Blogs - Talk Accountancy - ICAEW Blogs and Discussions

Finance in a Digital World E-Learning

Introducing the new eLearning experience supporting digital transformation. Exclusive to ICAEW members. We have partnered with Deloitte to develop Finance in a Digital World, a suite of online learning modules, to support ICAEW members increase aware...

21 Feb 2019

ICAEW chart of the week - UK international trade

Martin Wheatcroft

For some reason the UK's international trade arrangements with other countries are a continuing topic of debate, and so we turn to imports and exports for this week's ICAEW #chartoftheweek. According to provisional numbers from the Office fo...

18 Feb 2019

ICAEW chart of the week - UK railway finances

Martin Wheatcroft

This week’s ICAEW #chartoftheweek is on the UK rail industry's finances for 2018-18, the subject of a recent report by the Office of Rail and Road. Although the ORR tries to explain the way money flows through the industry (see ...

11 Feb 2019

ICAEW chart of the week - UK Defence Equipment Plan

Martin Wheatcroft

A scathing report on the UK Defence Equipment Plan released last week by the Public Accounts Committee provides the subject matter for the ICAEW #chartoftheweek. This follows on from a National Audit Office review of the Ministry of Defence&rsq...

4 Feb 2019

ICAEW chart of the week - UK workforce statistics

Martin Wheatcroft

The good news from the ONS last week is that the unemployment rate is down and the employment rate is up. But, while the trends are encouraging, the statistics are a little confusing. After all, why does unemployment of 4.0% plus employment o...

28 Jan 2019

New volunteering opportunity for non-accountants: Chartered Accountants Compensation Scheme (CACS) Committee

Sarah Gammon

The Chartered Accountants Compensation Scheme (CACS) Committee, is responsible for considering claims for compensation arising from investment business conducted by authorised / licensed firms under ICAEW's Investment Business Regulations and Designa...

22 Jan 2019

ICAEW chart of the week - EU budget 2019

Martin Wheatcroft

The ICAEW #chartoftheweek this time is on the subject of the EU's 2019 budget of €148bn. This is in the order of £130bn at current exchange rates, equivalent to €24 per month for each of the 514m people in the EU. Of this,...

21 Jan 2019

ICAEW chart of the week - austerity in English local authorities

Martin Wheatcroft

The news of the proposed appointment of Gareth Davies to be the new Comptroller & Auditor General for the UK prompted us to look at the National Audit Office website. There we saw one of its current highlights - a fascinating set of data visuali...

14 Jan 2019

ICAEW chart of the week - the global economy in 2019

Martin Wheatcroft

The first ICAEW #chartoftheweek for 2019 is on the subject of the global economy, with GDP forecast to add up to £69tn in 2019 based on data provided by the IMF. The UK is expected to generate £2.2tn in economic activity in 2019, just ov...

7 Jan 2019

Now recruiting: Professional Standards committees. Apply now

Sarah Gammon

We are recruiting for ICAEW members and lay members to serve on our professional conduct and regulatory committees. If you have the experience to help us maintain and support high standards of practice and professional conduct and would like to serve...

18 Dec 2018

ICAEW Chart of the week

Ross Campbell

With the festive season upon us and despite tales of High Street gloom, our chart this week is about the £381bn that consumers in England, Wales and Scotland are expected to spend in 2018 on the high street and online. A weekly average of &poun...

18 Dec 2018

ICAEW Chart of the week

Ross Campbell

This month's Scottish Budget was slightly overshadowed by events in Westminster, but if you live north of the border the £42.5bn that the Scottish government plans to spend next year will possibly be more of interest. Our chart shows, the larg...

18 Dec 2018

ICAEW Chart of the week

Ross Campbell

The constitutional crisis of the last few days has raised the (theoretical) prospect of the Attorney General being imprisoned in the Tower of London for contempt of Parliament, which made us decide to look at crime and punishment. Our chart this wee...

18 Dec 2018

ICAEW Chart of the week

Ross Campbell

We thought we might look at one of the UK government’s key risk management tools in our chart this week – the UK’s foreign reserves. These principally comprise financial investments in the sovereign debt of other countries, to...

30 Nov 2018

ICAEW Chart of the week

Ross Campbell

This week's chart is about export credit guarantees and the associated risk carried on government balance sheet. We compared the exposure of the UK government to guarantees provided by UK Export Finance to the equivalent exposure of the German fede...

21 Nov 2018

How to improve your annual report and accounts - FRC guidance on 2018 corporate reporting

Marianne Mau

FRC Guidance With the annual financial reporting season nearly upon us, the FRC has provided UK companies with advice on how to improve the quality of their corporate reporting. Much of the guidance is aimed at listed companies and IFRS reporte...

15 Nov 2018

ICAEW Chart of the week

Ross Campbell

The recent budget contained 53 announcements on spending and 33 announcements on tax. As our chart this week shows, the headline was an extra £7bn for the NHS in 2019-20, rising to £28bn in 2023-24. £84bn over the forecas...

14 Nov 2018

Probate Fees to increase – a ‘stealth’ tax in every sense?

Jane Berney

On 5 November and quite out of the blue, the junior Justice Minister Lucy Fraser announced that a new statutory instrument had been laid before Parliament to implement a new banded structure of fees for a grant of probate. Although the new fees are ...

9 Nov 2018

ICAEW Chart of the week

Ross Campbell

Our chart this week takes a look at the OBR’s latest forecast for public sector net debt over the next five years. While the Chancellor said debt is expected to fall, it is important to understand that this does not mean that debt will go down....

8 Nov 2018

If not you, then who? If not now, then when?

Ahmad Ali Qasim

My 2018 One Young World Experience Inspired, empowered and compelled. These are the words that immediately spring to mind when reflecting on the memorable One Young World Summit held in The Hague, the international city of Peace and Justice, from 17 ...

6 Nov 2018

Brexit: A message to our members and students in Europe

Martin Manuzi

As the date of the UK’s withdrawal from the European Union approaches, we are contacting all our members and students living and working in the Europe Region to let you know that there are ICAEW resources to hand which can assist with practical...

6 Nov 2018

ICO publishes new guidance on passwords and encryption

Jane Berney

The Information Commissioner's Office ( ICO) has published updated guidance on the use of passwords and encryption to protect data. This is part of a commitment by the ICO to produce new guidance on the Data Protection Act...

5 Nov 2018

Changes to the Charity & Voluntary Sector Community

Poppy Bragg

Head of Charity & Voluntary for ICAEW, Gillian McKay, tells us about the changes coming up for the Charity & Voluntary Sector Community and her thoughts on challenges for the sector. What changes are happening to the Charity & Voluntary ...

1 Nov 2018

Goodbye PFI - The Autumn Budget 2018 - commentary from the Corporate Finance Faculty

David Petrie

An unexpected increase in tax receipts of £13bn afforded a Chancellor with a reputation for prudence the opportunity to move towards an end to austerity in the Autumn, pre-Brexit (and probably, mid-term) Budget. Headlines have focused on i...

30 Oct 2018

ICAEW Chart of the week

Ross Campbell

The Chancellor was in a positive mood yesterday as he presented a budget to deliver the commitment to increase NHS spending without large tax increases. The reason was an improvement in the OBR’s fiscal forecasts. As illustrated by our chart ...

30 Oct 2018