Consultation: FRC's Market study into SME audit and reporting challenges

ACCA welcomes the opportunity to respond to the FRC’s Small and medium-sized enterprises market study.

Consultation: Canadian Sustainability Standards Board (CSSB) 2025-2028 Strategic Plan Consultation Paper

ACCA welcomes the opportunity to provide feedback on the Canadian Sustainability Standards Board’s (CSSB) Proposed 2025–2028 Strategic Plan.

Consultation: IFRS/DPH/ED/2024 Proposed amendments to the IFRS Foundation Due Process Handbook

ACCA welcomes the opportunity to provide views in response to the IFRS Foundation’s exposure draft (ED) on proposed amendments to the IFRS Foundation Due Process Handbook. We hope that our comments, which include feedback from our ACCA Global Forum for Corporate Reporting, are a helpful contribution to this process.

Consultation: IFRS Sustainability Disclosure Standards - Rwandan Draft Adoption Roadmap

ACCA welcomes the opportunity to contribute its views in response to ICPAR’s request for comments on the Rwandan Adoption Roadmap for IFRS Sustainability Disclosure Standards.

PII limits for regulated work

Understand the requirements for Designated Professional Body, CILEX- and CAA/ATOL-registered accountants

Consultation: IASB Exposure Draft Provisions—Targeted Improvements

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Provisions – Targeted Improvements. Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

Consultation: IPSASB SRS Exposure Draft 1, Climate-related Disclosures

The Association of Chartered Certified Accountants (ACCA) and the Pan African Federation of Accountants (PAFA) welcome the opportunity to comment on the Exposure Draft of IPSASB’s first proposed Sustainability Reporting Standard (SRS ED 1) on climate-related disclosures.

Consultation: UK Stewardship Code Consultation

ACCA welcomes the opportunity to respond to the Financial Reporting Council’s Stewardship Code Consultation.

Response to the Spending Review 2025 (Phase 2)

Read ACCA's comments on behalf of members

Accounting for a better world: An ACCA policy prospectus for the Republic of Ireland

ACCA lays out a plan for a thriving economy: a sustainable and just transition, and a framework for growth

Consultation: Tax Administration Framework Review – new ways to tackle non-compliance

Read ACCA's response

Local audit reform: a strategy for overhauling the local audit system in England

ACCA welcomes the opportunity to respond to the Ministry of Housing, Communities and Local Government’s public consultation on reforming local audit in England.

Consultation: TNFD discussion paper on Nature Transition Plans

ACCA welcomes the opportunity to provide views in response to the Taskforce on Nature-related Financial Disclosures (TNFD) discussion paper on ‘Nature Transition Plans’.

Trade Strategy: comments to the UK Department for Business and Trade

Glenn Collins, head of technical and strategic engagement, and Gemma Gathercole, strategic engagement lead, responded to the consultation

Consultation: IASB’s exposure draft (ED) for the Equity Method of Accounting

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for the Equity Method of Accounting – IAS 28 Investments in Associates and Joint Ventures (revised 202x).

Consultation: Preferential Tax Regimes for Privately-offered Funds, Family-owned Investment Holding Vehicles and Carried Interest

ACCA welcomes the opportunity to provide views in response to the consultation paper issued by the Financial Services and the Treasury Bureau (“FSTB”) on the proposed scheme to enhance the preferential tax regimes for the asset and wealth management industry.

ACCA Asia Pacific Dialogue 2024

The inaugural ACCA Asia Pacific Dialogue, held in Hanoi, Vietnam, on 28-29 May 2024, brought together over 700 attendees from 15 countries and 18 sectors to address the critical issues shaping the future of the region.

Welsh Budget 2024 – an overview

A summary of the main points announced on 10 December

New partner for ACCA PII scheme

Lockton has approved Allianz Insurance plc as ACCA’s new scheme insurer

Consultation: IASB/ED/2024/6 Climate-related and Other Uncertainties in the Financial Statements

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Climate-related and Other Uncertainties in the Financial Statements. Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

Consultation: Invest 2035: The UK's Modern Industrial Strategy

ACCA is supportive of what Government is seeking to achieve through the industrial strategy and look forward to reviewing the developed plans as they become available.

Consultation: IASB's survey on accounting for intangibles

ACCA welcomes the opportunity to provide views in response to the IASB’s invitation to take part in its short survey on the requirements for reporting on intangibles in financial statements.

Professional indemnity insurance retroactive dates

How to check you’re covered

Consultation: Roadmap Report for Adoption of IFRS Sustainability Disclosure Standards in Kenya

ACCA is pleased to receive this opportunity to provide its views in response to ICPAK’s request for comments on the Roadmap for Adoption of IFRS Sustainability Disclosure Standards in Kenya. We commend ICPAK for its initiative in committing to adopt the standards. This consultation response further highlights ACCA’s commitment to supporting ICPAK in implementing sustainability standards in Kenya.

Changes for tax advisers on the horizon

Further plans announced to clamp down on tax fraud in the autumn Budget 2024

A new approach for R&D investment

Introducing the new RDEC scheme

Corporate tax roadmap

Confirmation of the major features of the corporation tax regime for the duration of this parliament

Business rates in England

The government plans lower business rates multipliers for retail, hospitality and leisure businesses

NIC and Employment Allowance changes

Employer NIC rising to 15% and Employment Allowance increasing to £10,500

Capital gains tax changes

A summary of the key changes, including new rates from October 2024, April 2025 and April 2026

Inheritance tax and associated reliefs

Major announcements around IHT thresholds, agricultural and business reliefs and unused pension funds and death benefits

Investors’ relief lifetime limit reduced

Lifetime limit slashed from £10m to £1m

Businesses in Wales will feel impact of increases

Workers will welcome the decision not to increase fuel duty

Scotland's small businesses will feel pressure of tax changes

Multiple small tax changes announced at today’s Autumn Budget will create complexity for accountants and businesses

Budget offers mixed blessings for businesses

The Chancellor announces large increases in taxes, spending and borrowing

Non-dom tax regime abolished

Status to disappear from April 2025, replaced by a new residence-based regime

NIC – how much will the Budget cost me?

Worked examples of how a small business with 12 employees might see NIC costs increase by over £5,000

Key updates on capital allowances

Full expensing and other core features maintained

Stamp duty land tax changes

Higher rates announced for additional dwellings and companies

Furnished holiday lettings tax regime abolished from 1 April 2025

Labour to pursue previous government's policy

Budget impact on property and landlords

Measures focus on building and facilitating affordable and social housing in England

Consultation: IASB’s ED Amendments to IFRS 19

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures. Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

Consultation: IASB’s ED Translation to a Hyperinflationary Presentation Currency

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Translation to a Hyperinflationary Presentation Currency. Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

Technical factsheet: Lease accounting under FRS 102

This technical factsheet examines the new lease accounting treatments in FRS 102 (September 2024)

Consultation: Exposure draft Standards for Labor Set 1

ACCA welcomes the opportunity to provide views in response to the exposure drafts for the first phase ‘Employment practices and conditions’ of the GRI Topic Standards Project for Labor comprising the Employment (EMPL) exposure draft, Remuneration and Working Time (REWO) exposure draft, Significant Changes for Workers (SICH) exposure draft, and Control of Work Standard Interpretation to GRI 2 exposure draft.

Technical factsheet: Conversion from cash to accruals accounting for charities: the key considerations for charity trustees and those helping them make the switch

Our new factsheet explains what the switch to accruals accounting involves to help trustees make the choice

Consultation: EU's targeted consultation on AI in the financial sector

ACCA welcomes the opportunity to respond to this consultation. Our overall response to this consultation is informed by the fact that we are public interest body in the education sector with members and students in accountancy and finance.

IFRS 18 Presentation and Disclosure in Financial Statements

ACCA welcomes the opportunity to respond to The UK Endorsement Board's public consultation on IFRS 18 Presentation and Disclosure in Financial Statements. ACCA's work in influencing relevant policy and regulation and our qualification and education products are developed to equip our members and future members.

Ireland's consultation on the European Union’s Traineeships Directive

ACCA welcomes the European Union’s Traineeships Directive as a significant initiative aimed at enhancing the working conditions of trainees and preventing the misuse of traineeships as substitutes for regular employment. Recognizing the vital role that traineeships play in developing accounting and finance professionals, we support this directive as a positive step toward fostering a skilled and motivated workforce across Ireland and the broader European Union.

Going into Practice in Ireland

A resource guide for ACCA members planning on going into practice in Ireland, covering general and audit practices, sustainability assurance licencing, PIE audits, sources of information and practice monitoring.

Consultation: IoD Code of Conduct for Directors

ACCA welcomes the opportunity to respond to this consultation on the Code of Conduct for Directors, developed for the IoD by a Commission chaired by Lord McNicol of West Kilbride. While we believe this Code of Conduct could be an effective tool to help directors make better decisions, in this response we provide suggestions for making it more practical.

Risk considerations for research and development work

How should you respond to increased responsibilities around clients undertaking R&D work?

ACCA response to IFAC Exposure Draft on IES 6

ACCA responds to IFAC Exposure Draft - Proposed Revisions to IES 6 - Initial Professional Development, Assessment of Professional Competence

ACCA response to IFAC Exposure Draft on IES 2, 3 and 4

ACCA responds to IFAC Exposure Draft - Proposed Revisions to IES 2, 3 and 4 - Sustainability

Review of Charity Regulation in Scotland

ACCA responds to the Review of Charity Regulation in Scotland

Consultation: AI Cyber Security Code of Practice

ACCA welcomes the opportunity to comment on the open call for evidence issued by DSIT, UK. We support the importance and need for a trusted1 eco-system for AI and commend this initiative particularly given the rapid developments in AI globally, and the heightened cybersecurity considerations linked to this.

IASB ED/2024/3 Contracts for Renewable Electricity

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Contracts for Renewable Electricity. Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

Consultation: Draft CEAOB non-binding guidelines on limited assurance on sustainability reporting

ACCA commends the CEAOB for issuing the draft non-binding guidelines and welcomes the opportunity to provide our comments.

Public consultation on Member State Option to introduce Independent Assurance Services Provider (IASP)

ACCA supports the proposal that Ireland facilitates the licencing of Independent Sustainability Assurance Services Provider (ISASP). However, we emphasise that the education and ethical requirements, accreditation, regulation and monitoring of ISASPs must be aligned to those required for statutory auditors who are licenced as SASPs.

Exposure Draft: Addendum to Third edition of IFRS for SMEs Accounting Standard

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Addendum to Third Edition of IFRS for SMEs Accounting Standard that aims to amend Section 7 and Section 30 of the IFRS for SMEs Accounting Standard (the ‘Standard’). Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

IASB ED/2024/1 Business Combinations – Disclosures, Goodwill and Impairment

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Business Combinations – Disclosures, Goodwill and Impairment that aims to provide better information about the performance of business combinations and to improve the approach for testing cash-generating units (CGUs) containing goodwill for impairment. Our response has been developed with the assistance of ACCA’s Global Forum for Corporate Reporting.

Consultation: Public Consultation on Sustainability Disclosures (IFRS S2 ISSB)

ACCA welcomes the opportunity to respond to the CVM’s public consultation on Minuta Pronunciamento Técnico from the Comitê de Brasileiro de Pronunciamentos de Sustentabilidade (CBPS) nº 01 and nº 02 regarding climate-related disclosures based on the International Sustainability Standards Board (ISSB) IFRS S1 and S2, respectively. ACCA has consistently advocated for a global approach to the development of sustainability disclosure standards. We fully support the role of the International Sustainability Standards Board in setting a consistent and comparable global baseline for sustainability reporting around the world.

How to navigate cyber risks

Mitigate the risks of a serious cyberattack on your practice

Consultation: Non Financial Reporting review: simpler corporate reporting

ACCA welcomes the opportunity to respond to the UK Department for Business and Trade call for evidence titled: Non-financial reporting review: simpler corporate reporting

Consultation: Technical standards on the Euopean Green Bond Regulation

ACCA and CISI, appreciate the opportunity to contribute to European Securities and Markets Authority’s Draft Regulatory Technical Standards related to the registration and supervision of external reviewers under the EU Green Bond Regulation. As stakeholders with a global membership including across the EU, we recognise the critical role green bonds play in financing assets for the low-carbon transition. We commend the ESMA’s aim to standardise registration requirements and contribute to developing a level playing field through lower entry costs for applicants. We look forward to further engagement and collaboration with stakeholders to refine and implement these regulations effectively.

ACCA: Priorities for the EU 2024 – 2029

ACCA is pleased to present its policy recommendations for the EU 2024 – 2029 on Sustainability, AI and Talent

Consultation: Canadian Sustainability Disclosure Standards

ACCA welcomes the opportunity to respond to the CSSB’s Canadian Consultation on Adoption of CSDS 1 and CSDS 2 based on IFRS S1 and IFRS S2.

Consultation: Improving the effectiveness of the Money Laundering Regulations

ACCA is a Professional Body Supervisor (PBS) for anti-money laundering (AML) in the UK. We welcome the opportunity to provide views on the government’s proposals to improve the effectiveness of the Money Laundering Regulations (MLRs).

Annual FARSIG symposium

The FARSIG symposium provides a forum for academic, practitioner and policy-orientated debate. ACCA has hosted the symposium and published the resulting symposium discussion paper since 2007.

Accounting for a better world: An ACCA policy prospectus for the UK

ACCA lays out a plan for a thriving economy: a sustainable and just transition, and a framework for growth

Why it’s time to check your FGI cover

Be aware of the requirements for fidelity guarantee insurance

Consultation: Chartered IIA Internal Audit Code of Practice draft

ACCA welcomes the IIA’s Proposed Global Internal Audit Standards and commends the IIA for moving forward with the revisions. We are very pleased that the IIA’s revisions also aim to enhance the Internal Audit profession’s role in the public interest.

Consultation: HMRC call for evidence on Raising standards in the tax advice market

ACCA welcomes the opportunity to respond to the HMRC call for evidence on Raising standards in the tax advice market: strengthening the regulatory framework and improving registration.

Consultation: Exposure Draft on International Ethics Standards for Sustainability Assurance

ACCA welcomes the opportunity to respond to IESBA's Exposure Draft on International Ethics Standards for Sustainability Assurance

Consultation: Voluntary ESRS for non-listed Small And Medium Sized Enterprises

ACCA welcomes the opportunity to comment on the draft Voluntary ESTS for Non-Listed Small and Medium Sized Enterprises (VSME). We have also fed into the responses submitted by EFAA and Accountancy Europe and agree with the stances taken; this written submission sets out ACCA’s position on the standard, given our other joint submissions.

Consultation: HMRC calls for evidence on the Tax Administration Framework Review

ACCA welcomes the opportunity to respond to the HMRC calls for evidence on the Tax Administration Framework Review: enquiry and assessment powers, penalties, safeguards

Consultation: Whole of Government Accounts 2021-22

ACCA welcomes the opportunity to respond to the Call for Evidence on the Whole of Government Accounts 2021-22 (WGA).

Consultation: Exposure Draft on Using the Work of an External Expert

ACCA welcomes the opportunity to respond to IESBA's Exposure Draft on Using the Work of an External Expert

PII considerations when buying or selling a practice

Top tips to ensure you aren’t caught out

Consultation: Proposal to adopt a sustainability assurance standard in Ireland

ACCA welcomes the opportunity to respond to IAASA’s public consultation on the Proposal to Adopt a Sustainability Assurance Standard in Ireland.

Consultation: Code of Practice on Local Authority Financial Reporting in the United Kingdom

ACCA welcomes the opportunity to respond to the CIPFA/LASAAC Local Authority Code Board public consultation on short term England-only measures to aid the recovery of local authority reporting and audit.

Consultation: IASB/ ED/2023/5 Financial Instruments with Characteristics of Equity

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Financial Instruments with Characteristics of Equity that aims to improve the requirements for classifying financial instruments with ‘debt-like and equity‑like characteristics’ and to improve the information an entity provides on such instruments.

Automatic PI policy renewals

Lockton on the pros and cons of automatic and continuous policy renewals

Protect against cyber attacks

Scam emails and other cyber threats pose a serious risk; protect yourself now

Consultation: Malaysia's National Sustainability Reporting Framework

ACCA commends the Advisory Committee on Sustainability Reporting (ACSR) on the development of the Proposed National Sustainability Reporting Framework (NSRF) involving the adoption of International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards – specifically IFRS S1 and S2. We further commend ACSR on inviting public feedback on the proposed framework through a formal consultation process. This is critical towards fostering trust and transparency in the framework and positively shaping the journey of sustainability reporting in Malaysia.

Consultation: A world-class education system: The Advanced British Standard

ACCA welcomes the opportunity to respond to the Department of Education's consultation on The Advanced British Standard, which presents an opportunity to ensure the 16-19 education system is world leading and that every young person, regardless of their socio-economic background, location, or circumstances can reach their potential and gain both the knowledge and skills they need to thrive in a major global economy.

Consultation: Implementation of Global Minimum Tax and Hong Kong Minimum Top-up Tax

ACCA welcomes the opportunity to provide views in response to the consultation paper issued by the Financial Services and the Treasury Bureau (“FSTB”) on the proposed scheme to implement global minimum tax and Hong Kong minimum top-up tax. Our response is based on feedback from our Hong Kong Tax Committee and our wider network of international tax experts.

Consultation: Model AI Governance Framework for Generative AI

ACCA welcomes the opportunity to comment on the proposed framework issued by IMDA Singapore and Verify Foundation, Singapore. We support the importance and need for a trusted eco-system for AI and commend this initiative particularly given the rapid developments in using generative AI globally.

Consultation: Roadmap Report for Adoption of ISSB Disclosure Standards in Nigeria

ACCA welcomes the opportunity to provide views in response to the ARWG’s call for comments on the Roadmap Report for Adoption of IFRS Sustainability Disclosure Standards in Nigeria. We commend the Federal Reporting Council of Nigeria (FRCN) for being a first mover in committing to adopting the standards and leading the implementation efforts of the ARWG, wherein ACCA is represented.

Consultation on the Proposal of the New Audit Exemption Criteria for Private Companies in Malaysia

ACCA appreciates the opportunity to offer feedback on the proposed new audit exemption criteria for private firms in Malaysia, as outlined in the consultative document published by the Companies Commission of Malaysia (SSM) on 7 February 2024.

Consultation: Addressing the local audit backlog in England

ACCA welcomes the opportunity to respond to the Department for Levelling-Up Housing and Communities (DLUHC) public consultation. ACCA fully supports the proposed package of measures, appreciating that this has been a long-standing issue and DLUHC’s phased proposal seeks to address this and ensure a return to audit opinions meeting user’s needs in a timely manner.

High Income Child Benefit Charge threshold

Changes coming for parents earning £60,000 and above

CGT and UK residential property disposals

The higher rate of capital gains tax for residential property gains will be reduced

Raising standards in the tax advice market

Access to HMRC services, mandatory membership of a professional body and other options when working with HMRC

National Insurance contributions cut

As widely expected, employees and self-employed will benefit from a 2% NI cut

UK Budget – no game changer for UK economy

Read our comment

Growth Guarantee Scheme

Re-named scheme expected to support 11,000 businesses

A lack of support for skills and green policy

The Budget could have gone further to support both skills development and green policy in the UK

Furnished Holiday Lettings (FHL) tax regime abolished

The move aims to improve year-round housing stock in high-tourism areas

Consultation: FRED 85 Draft Amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle

ACCA welcomes the opportunity to comment on the Financial Reporting Council (FRC) Exposure Draft 85 Draft amendments to FRS 101 Reduced Disclosure Framework 2023/24 cycle (FRED 85).