2010

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.

Tips for homeworking

As an increasing number of companies shut their doors to keep staff as safe as possible, many office-based employees are finding themselves joining the homeworking club

Joint submission by ACCA and CA ANZ on Proposed Revision to the Code Addressing the Objectivity of Engagement Quality Reviewers

Joint submission by Chartered Accountants Australia and New Zealand and the Association of Chartered Certified Accountants to an exposure draft issued for public consultation by the International Ethics Standards Board for Accountants (IESBA)

Budget 2020

ACCA has a host of webinars and support available to help you and your practice understand Budget 2020

Anti-money laundering firm-wide risk assessment

ACCA has created a template with some hints and tips to aid members and their clients in completing a firm-wide risk assessment.

Technical factsheet: anti-money laundering (AML) policy and procedures

This factsheet will help shape your firm’s AML policy and procedures. You must consider the Money Laundering Regulations 2017 (MLR 2017) and the CCAB’s Anti-Money Laundering Guidance for the Accountancy Sector.

Anti-money laundering training: PowerPoint example

This PowerPoint presentation can be adapted to suit the training requirements of your practice.

Technical factsheet: the money-laundering reporting officer

The Proceeds of Crime Act 2002 (POCA) requires the appointment of a “nominated officer” to ensure that information leading to knowledge or suspicion of money laundering is disclosed appropriately to the authorities.

Anti-money laundering (AML) training: frequently asked questions

Staff training and awareness-raising are a key part of combating money laundering

Becoming an expert determiner: the requirements

Parties to a dispute may opt for a less formal approach

Do you have what it takes to be an expert witness?

The role of an expert witness is extremely challenging but also very rewarding

Expert witness training

Establishing yourself formally as an expert will allow you to differentiate yourself in both practice and industry

Understanding the role of the expert witness

In order to undertake the role, it is important to understand where your responsibilities lie in order to comply with the law

The dangers of dabbling

Offering services you may not be equipped to provide could have implications for your insurance premium

Brexit

As the UK enters a transition period, follow ACCA’s views, opinions and guidance on Brexit developments.

Frequently asked questions on residential buy to let property

Our handy guide will keep you informed on BTL taxation rules

Changes from the Fifth Money Laundering Directive

A number of changes have been enacted by UK legislation to reflect the EU's Fifth Money Laundering Directive