News
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UK sanctions changes for IPs
Read about important changes to be brought in in May 2025 to the UK sanctions reporting regime which will impact insolvency practitioners.
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ICAS guide to Scottish Taxes 2024
Justine Riccomini explains what readers will find in the latest edition of the ICAS Guide to Scottish Taxes.
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Administration extensions warning
Read about the Scottish Court’s approach to requests to extend Administrations and why it’s important to consider how Administrators are reporting to creditors.
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Insolvency technical update: November 2024
Stay informed on the latest insolvency developments with this month’s technical update.
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Fee related complaints
Learn more about a CA’s ethical responsibilities regarding fees and how fee complaints can be avoided.
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ICAS office closure over Christmas
Find out when we'll be closed and when to get in touch with pre-Christmas queries.
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The rise of the Carbon Accountant
Will Dodds, Consultant at Rutherford Cross, provides an overview of carbon accounting and the ever-changing governmental standards, and advises on how to future-proof your finance team to cover all of these bases.
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Rutherford Cross retained by Denholm Group
Learn more about the Internal Audit Manager role at The Denholm Group from Harry Young, their retained advisor at Rutherford Cross
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Career Returners events
Career Returners, the return to work experts, hold a number of events annually to help support you on your career journey.
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Government urged to “move faster” on investment plan
Read quotes from some of the guest speakers at CA Summit 24 in London, including Iain Anderson FRSA and Lord Mark Price.
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ICAS response to Mansion House speech
Read our response to the Chancellor's package of reforms aimed at delivering a world-leading sustainable finance framework.
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FRC publishes full text of revised Financial Reporting Standards
The FRC published the full text of FRS 102 and FRS 105 in September 2024.
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Centre for Public Interest Audit established
The Centre for Public Interest Audit was incorporated in June to bring together auditors from across the profession to shape best practice and inform the future of PIE audit in the UK.
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Reminder on ISA (UK) 600 Revised on group audits
ISA (UK) 600 Revised becomes effective for audits of group financial statements for periods beginning on or after December 15, 2023. The revised standard deals with the special considerations that apply to a group audit.
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FRC Annual Review of Audit Quality
The FRC has published its annual review of audit quality. This provides an overview of its assessment of quality among the Tier 1 firms, which are those with the largest share of the UK PIE audit market.
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FRC outlines its approach to external private capital in UK audit firms
The FRC outlines its approach to potential changes in audit firm ownership structures, emphasising the need to maintain audit quality, independence, and public interest focus
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Changes to the Audit Regulations – Maintaining competence
On 1 October, revised Audit Regulations were published on ICAS.com. There have been several amendments made, and firms should ensure that the revised regulations are reviewed and adhered to going forward. This article covers the changes relating to maintaining competence.
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Help us help you become a CA
We outline how your feedback helps shape your ICAS experience and the ways you can share your views.
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ISQM (UK) 1 – annual evaluations
Effective monitoring and evaluation arrangements are a key component of a functioning System of Quality Management, and firms should have conducted at least one annual monitoring and evaluation cycle by now, with the second due before the end of 2024.
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Changes to the Audit Regulations – Audit compliance review
On 1 October, revised Audit Regulations were published on ICAS.com. This article covers the changes to the requirements relating to audit compliance reviews.