Furnished Holiday Lettings (FHL) tax regime abolished

The move aims to improve year-round housing stock in high-tourism areas

Consultation: FRED 85 Draft Amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle

ACCA welcomes the opportunity to comment on the Financial Reporting Council (FRC) Exposure Draft 85 Draft amendments to FRS 101 Reduced Disclosure Framework 2023/24 cycle (FRED 85).

Consultation response: Australian Sustainability Reporting Standards – Disclosure of Climate-related Financial Information

ACCA welcomes the opportunity to provide views in response to the Australian Accounting Standards Board’s (AASB’s) exposure draft ED SR1, Australian Sustainability Reporting Standards (ASRS) – Disclosure of Climate-related Financial Information.

Exposure Draft - Amendments to Climate Change and Energy Standards

GRI exposure drafts for the Climate Change Standard and the Energy Standard (issued by GRI in November 2023) This submission is made jointly by Chartered Accountants Australia and New Zealand (CA ANZ) and the Association of Chartered Certified Accountants (ACCA) under our strategic alliance.

Spring Budget 2024: ACCA's letter to the Chancellor

Read the letter outlining members' priorities, sent to Jeremy Hunt ahead of the announcement on 6 March

Consultation: TCFD-aligned disclosure Exposure Draft for Phase 2

ACCA welcomes the opportunity to respond to this consultation on the TCFD-aligned disclosure Exposure Draft Phase 2 (ED) for the UK public sector.

Audit Standards Amendment - Amendments to ISA 250 section A and B - revision of auditing standards to enhance useability and informativeness of the audit

ACCA welcomes the opportunity to comment on the proposals issued by the FRC. We support the enhancement of the auditor requirements aimed at detecting and reporting material misstatements resulting from non-compliance with laws and regulations. Updating the standard in this way will undoubtedly enhance the quality of audit processes, offering users greater assurance that potential material misstatements have been thoroughly assessed and leading to increased stakeholder confidence in the quality of audits carried out. We also commend the transition to a risk-based approach, allowing auditors to focus on laws and regulations that are most likely to have a material impact on the financial statements.

Technical factsheet: The Economic Crime and Corporate Transparency Act 2023

The legislation introduces several wide-ranging reforms

Draft Scottish Budget 2024/25

A summary of the key points

Draft Welsh Government Budget 2024/25

A summary of the major announcements

ACCA's response to Targeted Consultation: Implementation of the Sustainable Finance Disclosures Regulation (SFDR)

This is a co-authored response to the European Commission’s (EC) Targeted Consultation Document: Implementation of the Sustainable Finance Disclosures Regulation (SFDR) by the ACCA and CISI. This response has been informed through our policy positions, sustainability focused engagement across the EU and UK and roundtable discussion. This work has found that guidance and clarification on and within the regulation is crucial to effective implementation moving forward.

What is FGI and why is this cover important?

Everything you need to know about fidelity guarantee insurance

ACCA's response to FRED 84 Draft Amendments to FRS 102

ACCA welcomes the opportunity to respond to the FRC’s invitation to comment on the draft amendments to FRS 102. ACCA is supportive of the proposed amendments. ACCA has consistently been an advocate for improved reporting on poor payment practices.

ACCA's response to Scope 3 Emissions in the UK Reporting Landscape Call for Evidence

ACCA welcomes the opportunity to respond to the Department’s call for evidence on the benefits, costs, and practicalities of Scope 3 greenhouse gas (GHG) reporting in the UK.

Best practice for limiting liability to clients

Lockton sets out the do’s and the don’ts

Consultation: Annual Improvements to IFRS Accounting Standards - Volume 11

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for the IFRS Accounting Standards Annual Improvements Volume 11.

Consultation: Whole of Government Accounts 2020-21 Inquiry

ACCA welcomes the opportunity to respond to the Call for Evidence on the Whole of Government Accounts 2020-21.

Chancellor announces action on late payments

Measures were published today in the Prompt Payment Review

Business rates in England

Small business multiplier frozen while the 75% RHL relief will be extended

Cash basis expansion adds flexibility for businesses

Legislation will remove turnover restrictions and allow businesses to move from cash basis to accruals and back

An economic view of the Autumn Statement 2023

Measures to boost business investment and the supply side of the economy are encouraging, but the economic and fiscal outlook remains very challenging

IR35 and calculating PAYE liability in cases of non-compliance

New proposal likely to impact individuals who have been incorrectly determined as self-employed for the purposes of the off-payroll working rules

Making Tax Digital Small Business Review

Pledge to simplify and improve the MTD for ITSA system for taxpayers and their representatives

Skills and green policy disappointment

ACCA reacts to the Autumn Statement’s disappointing lack of support on both skills and green policy

Capital allowances and full expensing

Spring announcement on full expensing made permanent in Autumn Statement

Technical factsheet: Going concern and the alternative basis of accounts preparation for charities reporting under UK-Ireland Generally Accepted Accounting Practice (GAAP)

Aimed at trustees and treasurers of smaller charities and independent examiners, this Factsheet explores how and when to prepare charity accounts on an alternative basis to going concern.

ACCA UK Autumn Statement Survey 2023

Members voiced concerns including issues around accessing HMRC services

Consultation: Whole of Government Accounts 2020-21

Read ACCA's response to the UK Government's Public Accounts Committee

Consultation: APPG Accountancy as a STEM subject inquiry

ACCA welcomes the opportunity to respond to APPG Accountancy as a STEM subject inquiry. We believe that simplicity and open access for all are core considerations when considering the classification of subject areas, funding models, and career support for both individuals and organisations.

Consultation: FRC Revised Ethical Standard Key Changes

ACCA welcomes the opportunity to comment on the proposals issued by the FRC. We are pleased to note that the proposed changes reflect significant developments in the International Ethics Standards Board for Accountants (IESBA) Code since the FRC last revised the Ethical Standard in 2019 to ensure that the UK’s Ethical Standard mirrors as closely as possible the international code.

Consultation: 2024/25 Code of Practice on Local Authority Financial Reporting in the United Kingdom

ACCA welcomes the opportunity to respond to the Consultation on the 2024/25 Code of Practice on Local Authority Financial Reporting in the United Kingdom.

Consultation: IASB/RFI/2023/2 Post-implementation Review: IFRS 15 Revenue from Contracts with Customers

ACCA welcomes the opportunity to provide views in response to the IASB’s request for information for the post-implementation review of IFRS 15 Revenue from Contracts with Customers.

Important update for money-laundering reporting officers: new SAR portal

The current system will be decommissioned later this year

Minimising insurance premiums amid economic uncertainty

Read our tips on managing the renewal process

Consultation: Reform of Anti-Money Laundering and Counter Terrorism Financing Supervisory Regime

ACCA is a Professional Body Supervisor (PBS) for anti-money laundering (AML) in the UK. We welcome the opportunity to provide views on the government’s proposed reform of the AML and counter terrorism financing (CTF) supervisory regime, and the proposals for sanctions supervision.

Consultation: UK Corporate Governance Code

ACCA welcomes the opportunity to provide views in response to the Financial Reporting Council's public consultation

R&D: additional information

Almost half of claims submitted under the new rules are omitting the mandatory form and will be automatically rejected

Call for evidence on industry issues, regulatory issues and government policy issues relating to access to finance

Read ACCA's response to the Treasury Committee for SME Finance

ACCA’s comment letter for ISSB Request for Information 2023 Consultation on Agenda Priorities

ACCA welcomes the opportunity to provide views in response to the ISSB’s Request for Information Consultation on Agenda Priorities.

Consultation: smarter regulation non-financial reporting review

Read ACCA's response to the Department for Business and Trade, and the Financial and Reporting Council

Overseas entities

Registration deadline brings new risk for accountancy firms

ED Methodology for Enhancing the International Applicability of the SASB Standards and SASB Standards Taxonomy Updates

ACCA welcomes the opportunity to provide views in response to the ISSB’s Exposure Draft ISSB/ED/2023/1 Methodology for Enhancing the International Applicability of the SASB Standards and SASB Standards Taxonomy Updates

Prohibition on provision of accountancy services to Russia

A summary of new regulations impacting on accountants

Ban on the provision of auditing services to Russia

The UK government has extended regulations

Consultation: Amendments to the Classification and Measurement of Financial Instruments

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for the proposed amendments to IFRS 9 and IFRS 7 in relation to Amendments to the Classification and Measurement of Financial Instruments.

Recent regulatory changes and insurance implications

New regulations have significant implications for accountants

Consultation: Guidelines for the Recognised Accountancy Bodies when performing the Approval and Registration function in respect of Statutory Auditors and Audit Firms

ACCA welcomes the opportunity to comment on the proposed Guidelines for the Recognised Accountancy Bodies (RABs) when performing the Approval and Registration function in respect of Statutory Auditors and Audit Firms.

Consultation: Simplifying and modernising HMRC’s Income Tax services through the tax administration framework

ACCA's response to Simplifying and modernising HMRC’s Income Tax services through the tax administration framework

Consultation: ED International Tax Reform - Pillar Two Model Rules Proposed amendments to the IFRS for SMEs Standard

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for International Tax Reform – Pillar Two Model Rules: Proposed amendments to the IFRS for SMEs Standard (hereinafter referred to as the ‘ED’).

People errors – how to alleviate insurers’ concerns

Be wise to what insurers are looking at when it comes to your employees’ wellbeing