ICAEW - News

One step closer to a world of opportunities

Fri, 25 Apr 2008 17:30:26 GMT

Nearly 2,000 students of the Institute of Chartered Accountants in England and Wales (ICAEW) sat their Professional Stage exams in March – the biggest ever March entry. Today more than 81% of them celebrate taking another step towards obtaining the widely respected Associate Chartered Accountant (ACA) qualification.

April brings shower of changes for private companies

Wed, 26 Mar 2008 15:45:13 GMT

Small companies are faced with a shower of changes taking place at the start of April as part of the on-going implementation of the new Companies Act, say the Institute of Chartered Accountants in England and Wales (ICAEW).

ICAEW calls on Darling to help UK enterprise in forthcoming budget

Wed, 05 Mar 2008 15:42:35 GMT

The ICAEW has called on Alistair Darling to announce a budget that delivers certainty, clarity and fairness in the tax system to ensure the long term international competitiveness of the UK economy

Gerald Russell elected as next ICAEW Vice President

Wed, 13 Feb 2008 09:26:22 GMT

Gerald Russell, Chairman of the Audit Quality Forum, has been elected as the next Vice President of the ICAEW.

ICAEW urges use of new IVA protocol

Wed, 30 Jan 2008 11:11:21 GMT

The ICAEW has urged the insolvency profession and creditors to get behind the new protocol for Individual Voluntary Arrangements (IVA).

ACA Professional Stage Exam Results published

Mon, 28 Jan 2008 09:52:23 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) has published the results of the professional stage exams of its ACA qualification.

ICAEW responds to interim report of the Poynter Review

Tue, 18 Dec 2007 12:18:09 GMT

ICAEW CEO comments on the publication of the interim report of the Poynter Review

ACA brings a range of skills for a career in business

Tue, 18 Dec 2007 12:16:13 GMT

The ICAEW today announced the results of the latest Advanced Stage exams of the ACA qualification

27 November 2007 - Survey of ACAs reveals leadership and commercial skills at the core of FD’s role

Tue, 27 Nov 2007 14:42:52 GMT

A survey by the ICAEW and Robert Half Finance & Accounting, has highlighted the range of skills ACAs bring to businesses. The findings also benchmark the various competencies needed by ACAs at key stages of their careers.

22 November 2007 - Businesses need help to operate globally say ICAEW

Thu, 22 Nov 2007 10:50:54 GMT

Companies in the UK are continuing to embrace globalisation but smaller businesses need help from government in order to compete in the global marketplace, says the ICAEW

31 October 2007 - ICAEW launches new group in response to increasing demand for non executive directors

Wed, 31 Oct 2007 16:27:54 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) has launched a new special interest group to support non-executive directors.

24 October - ICAEW calls for government to delay start date of CGT reforms

Thu, 25 Oct 2007 08:39:57 GMT

The ICAEW has put forward practical recommendations to help alleviate the impact of the proposed changes to the capital gains tax system

24 October 2007 - Regulation continues to hold back growth of UK businesses

Thu, 25 Oct 2007 08:38:36 GMT

UK businesses feel that the regulatory burden continues to get heavier, although not at the rate that has been seen in the recent past, according to research from the ICAEW

23 October 2007 - Leading global accountancy qualification launched in the Gulf

Tue, 23 Oct 2007 12:22:32 GMT

The Institute of Chartered Accountants in England & Wales (ICAEW) has today announced the launch of the internationally recognised Associate Chartered Accountant (ACA) qualification in the Gulf. The launch comes at an important time for the region which is experiencing rapid growth as a global financial centre.

16 October 2007 - VAT and Intra-Community Trade

Tue, 16 Oct 2007 09:57:56 GMT

HMRC guidance following the Teleos decision

16 October 2007 - VAT and Intra-Community Trade

Tue, 16 Oct 2007 09:57:56 GMT

HMRC guidance following the Teleos decision

9 October - PBR: SA payments on account

Tue, 09 Oct 2007 17:44:12 GMT

Threshold doubled to £1,000

9 October - Chancellor needs to show that pre-budget report isn’t empty rhetoric

Tue, 09 Oct 2007 17:43:16 GMT

The ICAEW has said that the Chancellor needs to show that the spirit of his first pre-budget report and comprehensive spending review translates into actions not just words

9 October 2007 - ICAEW and CICPA joint project set up

Tue, 09 Oct 2007 09:05:57 GMT

The Institute of Chartered Accountants in England & Wales (ICAEW) and the Chinese Institute of Certified Public Accountants (CICPA) have reached an agreement to facilitate and promote co-operation between the accounting profession in both countries.

21 August - ICAEW simplifies annual return for member firms

Tue, 21 Aug 2007 13:23:49 GMT

The Quality Assurance Department (QAD) of the Institute of Chartered Accountants in England and

Wales

has revised the annual return following feedback from members.

ICAEW congratulates prize-winning authors on “unique” audit book

Fri, 10 Aug 2007 17:42:16 GMT

Institute of Chartered Accountants in England & Wales congratulate the authors of a ground-breaking book on auditing

BCM Q3 2007 Results

Fri, 10 Aug 2007 17:40:42 GMT

Loss of Business confidence in the capital early warning of tighter financial conditions to come

16 July - Summer work for students need not be taxing

Mon, 16 Jul 2007 08:42:42 GMT

The ICAEW is reminding students who work during the holiday period to take home as much hard-earned cash as possible by arranging to have their wages paid without any tax deducted.

16 July - Small business holiday helpful hints from the ICAEW

Mon, 16 Jul 2007 08:40:57 GMT

With the holiday season almost here, the ICAEW has provided small and medium sized businesses (SMEs) with some helpful tips on how to cope while staff are away, especially in the finance department.

11 July - ICAEW welcomes indications that APB Ethical Standards will not be subject to major revision

Wed, 11 Jul 2007 10:02:07 GMT

The Institute welcomes APB chairman's comments in a recent press release

04 July 2007 Renew your claim to keep credits coming

Wed, 04 Jul 2007 12:58:48 GMT

If you receive tax credits from HMRC, you must renew your claim now

21 June 2007 - ACAs in business attract average salary of nearly 80k

Thu, 21 Jun 2007 09:41:06 GMT

The high demand for the skills of chartered accountants means that the average salary for those working in business is nearly £80k

18 June 2007 - ICAEW calls for accountancy to be included in Financial Services Skills Council

Mon, 18 Jun 2007 14:59:35 GMT

The ICAEW has called on Government to include accountancy in the footprint of the Financial Services Skills Council. Currently accountancy is not within the remit of the Council, which aims to ensure that vocational training is employer led.

7 June 2007 - ICAEW recognises members commitment to charitable work

Thu, 07 Jun 2007 10:10:18 GMT

The ICAEW recognises the work of chartered accountants across the voluntary and charitable sectors.

5 June 2007 - Results of Annual General Meeting votes

Tue, 05 Jun 2007 13:01:01 GMT

Members of the Institute of Chartered Accountants in England & Wales have supported all the resolutions proposed at this year’s annual general meeting

5 June 2007 - ICAEW consults on practising certificates

Tue, 05 Jun 2007 08:26:05 GMT

The ICAEW is inviting members to take part in its consultation on the practising certificate (PC) arrangements

Smith and Wormsley win Awards from Largest Community of Corporate Financiers

Fri, 25 May 2007 11:39:13 GMT

Kevin Smith, Managing Director and Head of UK M&A at Merrill Lynch and David Wormsley, Head of UK Investment Banking at Citi are awarded at the 10th Anniversary Dinner and Awards ceremony of the ICAEW’s Corporate Finance Faculty

18 May - Business should take the lead on the ‘green’ agenda says ICAEW

Wed, 23 May 2007 06:21:18 GMT

In his first major international speech, Michael Izza, Chief Executive of the ICAEW, has called on business to take the lead in developing and implementing sustainable environmental practices, in partnership with governments and policy makers

14 May 2007 - UK business confidence at highest level for three years, says ICAEW/Orange survey

Mon, 14 May 2007 04:12:22 GMT

Finance professionals working at the heart of UK businesses are at their most confident in three years, according to the latest quarterly economic survey from the ICAEW and Orange UK

10 May 2007 - ICAEW to open disciplinary tribunals to the public

Thu, 10 May 2007 04:55:30 GMT

The ICAEW's disciplinary hearings will be conducted in public from 1 January 2008

4 May 2007 - Institute provides initial response to interim report on “Choice in the UK Audit Market”

Fri, 04 May 2007 10:05:19 GMT

ICAEW Chief Executive, Michael Izza, comments on the publication of the interim report of the Market Participants Group (MPG) on Choice in the UK Audit Market

4 May 2007 - Inspiring Business Confidence

Fri, 04 May 2007 09:12:33 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) has published its annual review of 2006, a year which has seen the organisation significantly increase its international reach while making good progress with its strategy on wider fronts.

4 May 2007 - ICAEW and the ACT announce exemption agreement

Fri, 04 May 2007 09:10:10 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Corporate Treasurers (ACT) have agreed an exemption which enables ICAEW members to be fast tracked into ACT membership.

27 April 2007 - ICAEW recognises excellence amongst finance professionals

Fri, 27 Apr 2007 12:20:40 GMT

Finance professionals at different stages of their careers today celebrate exam success

26 April - ICAEW's licensing role maintains confidence in insolvency practitioners

Thu, 26 Apr 2007 11:52:11 GMT

As the largest licensing body for insolvency practitioners in the UK, the ICAEW today published its report to the Insolvency Service of the Department of Trade and Industry (DTI)

23 April - ICAEW advises careful consideration of offshore disclosure facility

Wed, 25 Apr 2007 05:49:40 GMT

The ICAEW has advised those with offshore accounts to consider their options carefully following H M Revenue & Customs announcement of an offshore disclosure facility

5 April - ICAEW disciplinary proceedings

Fri, 13 Apr 2007 07:14:57 GMT

ICAEW disciplinary tribunal concerning a formal complaint against Christopher Davies of 34 Sorral Close, Featherstone, Wolverhampton

30 March - ICAEW and Universiti Malaya

Fri, 13 Apr 2007 07:13:50 GMT

The ICAEW and Universiti Malaya have signed a memorandum of understanding to help accelerate the development of the accountancy profession in Malaysia

30 March - ICAEW broadens its activities with valuation group to support members

Fri, 13 Apr 2007 07:12:17 GMT

A new group that will support chartered accountants meet their professional obligations when it comes to valuation is being created by the ICAEW

28 March - The Dragon’s Challenge

Wed, 28 Mar 2007 06:00:46 GMT

ICAEW sets out Welsh Assembly Government priorities

21 March - ICAEW responds to the chancellor’s eleventh budget

Wed, 21 Mar 2007 10:58:36 GMT

The ICAEW, whilst welcoming a future cut in corporation tax, has warned that the other measures announced in today’s budget could cause more confusion, particularly for small businesses

9 March - Tata Group and ICAEW offer the ACA in India

Fri, 09 Mar 2007 06:54:06 GMT

The ICAEW is to deliver its ACA qualification in India for the first time

9 March 2007 - Online filing - substitutes and errors

Fri, 09 Mar 2007 06:43:14 GMT

The Working Together E Group survey demonstrated that members were overwhelmingly opposed to the withdrawal of substitute tax returns in 2008

8 March 2007 - ICAEW President warns against more rules and regulations for accountancy profession

Thu, 08 Mar 2007 10:54:54 GMT

Richard Dyson, president of the Institute of Chartered Accountants in England and Wales, has urged governments, regulators, standard setters and other bodies, to work together to cut down the number of initiatives that impact on the accountancy profession and to think carefully about the consequences of more rules and regulations.

8 March 2007 - Costs of new CIS scheme are underestimated say ICAEW

Thu, 08 Mar 2007 09:16:37 GMT

The costs of a new tax compliance scheme, designed by HMRC specifically for firms involved in construction, have been vastly underestimated according to the Institute of Chartered Accountants in England & Wales (ICAEW)

8 March 2007 - ICAEW calls for Chancellor to act now for UK business

Thu, 08 Mar 2007 05:49:23 GMT

As part of its 2007 Budget submission, the ICAEW has called for a greater sense of urgency in government when dealing with UK business needs

28 February - Institute welcomes new members who have joined through Pathways

Wed, 28 Feb 2007 06:42:14 GMT

The names of the first applicants to qualify for membership of the ICAEW under its Pathways to membership programme have been published

22 February - Penalties for those who miss tax deadline

Thu, 22 Feb 2007 11:17:06 GMT

Self-assessment taxpayers who have not yet paid all the tax due for the 2005-2006 tax year should be aware that they will incur cumulative penalties the longer payment is delayed

14 February - SME guru wins 2007 accounting award

Wed, 14 Feb 2007 11:50:07 GMT

Business consultant and better regulation guru, Teresa Graham OBE has been awarded the ICAEW 2007 Outstanding Achievement award

12 February - Fall in business confidence suggests economic growth has peaked

Mon, 12 Feb 2007 07:29:25 GMT

ICAEW urges government to contain public spending as consumer dependent sectors turn pessimistic

1 February - Audit Quality Forum calls for audits to be more open

Fri, 02 Feb 2007 05:03:53 GMT

The AQF has published a new paper: Fundamentals - Auditor reporting

29 January - ICAEW announce results of largest exam sitting in 25 years

Mon, 29 Jan 2007 12:36:53 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) has announced the results of the latest sitting of the ACA Professional Stage examinations

29 January - ICAEW launches scheme to help small business

Mon, 29 Jan 2007 12:26:16 GMT

SMEs will be able to get the expert finance advice they need with the launch of a new scheme by the ICAEW

22 January 2007 - ICAEW Executive Director, Finance & Operations appointed

Mon, 22 Jan 2007 11:28:08 GMT

Robin Fieth has been appointed to the newly created position of Executive Director, Finance & Operations at the Institute of Chartered Accountants in England & Wales (ICAEW).

18 January - ICAEW responds to launch of European Commission consultation on auditor liability

Thu, 18 Jan 2007 12:25:45 GMT

The Institute believes that auditor liability needs to be limited across all member states within the European Union

17 January - How best to tackle that tax return as self assessment deadline looms

Wed, 17 Jan 2007 11:25:50 GMT

12 January - ICAEW president praises 'shared vision' of UK and Indian accounting bodies

Fri, 12 Jan 2007 10:41:56 GMT

Richard Dyson makes comments before attending a Confederation of Indian Industries conference in Chennai

11 January - IVAs - ICAEW clarifies the confusion for consumers

Thu, 11 Jan 2007 06:17:05 GMT

The ICAEW has published a new pamphlet, 'the role of the insolvency practitioner… …picking up the pieces', which outlines what an IP does and what to expect of the experts in this field

10 January - US/UK convergence important for world trade, secretary of state for trade and industry tells ICAEW conference

Wed, 10 Jan 2007 13:40:20 GMT

Alistair Darling MP delivers keynote address to ICAEW roundtable on corporate governance

8 January 2007 - ICAEW unveils new brand identity

Tue, 09 Jan 2007 09:32:48 GMT

The Institute of Chartered Accountants in England & Wales (ICAEW) has unveiled its new corporate identity, an integral component of the Institute’s new brand

21st December 2006 Survey reveals lack of trust in e-filing

Thu, 21 Dec 2006 00:00:00 GMT

A fear of a systems failure in the HMRC electronic system is deterring accounting professionals from taking advantage of e-filing. The survey from 1,000 members of the UK Accounting bodies including the Institute of Chartered Accountants in England & Wales (ICAEW) also revealed that this lack of confidence is currently deterring agents from recommending clients using the system to pay their taxes online.

20th December 2006 - Working Together E Group survey results

Wed, 20 Dec 2006 07:50:46 GMT

The results of the recent Working Together E-Group survey have been released today.

15th December 2006 - New wave of finance professionals receive results

Fri, 15 Dec 2006 17:00:00 GMT

The next generation of leading finance professionals received the results of their Advanced Stage Associate Chartered Accountant (ACA) exams today.

12 December 2006 - Jonathan Bloomer to chair advisory group of ICAEW's new Financial Services Faculty

Tue, 12 Dec 2006 07:10:18 GMT

Three prominent financial services industry figures are to join the advisory group of the new Financial Services Faculty to be launched by the Institute of Chartered Accountants in England & Wales (ICAEW) in January 2007.

12 December 2006 - Graduates get off to a flying start

Tue, 12 Dec 2006 00:00:00 GMT

Yesterday saw the graduation of the first group of students from Newcastle University’s prestigious BA (Honours) Business Accounting and Finance degree programme. This unique degree (named the Flying Start programme) brings together the expertise of PricewaterhouseCoopers LLP, Newcastle University Business School and the Institute of Chartered Accountants in England and Wales (ICAEW).

7 December 2006 - Transparency on the homepage a must for public trust in charities

Thu, 07 Dec 2006 00:00:00 GMT

Plan International UK, the Citizens Advice Bureau, Charity Finance Directors’ Group, The Parish Church of St Luke, Great Ilford, A-CET and Chesterfield Philharmonic Choir have beaten off competition from charities across the UK in the 2006 Charities Online Accounts Awards.

6 December 2006 - Actions needed not just words says ICAEW responding to Pre-Budget Report

Wed, 06 Dec 2006 00:00:00 GMT

In responding to today’s Pre-Budget Report (PBR) the Institute has said that whilst government is addressing some of the issues concerning business, a large part of the business agenda has been left untouched

6 December 2006 - New leadership team in post at ICAEW

Wed, 06 Dec 2006 00:00:00 GMT

Richard Dyson today takes office as the new president of the ICAEW on the same day that Michael Izza takes up his appointment as the new chief executive

1 December 2006 - ICAEW comments on FRC paper on audit quality

Fri, 01 Dec 2006 00:00:00 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) welcomes the discussion paper, Promoting Audit Quality, published by the Financial Reporting Council (FRC)

23 November 2006 - Three to contest election for Institute

Thu, 23 Nov 2006 00:00:00 GMT

The Institute of Chartered Accountants in England and Wales (ICAEW) has announced the names of the three candidates in the election for the Institute’s Vice-President

23 November 2006 - Audit quality forum shows how global auditing standards become 'local'

Thu, 23 Nov 2006 00:00:00 GMT

The Audit Quality Forum has published a paper, Making Global Auditing Standards Local, drawing on the UK experience of the adoption and implementation of International Standards on Auditing (ISAs)

20 November 2006 - Institute responds to government's criticism of EU budget failure

Mon, 20 Nov 2006 00:00:00 GMT

Eric Anstee today added his support to Ed Balls criticism of the EUs failure to balance its books for the 12th year running

20 November 2006 - ICAEW launches new leadership programme

Mon, 20 Nov 2006 00:00:00 GMT

The new leadership essentials programme is aimed at people working in finance and professional services who want to develop their personal leadership skills and enhance business performance

20 November 2006 - Business confidence dented ahead of interest rate rise, says ICAEW/Orange UK BCM

Mon, 20 Nov 2006 00:00:00 GMT

The latest ICAEW/Orange UK Business Confidence Monitor (BCM) has dropped to +6.2, the first fall in the confidence index for five quarters

17 November 2006 - ICAEW spells out challenge of measurement in financial reporting

Fri, 17 Nov 2006 00:00:00 GMT

ICAEW report recommends that measurement questions should be more evidence-based

15 November 2006 - Chinese and English accountancy institutes sign European exam agreement

Wed, 15 Nov 2006 00:00:00 GMT

ICAEW chief executive Eric Anstee says that the agreement will help create an elite group of globally capable advisers

1 November 2006 - Disciplinary proceedings of the professional conduct directorate (PDF 57kb/19 pages)

Wed, 01 Nov 2006 00:00:00 GMT

Details of ICAEW disciplinary hearings held during October 2006

31 October 2006 - New specialist charity accounting diploma launched

Tue, 31 Oct 2006 00:00:00 GMT

New diploma will enhance skills and help develop a deeper understanding of the knowledge required for top-level roles in charity accounting and financial management

25 October 2006 - Michael Izza to become ICAEW CEO

Wed, 25 Oct 2006 00:00:00 GMT

New chief executive will accelerate international expansion and enhance support for Institute members

23 October 2006 - International students win prizes in professional stage exams (PDF 49kb/2pages)

Mon, 23 Oct 2006 00:00:00 GMT

Success of Malaysian students is testimony to the international strength of the qualification and the global opportunities which await young professionals on completion of their ACA

23 October 2006 - UK businesses growth plans under pressure at home and abroad (PDF 54kb/3pages)

Mon, 23 Oct 2006 00:00:00 GMT

Despite UK businesses planning for strong growth in the next two years, they are facing a number of threats and barriers both at home and abroad

18 October 2006 - Anstee outlines need for better financing advice for mid-market businesses (PDF 50kb/2pages)

Wed, 18 Oct 2006 00:00:00 GMT

The Institute's chief executive has announced that the ICAEW is responding to the chancellors challenge to business organisations to better signpost sources of finance for business

12 October 2006 - ICAEW broadens its activities with public sector support (PDF 50kb/3pages)

Thu, 12 Oct 2006 00:00:00 GMT

The Institute has launched a new public sector special interest group that will support over 8000 of its members

6 October 2006 - ICAEW issues guidance on UITF 40 and taxation (PDF 50kb/2 pages)

Fri, 06 Oct 2006 00:00:00 GMT

Guidance note aims to assist small businesses providing services, particularly those that might not have kept detailed records

4 October 2006 - ICAEW responds to European Auditor Liability study by London Economics

Wed, 04 Oct 2006 00:00:00 GMT

The Institute welcomes one of the most comprehensive studies ever undertaken on the subject

26 September 2006 - Eric Anstee, UK Enterprise - what should government do next? (PDF: 51kb/3pages)

Tue, 26 Sep 2006 00:00:00 GMT

Eric Anstee sets out what the ICAEW thinks Government should be doing in order to sustain and increase an enterprise culture in the UK

14 September 2006 - Institute launches GAA Passport for Member Services

Thu, 14 Sep 2006 00:00:00 GMT

Members from other GAA Institutes who work in the UK are encouraged to take advantage of the services and support the ICAEW is able to offer

14 September 2006 - ICAEW builds presence in Singapore

Thu, 14 Sep 2006 00:00:00 GMT

ICAEW launches the Singapore city group in recognition of the strategic role Singapore plays in the global accounting profession

14 September 2006 - Disciplinary proceedings of the Professional Standards Directorate (PDF 21kb)

Thu, 14 Sep 2006 00:00:00 GMT

Details of ICAEW disciplinary hearings held during September 2006

6 September 2006 - Public notice - Robert Shafran

Wed, 06 Sep 2006 00:00:00 GMT

Robert Shafran has given an undertaking not to pass himself off as a member of the ICAEW

5 September 2006 - Great tax myths of our time exposed by ICAEW

Tue, 05 Sep 2006 00:00:00 GMT

The ICAEW Tax Faculty debunks some popular myths as part of Tax Week, timed to coincide with the 30 September tax return deadline

1 September 2006 - Tax Return proving complicated? - ICAEW gives top tips to help complete your Return

Fri, 01 Sep 2006 00:00:00 GMT

The ICAEW Tax Faculty provides some top tips as part of Tax Week, timed to coincide with the 30 September tax return deadline

1 September 2006 - ACA Students show professional excellence in advanced stage exams

Fri, 01 Sep 2006 00:00:00 GMT

Candidates who successfully passed the advanced stage demonstrated exactly the sort of professional skills that the public expect from an ACA