Blog - Title

Blogs

  • Fintech innovation - perspectives from Singapore and London

    Fintech is an important and growing industry sector. As many members will have experienced, it is changing the way individuals and businesses use and access financial services. Countries around the world are now developing and promoting their own fin...
    • 5 Dec 2018
  • Bach to the future

    Driving from Changi Airport to my hotel in Singapore, the radio in the taxi was tuned to a classical music channel. Just as we arrived at the hotel, I heard the first bars of Trever Pinnock’s recording of Bach’s Brandenburgs – the v...
    • 4 Dec 2018
  • Turbulence, disruption and calm

    A few weeks ago, I visited Newcastle to meet members and students and to speak at the Northern Society Annual Dinner. My flight back to the South West through Storm Calum was memorable. I have flown through many storms in my time and in my days as a ...
    • 28 Nov 2018
  • Sustainability in accountancy education

    Chartered accountants have a fundamental role to play in integrating sustainability into organisations’ business strategy, operations and decision-making. It therefore follows that sustainability should be integrated into the training of a char...
    • 23 Nov 2018
  • A global community

    ICAEW members around the world make up a truly global community. We have members in 153 countries, around one sixth of our members live and work outside the UK and an ever-increasing proportion of our students – whether studying for CFAB, BFP o...
    • 21 Nov 2018
  • A glimmer of hope

    The draft withdrawal agreement between the UK Government and the European Commission announced last week has provided a glimmer of hope. It has now been welcomed by most business leaders and many major companies as a step forward, but much remains to...
    • 20 Nov 2018
  • 'A New Landscape for Audit'

    On Monday, I was delighted to welcome the Chair of the Business, Energy and Industrial Strategy Select Committee, Rachel Reeves MP, to Chartered Accountants’ Hall to deliver a keynote speech on the future of audit. In the course of that, she an...
    • 14 Nov 2018
  • Measuring Social Progress

    A few weeks ago, the 2018 Social Progress Index was published. As the title suggests, the Index provides a holistic snapshot of how well the world is progressing, from a primarily social and environmental perspective. It ranks 146 countries on how we...
    • 5 Nov 2018
  • Brown Shoes

    One of the themes I'm pursuing this year is access to our profession for the brightest and the best, regardless of background. I was therefore keen to attend the recent annual reception to celebrate the work of Access Accountancy. Access Accounta...
    • 3 Nov 2018
  • A Spending Sprinkle

    This year’s Budget Statement was never going to break any new ground. The competing priorities of ending austerity, increasing public spending, cutting taxes and increasing infrastructure investment are by definition impossible to reconcile wit...
    • 29 Oct 2018
  • Finance in a Digital World

    Many members will know that we’ve recently placed a significant focus on technological change and its impact on the profession. Digital disruption is already transforming the way finance is able to serve businesses and their clients. We know th...
    • 26 Oct 2018
  • Protect Audit to Protect Prosperity

    Last week, the European Summit in Brussels ended without reaching agreement on the terms of the UK’s exit from the European Union. Negotiations are continuing, and there are some encouraging signs, but the clock continues to tick for businesses...
    • 22 Oct 2018
  • A Market Study of Audit

    Yesterday, the Competition and Markets Authority (CMA) officially announced its review into the audit market. Members will know that this has been anticipated for some time, and follows this summer’s independent review of the FRC by Sir John Ki...
    • 10 Oct 2018
  • What’s Next After LIBOR?

    The London Inter-Bank Offered Rate (LIBOR) is the most widely used interest rate across financial markets. It is used to set rates for government and corporate bonds, mortgages, student loans and credit cards, as well as derivatives such as interest ...
    • 3 Oct 2018
  • ICAEW's Brexit Hub

    I’d like to remind members to visit our Brexit hub at icaew.com/brexit. We know that businesses are experiencing great uncertainty around how the UK’s departure from the European Union will impact their operations – and thus finding...
    • 27 Sep 2018
  • A Way of Life

    One of the greatest privileges of being president of ICAEW is welcoming newly-qualified ACAs to our profession. Last Saturday I travelled to Liverpool and then on to Manchester to speak at two such ceremonies. I spoke – as I always do – a...
    • 24 Sep 2018
  • Three Challenges for Integrated Reporting

    Eight years ago, the International Integrated Reporting Council (IIRC) was born. Its founding vision, which ICAEW has always supported, was and is to “align capital allocation and corporate behaviour to wider goals of financial stability and su...
    • 19 Sep 2018
  • A Long, Hot Summer

    It is already clear that 2018 will be remembered as a pivotal year for our profession; one in which the crisis in public trust reached fever pitch, along with the need to instigate and embrace fundamental change. As we enter the autumn, I want to upd...
    • 12 Sep 2018
  • Tomorrow's Digital Practice

    One of my ambitions for this year is to ensure that we remain – and are seen as - leaders, not followers, in this increasingly digital world. An abiding memory of my interview at A C Mole & Sons on 13 June 1980 (and yes, it was indeed a Fri...
    • 10 Sep 2018
  • How Do You Solve a Problem like Business Rates?

    We are at a crucial moment for tax. Government must listen, and be seen to be listening, to the concerns of businesses and individuals. Public debate about the level of taxation on business is heavily focused on corporate income tax. However, propert...
    • 6 Sep 2018
  • Preparing for "No Deal"

    Last week the UK Government published its first batch of technical notices to help British businesses prepare for a potential “no deal” Brexit. Further technical notices are due in September, including on services and company law. It is s...
    • 29 Aug 2018
  • An Export Superpower?

    Yesterday I attended the launch of the Government’s new Export Strategy at the Institute of Directors in London. Afterwards I attended a private roundtable discussion with the Secretary of State for International Trade, the Rt Hon Dr Liam Fox M...
    • 22 Aug 2018
  • Firm Foundations

    In my last blog, I wrote about the part the ICAEW Foundation plays in changing lives around the world - helping young people who face financial difficulties to begin a professional career. It's one way in which we bring our ambition to help build...
    • 20 Aug 2018
  • Take Two (and Three)

    I’d like to ask something of you. Would you take two minutes to read this blog and then watch a short three-minute video? A key theme for my year as president is improving access to our profession. We are a global Institute with over 150,000 me...
    • 3 Aug 2018
  • Measuring the Tax Gap

    HMRC recently published their estimate of the tax gap for 2016-17. It came in at £33 billion, or 5.7% of total tax due. Identifying the tax gap – the difference between the amount of tax that should be paid and what is actually paid &ndas...
    • 1 Aug 2018