Blogs - Talk Accountancy - ICAEW Blogs and Discussions

ICAEW chart of the week - Regional capex

The #icaewchartoftheweek this week is on the subject of public sector capital expenditure across the UK in the light of speculation that the Spring Budget in March will feature a significant boost to capital spending in the North of England. We thou...

13 Jan 2020

ICAEW's Audit and Assurance Faculty - 2019 Highlights

Alexander Russell

2019 has been a busy year for the Faculty. We should like to thank our members for your contributions during the year, and outline some of the highlights of the year below. Audit reform During 2019, the Faculty played a major role in developing ICAEW...

13 Jan 2020

ICAEW chart of the week - A Single Market of 529m people

Martin Wheatcroft

Welcome back! 2020 is likely to be an interesting year for many reasons, but in Europe all eyes will be on UK and EU negotiators as they attempt to agree a new trading relationship following the ending of the UK's membership of the European Unio...

7 Jan 2020

Data protection – New Draft Guidance on Subject Access Requests – Your views wanted

Jane Berney

The UK Information Commissioner (ICO) has just issued a consultation on its new, draft, guidance on dealing with subject access requests (see here) under the GDPR. The GDPR has strengthened the right of data subjects to request a copy of thei...

6 Jan 2020

5 questions every director should be asking their board about climate risk

Business and Industrial Strategy Team

Climate change and sustainability has been placed firmly in the spotlight of media and society’s attention. Focus is now turning even more to the business world to play its part. Given the far-reaching impact and risk implications of climate ch...

18 Dec 2019

Volunteers wanted to join ICAEW's Business Law Committee

Jane Berney

We are looking for two to four ICAEW members to join our Business Law Committee (BLC). The BLC provides ICAEW with expert insights to help us respond to consultations, comment on and provide insight to members on significant proposed or existin...

17 Dec 2019

ICAEW chart of the week - Post-GE2019 fiscal deficits

Martin Wheatcroft

With the General Election now complete, the Office for Budget Responsibility (OBR) was able to release a restated version of its March 2019 fiscal forecasts this morning, reflecting technical revisions to the way the fiscal numbers are calculat...

16 Dec 2019

ICAEW chart of the week - General Election 2019

Martin Wheatcroft

With voters in the UK going to the polls tomorrow, our #icaewchartoftheweek is on the political party's plans for the public finances. All the political parties are promising to increase taxes, public spending and investment, with the plan to el...

11 Dec 2019

Business, Brexit and the Ballot Box

Business and Industrial Strategy Team

Business, Brexit and the Ballot Box On Monday 25 November, Chartered Accountants’ Hall played host to a General Election hustings on the topic of small business. The event, organised by ICAEW in partnership with Enterprise Nation, Coadec...

11 Dec 2019

The view from London Accountant - How unemployable are you?

Megan Fitzpatrick

In a recent meeting about skills gaps in business, we got talking about academic backgrounds and wondered whether there was any such thing as ‘relevant’ or ‘non-relevant’ subjects.According to ICAEW’s own recruitment ...

5 Dec 2019

The view from London: Working fathers - how to thrive and work at home

Megan Fitzpatrick

As November saw this years' International Men’s Day, in London Accountant, executive coach Geraldine Gallagher sets out what fathers can do to improve their work/home life balance and ensure that more are able to “breadshare”. As...

2 Dec 2019

ICAEW chart of the week - Age profile of monthly public spending

Martin Wheatcroft

With the General Election in full swing, the #icaewchartoftheweek is on one of the principal drivers of public spending: age. As data from the Office for Budget Responsibility illustrates, public spending on the young increases as the populatio...

25 Nov 2019

The view from London: What are the biggest risks affecting practitioners?

Megan Fitzpatrick

Along with experts from Bluefin Professions we are hosting a free one hour webinar on how you can put your practice in a stronger position and protect yourself from risk. This complimentary webinar will look in detail at regulatory & c...

22 Nov 2019

The view from London: Diversity and inclusion - five steps to shift the dial

Megan Fitzpatrick

The volatility and complexity of business and societal issues in today’s world has created a burning platform to bring diversity of thought in every forum and to drive successful outcomes that work for a wide range of stakeholders. But while...

22 Nov 2019

ICAEW chart of the week - Public sector capital expenditure

Martin Wheatcroft

With apologies for the delay because of being away, this week's #ICAEWchartoftheweek is on public sector capital expenditure (capex), something that all the political parties in the #GE2019 have promised to increase - in some cases by very signi...

20 Nov 2019

Probate Fees and Delays – the Good and not so Good news

Jane Berney

Probate Fees – the Good news The Justice Secretary has finally confirmed to the media that the government will be withdrawing its proposals to increase the fee charged for grants of probate (first mooted in 2016). Small adjustments to cover co...

12 Nov 2019

ICAEW chart of the week - Monthly GDP estimates to September 2019

Martin Wheatcroft

The ONS announced today that the real-terms change in quarterly GDP for Q3 (July to September 2019) was +0.3%, a turnaround from the contraction of -0.2% seen in Q2. The #icaewchartoftheweek looks instead at the seasonally adjusted monthly changes i...

11 Nov 2019

Preventing small businesses from shutting up shop

Megan Fitzpatrick

With 50,000 businesses closing due to late payments, LSCA Business Board member Vicky Andrew examines the steps a micro business can take to tackle late payment in London Accountant. A year ago I wrote an article about the importance of micro bu...

11 Nov 2019

What can you gain from giving?

Megan Fitzpatrick

Viresh Paul, the Chair of LSCA's Area Societies, looks at the rewards of volunteering with your local branch of the London Society of Chartered Accountants. It seems in this day and age that all of us have so much to do and so little time to do it...

8 Nov 2019

Holding all directors to account, stay at home dads and the digital age: this month's news in London Accountant

Megan Fitzpatrick

This month's articles are now live in London Accountant. Amongst other news, this month we cover: Investors back calls for all directors to be held to account: Speaking at last month’s Pan Accountancy Lunch, hosted by the London Society of...

5 Nov 2019

ICAEW chart of the week - Balance of payments

Martin Wheatcroft

Although most of the focus on the balance of payments is on trade, i.e. imports and exports of goods and services, it is not the only element in the balance of payments equation, as the #icaewchartoftheweek illustrates. Based on the 2019 Pink ...

5 Nov 2019

International students can add strategic value to your business

Megan Fitzpatrick

Are there ways for UK businesses to draw on international students studying in the UK? Assuming that UK business is shortly going to be aiming to increase its business relationships with countries beyond the EU these international students have many ...

4 Nov 2019

Misbehaving and behaving: improving audit quality

Megan Fitzpatrick

CASSL's (Chartered Accountant Student Society London) Alec Burt suggests a new way to approach audit. The recent criticism directed at the audit industry should prompt auditors to think creatively about how they can improve the quality of t...

1 Nov 2019

Supercharge your networking

Business and Industrial Strategy Team

It’s more than just swapping business cards We are always told about the importance of networking; it’s all about who you know, right? From being able to benchmark your business against others, to sharing a common problem and findi...

1 Nov 2019

ICAEW chart of the week - UK businesses

Martin Wheatcroft

The #icaewchartoftheweek is on the 5.9m UK businesses reported by the Department for Business, Energy & Industrial Strategy (BEIS) to have been in operation at 1 January 2019, generating a total of £4.1tn in revenue each year. Accordi...

29 Oct 2019