Consultation: Public Consultation on Sustainability Disclosures (IFRS S2 ISSB)

ACCA welcomes the opportunity to respond to the CVM’s public consultation on Minuta Pronunciamento Técnico from the Comitê de Brasileiro de Pronunciamentos de Sustentabilidade (CBPS) nº 01 and nº 02 regarding climate-related disclosures based on the International Sustainability Standards Board (ISSB) IFRS S1 and S2, respectively. ACCA has consistently advocated for a global approach to the development of sustainability disclosure standards. We fully support the role of the International Sustainability Standards Board in setting a consistent and comparable global baseline for sustainability reporting around the world.

How to navigate cyber risks

Mitigate the risks of a serious cyberattack on your practice

Consultation: Non Financial Reporting review: simpler corporate reporting

ACCA welcomes the opportunity to respond to the UK Department for Business and Trade call for evidence titled: Non-financial reporting review: simpler corporate reporting

Consultation: Technical standards on the Euopean Green Bond Regulation

ACCA and CISI, appreciate the opportunity to contribute to European Securities and Markets Authority’s Draft Regulatory Technical Standards related to the registration and supervision of external reviewers under the EU Green Bond Regulation. As stakeholders with a global membership including across the EU, we recognise the critical role green bonds play in financing assets for the low-carbon transition. We commend the ESMA’s aim to standardise registration requirements and contribute to developing a level playing field through lower entry costs for applicants. We look forward to further engagement and collaboration with stakeholders to refine and implement these regulations effectively.

ACCA: Priorities for the EU 2024 – 2029

ACCA is pleased to present its policy recommendations for the EU 2024 – 2029 on Sustainability, AI and Talent

Consultation: Canadian Sustainability Disclosure Standards

ACCA welcomes the opportunity to respond to the CSSB’s Canadian Consultation on Adoption of CSDS 1 and CSDS 2 based on IFRS S1 and IFRS S2.

Consultation: Improving the effectiveness of the Money Laundering Regulations

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 proposals to improve the effectiveness of the Money Laundering Regulations (MLRs).

Accounting for a better world: An ACCA policy prospectus for the UK

ACCA lays out a plan for a thriving economy: a sustainable and just transition, and a framework for growth

Why it’s time to check your FGI cover

Be aware of the requirements for fidelity guarantee insurance

Consultation: Chartered IIA Internal Audit Code of Practice draft

ACCA welcomes the IIA’s Proposed Global Internal Audit Standards and commends the IIA for moving forward with the revisions. We are very pleased that the IIA’s revisions also aim to enhance the Internal Audit profession’s role in the public interest.

Consultation: HMRC call for evidence on Raising standards in the tax advice market

ACCA welcomes the opportunity to respond to the HMRC call for evidence on Raising standards in the tax advice market: strengthening the regulatory framework and improving registration.

Consultation: Exposure Draft on International Ethics Standards for Sustainability Assurance

ACCA welcomes the opportunity to respond to IESBA's Exposure Draft on International Ethics Standards for Sustainability Assurance

Consultation: Voluntary ESRS for non-listed Small And Medium Sized Enterprises

ACCA welcomes the opportunity to comment on the draft Voluntary ESTS for Non-Listed Small and Medium Sized Enterprises (VSME). We have also fed into the responses submitted by EFAA and Accountancy Europe and agree with the stances taken; this written submission sets out ACCA’s position on the standard, given our other joint submissions.

Consultation: HMRC calls for evidence on the Tax Administration Framework Review

ACCA welcomes the opportunity to respond to the HMRC calls for evidence on the Tax Administration Framework Review: enquiry and assessment powers, penalties, safeguards

Consultation: Whole of Government Accounts 2021-22

ACCA welcomes the opportunity to respond to the Call for Evidence on the Whole of Government Accounts 2021-22 (WGA).

Consultation: Exposure Draft on Using the Work of an External Expert

ACCA welcomes the opportunity to respond to IESBA's Exposure Draft on Using the Work of an External Expert

PII considerations when buying or selling a practice

Top tips to ensure you aren’t caught out

Consultation: Proposal to adopt a sustainability assurance standard in Ireland

ACCA welcomes the opportunity to respond to IAASA’s public consultation on the Proposal to Adopt a Sustainability Assurance Standard in Ireland.

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

ACCA welcomes the opportunity to respond to the CIPFA/LASAAC Local Authority Code Board public consultation on short term England-only measures to aid the recovery of local authority reporting and audit.

Consultation: IASB/ ED/2023/5 Financial Instruments with Characteristics of Equity

ACCA welcomes the opportunity to provide views in response to the IASB’s exposure draft (ED) for Financial Instruments with Characteristics of Equity that aims to improve the requirements for classifying financial instruments with ‘debt-like and equity‑like characteristics’ and to improve the information an entity provides on such instruments.

Automatic PI policy renewals

Lockton on the pros and cons of automatic and continuous policy renewals

Protect against cyber attacks

Scam emails and other cyber threats pose a serious risk; protect yourself now

Consultation: Malaysia's National Sustainability Reporting Framework

ACCA commends the Advisory Committee on Sustainability Reporting (ACSR) on the development of the Proposed National Sustainability Reporting Framework (NSRF) involving the adoption of International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards – specifically IFRS S1 and S2. We further commend ACSR on inviting public feedback on the proposed framework through a formal consultation process. This is critical towards fostering trust and transparency in the framework and positively shaping the journey of sustainability reporting in Malaysia.

Consultation: A world-class education system: The Advanced British Standard

ACCA welcomes the opportunity to respond to the Department of Education's consultation on The Advanced British Standard, which presents an opportunity to ensure the 16-19 education system is world leading and that every young person, regardless of their socio-economic background, location, or circumstances can reach their potential and gain both the knowledge and skills they need to thrive in a major global economy.

Consultation: Implementation of Global Minimum Tax and Hong Kong Minimum Top-up Tax

ACCA welcomes the opportunity to provide views in response to the consultation paper issued by the Financial Services and the Treasury Bureau (“FSTB”) on the proposed scheme to implement global minimum tax and Hong Kong minimum top-up tax. Our response is based on feedback from our Hong Kong Tax Committee and our wider network of international tax experts.

Consultation: Model AI Governance Framework for Generative AI

ACCA welcomes the opportunity to comment on the proposed framework issued by IMDA Singapore and Verify Foundation, Singapore. We support the importance and need for a trusted eco-system for AI and commend this initiative particularly given the rapid developments in using generative AI globally.

Consultation: Roadmap Report for Adoption of ISSB Disclosure Standards in Nigeria

ACCA welcomes the opportunity to provide views in response to the ARWG’s call for comments on the Roadmap Report for Adoption of IFRS Sustainability Disclosure Standards in Nigeria. We commend the Federal Reporting Council of Nigeria (FRCN) for being a first mover in committing to adopting the standards and leading the implementation efforts of the ARWG, wherein ACCA is represented.

Consultation on the Proposal of the New Audit Exemption Criteria for Private Companies in Malaysia

ACCA appreciates the opportunity to offer feedback on the proposed new audit exemption criteria for private firms in Malaysia, as outlined in the consultative document published by the Companies Commission of Malaysia (SSM) on 7 February 2024.

Consultation: Addressing the local audit backlog in England

ACCA welcomes the opportunity to respond to the Department for Levelling-Up Housing and Communities (DLUHC) public consultation. ACCA fully supports the proposed package of measures, appreciating that this has been a long-standing issue and DLUHC’s phased proposal seeks to address this and ensure a return to audit opinions meeting user’s needs in a timely manner.

High Income Child Benefit Charge threshold

Changes coming for parents earning £60,000 and above

CGT and UK residential property disposals

The higher rate of capital gains tax for residential property gains will be reduced

Raising standards in the tax advice market

Access to HMRC services, mandatory membership of a professional body and other options when working with HMRC

UK Budget – no game changer for UK economy

Read our comment

National Insurance contributions cut

As widely expected, employees and self-employed will benefit from a 2% NI cut

Growth Guarantee Scheme

Re-named scheme expected to support 11,000 businesses

A lack of support for skills and green policy

The Budget could have gone further to support both skills development and green policy in the UK

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.