Ethics in a Covid-19 world

This white paper – developed as part of our global focus on rethinking business for a sustainable recovery – explores what ethics now means in a Covid-19 world, looking at the key areas of challenges that organisations are experiencing.

Technical factsheet: accounting for Covid-19 grants and reliefs

This technical factsheet, which was updated in October 2020, aims to address the accounting aspects of some of the grants and reliefs made available by the government due to Covid-19

Why does sustainable business matter?

IN one of Jason Piper's Global Ethics Day 2020 articles, he examines why sustainable businesses will inevitably be at the core of recovery from the economic impact of Covid-19.

Tenets of business law: A framework for the future

In one of his Global Ethics Day 2020 articles, Jason Piper examines why business law needs to encourage ethical behaviour to help build better Covid-19 recovery.

Webinar - Small in size, big in impact: Can NFI work for SMEs?

SMEs are increasingly required to provide NFI reports, which is a heavy administrative burden, even though these are not (yet) demanded by legislation. These NFI reporting requests come from their supply chains, banks or as part of public procurement. The webinar will discuss the challenges and opportunities for SMEs and present solutions to help SMEs cope.

Technical factsheet: Fair value accounting and distributable reserves

This factsheet explores which items in a company’s balance sheet must be or may be measured at fair value and considers how changes in fair value are recognised

ACCA's response to EU Green Deal – Revision of the Energy Taxation Directive

ACCA welcomes the opportunity to provide our views to the proposed revision of the Energy Taxation Directive (ETD). We fully support the stated aims of this revision: by sending price signals, taxes are, indeed, an important lever in changing business and consumer behaviour. We particularly welcome the Commission’s intention to shift the tax burden from labour taxation to environmental taxation. ACCA believes that this holistic and system-wide policy response is key to addressing the scale of the environmental and social challenges currently facing not only EU member states, but countries around the world.

Consultation on Economic crime levy: Funding new government action to tackle money laundering

ACCA is a Professional Body Supervisor (PBS) for anti-money laundering (AML) in the UK. We welcome the opportunity to provide views on the design principles of the economic crime levy and how it could operate in practice in order to ensure that it is proportionate and effective.

EU GREEN WEEK 2020 Virtual Conference: Incorporating Nature In The Heart Of Business Decision-Making And Disclosure

ACCA, Capitals Coalition and Deloitte are delighted to invite you to their joint session on Day 3 called “Incorporating Nature In The Heart Of Business Decision-Making And Disclosure”, on 22 October, from 12.00 till 13.00h CET.

Improving financial literacy amongst Nigerian MSMEs

Nigeria has an opportunity to be the most dynamic economy in Africa. But, currently, this opportunity is significantly restricted by limited financial literacy. This report details convincing evidence of the importance of financial literacy for MSMEs (micro, small and medium-sized enterprises). Read 'Improving financial literacy amongst Nigerian MSMEs'.

Is your home office secure?

Remote working is bringing new security challenges

Linking SDGs and green inclusive recovery post COVID-19

As part of the EU Sustainable Development Week, Eva Lindström, Member of the European Court of Auditors, and ACCA are thus delighted to invite you to a lively discussion via Microsoft Teams on 7 October.

Technical factsheet: landlord reliefs and taxes

Over the past 10 years the government has attacked the buy-to-let market with a raft of new provisions designed, in part, to make this activity less attractive. This factsheet explores the reliefs and taxes affecting landlords.

Online Event - European Skills Agenda & Meaningful work for the digital professional

As part of the European Vocational Skills Week 2020, ACCA and EY are delighted to invite you to a lively discussion on European Skills Agenda & Meaningful work for the digital professional- what are the skills needed for successful green and digital transitions?

Technical factsheet: inheritance tax planning

Unlike income tax, inheritance tax is something that clients will prefer not to think about until a fairly momentous stage in their life

Stability in tax

First published in 2015, this report examines stability which, along with simplicity and certainty, is one of the cornerstones of a good tax system: but why is it important? In the face of changing economic and social demands, and not least the impact of the COVID19 pandemic, how best can change be managed?

Simplicity in tax

irst published in 2013, this report examines simplicity which, along with certainty and stability, is one of the cornerstones of a good tax system: but why is it important? How can policymakers pursue simplicity? Are there occasions when other factors might justify complexity?

Fostering Economic Recovery through Green Finance Education

On 14 October 2020 at 11.00 CET, the Green Finance Platform and the Association of Chartered Certified Accountants (ACCA) will host a webinar, “Fostering Economic Recovery through Green Finance Education” to discuss many of these issues.

Technical factsheet: corporation tax trading losses – group relief

Part 5 of Corporation Tax Act 2010 allows a company to surrender losses and other amounts

MoJ's non-contentious probate - Mandating online professional applications

ACCA’s response to the Ministry of Justice consultation on Non-Contentious Probate - Mandating online professional applications

Digitisation and the global pandemic

This report examines the impact of COVID-19 in areas that relate to the digitisation agenda of organisations.

Call for evidence: raising standards in the tax advice market

ACCA's response to HMRC call for evidence on suggestions about how to raise and maintain high standards of competence and behaviour in the tax advice market in order to protect consumers and improve compliance.

GECS monthly report

The monthly GECS is intended to give a snapshot of developments in between the main quarterly GECS. In normal circumstances the economic outlook does not change dramatically from one month to the next..

ACCA's response to HMRC Charter consultation

ACCA's response to HMRC Charter consultation. The Charter sets the standard for interactions between HMRC and its customers. We’ve made a number of points including improving customer trust, frameworks for resolving disputes and expertise and training of HMRC staff.

Don’t run off without run-off insurance

Professional indemnity cover for the period after a practitioner ceases to practise is becoming harder to find

Professional indemnity insurance: market update

In a volatile landscape, early renewal has never been more important

FCA's CP20/7: Quarterly Consultation Paper No 28

ACCA's response to FCA consultation on the OPBAS Sourcebook, Bounce Back Loan Scheme and a rule clarification to confirm the ability of the FSCS to declare in default firms and successors subject to the proposed new moratorium under the Insolvency Act 1986.

Returners resources

Access a range of resources for an accountant to reskill prior to returning to work after a career or family break

Technology in small practice

Access a range of technology suppliers providing practice automation software and applications suitable for an Irish Small or Medium Sized Practices

Organisational culture in a remote world

A shared set of beliefs and behaviours has never been more important – Clive Webb sets out how to best manage culture remotely

Technical factsheet: suspicious activity reports (SARs)

A suspicious activity report (SAR) is a way of notifying law enforcement about a client or behaviour that appears to be suspicious and potentially related to money laundering or the financing of terrorist activities.

How to get remote onboarding right

With new starters beginning a job while still working remotely, ACCA’s Clive Webb offers advice on how to onboard successfully during the pandemic

ACCA's anti-money laundering review process

Our members play a vital role in the fight against money laundering and terrorist financing

Technical factsheet: ACCA anti-money laundering (AML) monitoring review process

The ACCA monitoring review arrangements are designed to protect the public interest by ensuring ACCA-supervised firms are putting the right systems and controls in place to comply with money laundering regulations.

Technical factsheet: client due diligence

Client due diligence (CDD) is an important measure available to accountants to prevent money laundering and avoid their practices being used by criminals to launder the proceeds of crime.

Technical factsheet: identifying client risk

Client risk is the money laundering and terrorist financing and other financial crime risk potentially posed by a client – to which your firm may be exposed to.

ACCA client risk-assessment tool and know-your-client form

This Excel document provides a basic know-your-customer form and client risk-assessment template that can be used as a starting point.

Secrets of good remote management

Managing staff remotely needs trust, clear expectations and effective learning and development

Technical factsheet: treatment of benefits in kind – P11D guidance

There are special rules relating to certain kinds of benefit. However, in the absence of specific rules, the methods ‘cost to the employer’ and ‘money’s worth’ can be used to calculate the taxable value of benefit in kind.

The importance of letters of engagement

Make sure you include key considerations when drawing up a letter

The Review of Non-Financial Reporting Directive

ACCA's reponse to a public consultation on the European Commission's review of the Non-financial Reporting Directive

IESBA Proposed Revisions to the Non-Assurance Services (NAS) Provisions of the Code

ACCA and CA ANZ joint response on the proposals to revise the non-assurance services (NAS) provisions of the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code).

IESBA Proposed Revisions to the Fees-Related Provisions of the Code

ACCA and CA ANZ joint response to IESBA's Exposure Draft aimed at strengthening the fee-related independence provisions of the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code).

Integrated reporting key to tackling future risks

ACCA report urges companies to promote resource efficiency and value creation as they face Covid-19 recession

Professional Services, Progression Pathways (Singapore)

This report aims to present the implications on possible approaches that SMPs can take to meet these changing demands and move up the value chain via two key pathways – business diversification and technology adoption.

FCA regulated fees and levies: Rates proposals 2020/21 (CP20/6)

ACCA response to FCA consultation on regulated fees and levies rate proposals for 2020/21

Technical factsheet: Engagement letters for practitioners – accounts production

Engagement letters for practitioners – accounts production, issued in May 2020, provides engagement letters, guidance notes to the appendices, covering letter, privacy notice, schedules of services, standard terms and conditions of business and disengagement letter wording.

Managing cashflow in a crisis

In the second part of a two-part series, ACCA’s Clive Webb looks at how organisations must manage their cashflow to maintain liquidity and survive the covid-19 crisis

Covid-19 and client due diligence

CCAB has released supplementary AML guidance for urgent work undertaken during the pandemic

Malaysia Business Outlook 2020

A report jointly commissioned by the MIA (Malaysian Institute of Accountants) and ACCA (Association of Chartered Certified Accountants) to provide insights into the collective viewpoints of accounting and finance professionals, with regards to the business outlook for Malaysia in 2020 and in the medium term.