Blogs - Talk Accountancy - ICAEW Blogs and Discussions

GDPR - New Guidance on the Transparency Obligations of the GDPR

The EU General Data Protection Regulation (GDPR) came into force on 25 May 2018. The Data Protection Act 2018 (DPA 2018) came into force on the same day and sits alongside the GDPR. Even after nearly a year of the new regime there are still many area...

15 Apr 2019

ICAEW chart of the week - UK population over the next 25 years

Martin Wheatcroft

Our #ICAEWchartoftheweek this time is on demographics, illustrating how the population is projected to increase by 10% over the next 25 years, from just short of 67m in June this year to 73½m in 2044. The ONS have assumed that there will be 7...

15 Apr 2019

Draft UK Audit Regulations for a no deal Brexit

Sarah Gammon

In readiness for a no deal Brexit, a draft set of Audit Regulations has been prepared. These are indicative, for the UK only and will apply with minor changes from the date of actual exit. Principal changes evident in draft UK Audit Regulations ...

12 Apr 2019

Shine a light: IRB Annual Report 2018

Sarah Gammon

There has been much for the ICAEW Regulatory Board (IRB) to consider in discharging its responsibility for overseeing the activities of the Professional Standards Department and its committees, and the statutory role of ICAEW as a regulator. Read the...

12 Apr 2019

ICAEW chart of the week - Australia fiscal surplus

Martin Wheatcroft

The Commonwealth of Australia presented its budget for 2019-20 last week. Buoyed by higher tax revenues from natural resources, Treasurer Josh Frydenberg MP announced that Australia's federal finances had returned to surplus, enabling a modest p...

8 Apr 2019

ICAEW chart of the week - Housing sales

Martin Wheatcroft

The ICAEW chart of the week this week is on the topic of the residential housing market, one of the swathe of economic statistics published by the Office for National Statistics last week. While there is often great interest in what is happeni...

2 Apr 2019

ICAEW chart of the week - Ireland external trade

Martin Wheatcroft

The ICAEW chart of the week returns to the topic of external trade; a topic of continuing interest in the UK as Parliament attempts yet again to resolve its differences over the proposed Withdrawal Agreement with the EU and the so-called &...

25 Mar 2019

ICO launches Your Data Matters Pledge

Jane Berney

Related Recommended Mark Taylor 15 Mar 2019 Time to take the data pledge Trust is at the very heart of the accountancy profession. It is something every ICAEW member practices every day. &nbsp...

18 Mar 2019

ICAEW chart of the week - UK Government financing for 2019-20

Martin Wheatcroft

One of the primary purposes of the Spring Statement last week was to establish the Government's financing for the coming financial year. As our ICAEW chart of the week illustrates, the plan is to raise £145bn from investors during 2019-20....

18 Mar 2019

Changes to Guidance on Sanctions effective 1 April 2019

Sarah Gammon

The Guidance on Sanctions is used by ICAEW regulatory committees, the Investigation Committee, disciplinary tribunals of the Disciplinary Committee and the Appeals Panel of the Appeal Committee for all complaints they consider. This new version ...

14 Mar 2019

ICAEW chart of the week - OBR forecast revisions - UPDATED FOR SPRING STATEMENT

Martin Wheatcroft

Following the Spring Statement earlier today, we have updated our ICAEW chart of the week to reflect the changes in the official forecasts made by the Office for Budget Responsibility. Rumours that the Chancellor would benefit from a 'windfall' in t...

11 Mar 2019

The fundamentals for Business Growth, SMEs

Nicholas Levine

Political uncertainty and volatile business confidence create a challenging economic environment for companies to operate in. This creates an enhanced necessity for companies to revisit fundamentals associated with business growth to drive their futu...

7 Mar 2019

ICAEW chart of the week - UK GDP over the last two decades

Martin Wheatcroft

The ICAEW chart of the week this time is on the size of the UK economy over the last couple of decades. According to the Office for Budget Responsibility, economic activity in the UK is forecast to add up to £2,126bn for the year ending 31 Mar...

4 Mar 2019

ICAEW chart of the week - A resurgence of Quangos?

Martin Wheatcroft

Who else remembers the great bonfire of the Quangos? It doesn't seem too long ago that the government was busy abolishing or privatising as many Quangos (quasi-autonomous governmental organisations) as they could track down. A determined effort to c...

25 Feb 2019

Finance in a Digital World E-Learning

Jonathan Levy

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