Public Trust in Tax, how to enhance the effectiveness, sustainability and fairness of global tax systems?

Joint IFAC-ACCA-CAANZ event, in collaboration with the OECD: Public Trust in Tax, how to enhance the effectiveness, sustainability and fairness of global tax systems?

Technical factsheet: shareholders’ agreements

Having a shareholders' agreement often turns out to be invaluable in dealing with any disputes or unexpected events

Consultation: basis period reform

ACCA responded to HMRC's call for evidence, expressing disappointment that HMRC has chosen to give businesses just six weeks to respond to proposals with far-reaching effects on the self-employed

OECD Working Group on Bribery: Invitation to provide input on the draft Anti-Bribery Recommendation

ACCA's response to the OECD Working Group on Bribery's invitation to provide input on the draft Anti-Bribery Recommendation

Fraud and the impact of Covid-19

In the wake of the pandemic, it is vital for businesses to maintain vigorous prevention procedures

Technical factsheet: LIBOR transition – SME frequently asked questions

This factsheet covers all the main information needed to prepare for the transition away from LIBOR, and provides links to the documents and websites that offer more detail.

ACCA's response to targeted amendments to the IFRS Foundation Constitution

ACCA welcomes the opportunity to provide views in response to the IFRS Foundation’s Exposure Draft, ‘Proposed targeted amendments to the IFRS Foundation to accommodate an International Sustainability Standards Board to set IFRS Sustainability Standards.’

Coding: as a professional accountant, why you should be interested

Coding refers to creating rules-based instructions that can be understood by a software program. In 57% of respondents had no knowledge of coding, but 40% expressed an interest in learning, based on an ACCA survey of 992 members in November 2020. Three years on, none of the respondents want to remain without any knowledge of coding.

Technical factsheet: partnership law and practice

This factsheet emphasises the importance of putting a partnership agreement in place for partners and advisers

Consultation: creating a 21st-century tax system

Read ACCA's response to HMRC

Consultation: timely payments

Read ACCA's submission to HMRC

Help for SMEs before LIBOR deadline

UK Finance provides more support resources for small and medium sized businesses for a smooth transition to alternative and more robust rates

ACCA's response to BEIS consultation - Restoring trust in Audit and Corporate Governance

ACCA welcomes the consultation on the Government’s proposals for restoring trust in audit and corporate governance and its aim to improve the wider financial reporting ecosystem as a whole. It is vital that the UK economy has efficient and effective capital markets and there is confidence and trust in the corporate framework. We welcome any opportunity to be involved in the next steps and remain committed to providing our support as the Government proceeds with the implementation of its proposals.

Failed furlough claims

HMRC will only consider cases where a business has a reasonable excuse for missing the deadline

Scaling-up efforts towards Paris alignment and supporting the SDGs in the Africa-EU Strategic Partnership

This webinar – organized by the ACCA (Association of Chartered Certified Accountants), Green Finance Platform and the Pan African Federation of Accountants (PAFA) – will focus on scaling up efforts towards Paris alignment and supporting the UN Sustainable Development Goals in the Africa-EU Strategic Partnership. Agenda 2063 goals on climate resilient economies and taking responsibility for finance address this important topic, as well as how Africa sees itself engaging internationally, and its approach to development funding.

ACCA guide to... managing your cash flow

Effective cash flow management is vital to ensure that your business has the funding needed to keep trading and make the most of opportunities to grow

ACCA guide to...cash flow

Effective cash flow management is crucial to running your business

ACCA guide to... R&D expenditure credits (RDEC)

Research and development expenditure credit (RDEC) can reduce your tax bill if your company carries out qualifying research and development

ACCA guide to... research and development tax credits

Research and development tax credits can be a valuable tax break for small companies

ACCA guide to... how to improve your cash flow

This guide looks at why cash flow matters and the different ways you can improve it

ACCA guide to... research and development grants

A research and development (R&D) grant can be an important element of funding the development of an innovative new product, service or process

Raising standards in the tax market: PCRT response

Read the Professional Conduct in Relation to Taxation bodies' submission

Risk and reward: how much is too much?

Professional service firms grapple yearly with the perennial question of how much professional indemnity insurance is appropriate for their businesses

Fee disputes and speculative claims

Practice steps you can take today with clients

Joint statement on sustainable corporate governance

Joint statement on sustainable corporate governance by ACCA, Accountancy Europe, CDSB, Eurosif, Frank Bold, PGGM, Schroders, ShareAction, WFF and the World Benchmarking Alliance

Creating value managing impact through integrated sustainability disclosure event

To combat climate change and work towards the objectives of the UN SDGs and of the Paris Agreement, it is vital to establish a global approach for integrated decision-making, resource-allocation, measurement and tracking that can steer the change that is needed. Against the backdrop of Covid-19 and the changing shape of markets and global value chains, the redefinition of risks and the resilience imperative, how can we – policy makers, standards setters, framework providers, business, accountancy profession, civil society- all work together to create the required zero pollution transformation, while rebuilding our economies to support societies to thrive?

Technical factsheet: reporting grants claims under SEISS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

Market Demand for Professional Accountancy Services in the Asia-Pacific

Report findings illustrate that the demand for professional accountancy services has not decreased. In fact, it is now required even more urgently to address the challenges posed by the pandemic, as well as to harness opportunities for business growth.

Working Together for the Planet: Audit & assurance of sustainability information

ACCA, ECIIA, Deloitte and AccountancyEurope online event on audit & assurance of sustainability information

New HMRC agent service for PAYE online: liabilities and payments viewer

The replacement addresses problems experienced with Agent Online Self Serve

Corporation tax loss relief changes

Our handy comparison table explains the 2017 reforms

ACCA guide to... company cars and tax

Both employers and employees need to consider the tax implications of company cars before making decisions

ACCA guide to... common VAT problems

Problems with VAT are common, either because a business does not have the right systems in place or because of a specific complication

ACCA guide to... Making Tax Digital: how to file a VAT return

MTD is being introduced gradually – and it started in April 2019 with VAT returns

ACCA guide to... preparing your annual accounts

All companies must prepare annual accounts: for shareholders, and for returns to HMRC and Companies House

ACCA guide to... VAT accounting schemes

VAT accounting schemes can make your life easier, simplifying your VAT accounting and in some cases improving your cashflow

Changes to UK insolvency law could give businesses the breathing space they need

The moves announced by the business secretary may be the tip of the iceberg, says David Fleming FCCA of Duff and Phelps

Covid-19: a practitioner’s experience, part 2

Infinity Partnership associate director Greg Houston ACCA says quick thinking and a proactive approach have been key to helping clients

Covid-19: a practitioner’s experience, part 3

Caroline Harridence, founder of Counting Clouds Cambridgeshire, sets out how flexibility, daily catch ups and even a joke at the start of a meeting ensures her team is remote working at their best

Covid-19: a practitioner’s experience, part 1

PJCO’s Peter Jarman FCCA sets out how his firm is helping clients and staff through the Covid-19 crisis

FRC and BEIS update: company filings and AGM advice

The financial regulator and government have updated their Q&As for company AGMs as they react to the Covid-19 crisis

FRC clarifies going concern guidance

The Financial Reporting Council has clarified its guidance for auditors during the Covid-19 crisis, confirming going concern standards have not changed

Frontline charities receive £750m in government cash

Charities across the UK will receive a £750m package of support to ensure they can continue their vital work

New IFRS guidance and timetable changes released

An update on how the IFRS Foundation is responding to issues arising from the pandemic

Member update: Covid-19 policy response

ACCA is providing ongoing support for members during this challenging period

VAT on e-publications scrapped

The UK government move will slash costs of e-books, newspapers and magazines, improving accessibility, seven months ahead of planned abolition

FRC issues guidance on interims in wake of Covid-19

The Financial Reporting Council has updated its guidance for corporate reporting to now include advice on half-year results and statements

Insolvency law change delivers options for distressed businesses

The Corporate Insolvency and Governance Bill will enable companies undergoing a restructuring and rescue process to continue trading

Covid-19: any relief for landlords?

The government has issued non-statutory guidance for the private and social rented sectors

Technical factsheet: how to submit a good-quality suspicious activity report (SAR) using the NCA SARs online portal

Follow this useful guide to ensure you provide the right information to the National Crime Agency

The role of public procurement in supporting SMEs towards sustainable recovery

Online event on the role of public procurement in supporting SMEs towards sustainable recovery

Fee disputes and negligence

Inadequate letters of engagement have affected accountants and their professional indemnity insurers' ability to defend claims

Engagement letters for tax practitioners

Engagement letters for tax practitioners provide guidance about engagement letters for tax work, including VAT schedules following Brexit

Diversity, inclusion and belonging – supporting the agenda in the post-pandemic workplace

Discussion on how to address the complex issue of diversity in organisations and make sure that the COVID-19 pandemic does not widen the inequality gap in the workplace.

Accounting for Trust in Governmental Reporting

An ACCA-sponsored report written by Dr. Ekaterina Svetlova and Dr. Silvia Pazzi from the University of Leicester calls on governmental financial planners to make government reporting more accessible, engaging and technologically advanced

Technical factsheet: Treatment of off-payroll arrangements – IR35 summary

The aim of IR35 is to seek to prevent contractors avoiding tax and national insurance contributions by treating them as employees for tax purposes.

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Guide to... corporation tax reliefs and allowances

Corporation tax reliefs and allowances help you to minimise your corporation tax liability

Guide to... salary or dividends: tax calculations

We explain the basics in deciding between paying yourself salary or awarding dividends from your limited company for the tax year

Guide to... capital gains tax for individuals, sole traders and partnerships

Personal and business capital gains are treated differently, depending on whether you are self-employed (as a sole trader or in a partnership) or trade as a limited company

Guide to... chargeable gains for companies

Capital gains for limited companies and unincorporated associations (eg clubs and co-operatives) are dealt with through corporation tax and are referred to as chargeable gains

ACCA's response to the EC's consultation on Sustainable Corporate Governance

ACCA welcomes the opportunity to contribute to the EC consultation on a Proposal for an Initiative on Sustainable Corporate Governance, and foremost agrees that sustainability needs to be further embedded into corporate governance frameworks. Covid-19 has forced companies to re-think their purpose and strategy for the long-term and now is a better time than ever to introduce more effective measures to make sure this happens, otherwise businesses will not be able to survive, thrive and make better impacts on people, the environment and society at large. As we have noted before, sustainable corporate governance is not only about compliance it is also about creating value and building a viable recovery.

FRC's Discussion Paper - Future of Corporate Reporting

ACCA welcomes the opportunity to provide views in response to the Financial Reporting Council’s discussion paper, A Matter of Principles: The Future of Corporate Reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

Interim guidance on the CJRS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

ACCA guide to... apprenticeship funding

Apprenticeships are a highly cost-effective way for employers to recruit and develop ambitious new talent to help realise business ambitions

Technical factsheet: apprenticeships in the finance function

Apprenticeships are a highly cost-effective way for you to recruit and develop ambitious new talent to help you

FRC Proposed International Standard on Auditing (UK) 240 (Revised 2021)

ACCA welcomes the proposed International Standard on Auditing (UK) 240 (Revised 2021), The Auditor’s responsibilities Relating to Fraud in Audit of Financial Statements, as part of the FRC’s response to the concerns regarding the lack of clarity in the standard as to the auditor’s obligations raised particularly in the Brydon’s report.

Consultation response on Draft Endorsement Advice on IFRS 17 Insurance Contracts - June 2020 Amendments

ACCA's response to EFRAG's consultation on Draft Endorsement Advice on IFRS 17 Insurance Contracts as resulting from June 2020 Amendments

Effective engagement letters

A robust document will help protect your practice from legal action as well as delivering business benefits

Isle of Man Financial Services Authority Discussion Paper - Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

ACCA’s response to the Isle of Man Financial Services Authority discussion paper on Funding Financial Regulation and Designated Business Oversight - DP20-01/T14