked back at some of the recent developments in the Institute which have been delivered to meet the diverse and changing needs of members. Jim said that while ICAS may not be able to satisfy everyone’s needs “we will never stop striving to better represent our members wherever they live and whatever they do”.
Choose your ideal Australian city
With CA Today Australia up and running we explored the contenders for the top Australian city for CAs. Sydney, Melbourne, Brisbane, Canberra, Perth and Adelaide all offer various options and some pleasant weather into the bargain.
Junk the jargon – survey suggests
Some clients are being bamboozled by accountants’ jargon, a study revealed. Pulse Accounting reported that one in five of clients said they were having trouble with some of the language used by their accountants and has published a Jargon Buster to help out.
Scottish Budget reaction
There may have been no surprises in the setting of the Scottish Rate of Income Tax at 10p but there was still plenty of detail to be considered following the Finance Secretary’s Budget Statement on Wednesday. Donald Drysdale picked up on some of the key areas of interest.
Bankruptcy budget cut
ICAS Director of Insolvency, David Menzies, delved into the detail of the Scottish Budget and discovered that the Accountant in Bankruptcy (AiB) service is facing a cut of a third in its finances. David considered what this would mean for the agency.
Video views – top tips for leadership
We asked a number of business leaders, including ICAS Vice-President and Stagecoach Founder Brian Souter CA and television celebrity Nick Hewer for their insights into great leadership. Their answers provide a fascinating and diverse range of responses.
Enhancing confidence in audit – ICAS response
James Barbour, Director of Technical Policy, outlined key points from the ICAS response to the Financial Reporting Council’s consultation – Enhancing Confidence in Audit.
Tax digital roadmap published
Charlotte Barbour, ICAS Director of Taxation, reported on HMRC’s publication of its roadmap for digital transformation, and its ambition to make the system “more effective, more efficient and easier for taxpayers”.