FRC clarifies going concern guidance

The Financial Reporting Council has clarified its guidance for auditors during the Covid-19 crisis, confirming going concern standards have not changed

FRC and BEIS update: company filings and AGM advice

The financial regulator and government have updated their Q&As for company AGMs as they react to the Covid-19 crisis

Frontline charities receive £750m in government cash

Charities across the UK will receive a £750m package of support to ensure they can continue their vital work

New IFRS guidance and timetable changes released

An update on how the IFRS Foundation is responding to issues arising from the pandemic

Member update: Covid-19 policy response

ACCA is providing ongoing support for members during this challenging period

VAT on e-publications scrapped

The UK government move will slash costs of e-books, newspapers and magazines, improving accessibility, seven months ahead of planned abolition

FRC issues guidance on interims in wake of Covid-19

The Financial Reporting Council has updated its guidance for corporate reporting to now include advice on half-year results and statements

Insolvency law change delivers options for distressed businesses

The Corporate Insolvency and Governance Bill will enable companies undergoing a restructuring and rescue process to continue trading

Covid-19: any relief for landlords?

The government has issued non-statutory guidance for the private and social rented sectors

Technical factsheet: how to submit a good-quality suspicious activity report (SAR) using the NCA SARs online portal

Follow this useful guide to ensure you provide the right information to the National Crime Agency

The role of public procurement in supporting SMEs towards sustainable recovery

Online event on the role of public procurement in supporting SMEs towards sustainable recovery

Fee disputes and negligence

Inadequate letters of engagement have affected accountants and their professional indemnity insurers' ability to defend claims

Engagement letters for tax practitioners

Engagement letters for tax practitioners provide guidance about engagement letters for tax work, including VAT schedules following Brexit

Diversity, inclusion and belonging – supporting the agenda in the post-pandemic workplace

Discussion on how to address the complex issue of diversity in organisations and make sure that the COVID-19 pandemic does not widen the inequality gap in the workplace.

Accounting for Trust in Governmental Reporting

An ACCA-sponsored report written by Dr. Ekaterina Svetlova and Dr. Silvia Pazzi from the University of Leicester calls on governmental financial planners to make government reporting more accessible, engaging and technologically advanced

Technical factsheet: Treatment of off-payroll arrangements – IR35 summary

The aim of IR35 is to seek to prevent contractors avoiding tax and national insurance contributions by treating them as employees for tax purposes.

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Guide to... corporation tax reliefs and allowances

Corporation tax reliefs and allowances help you to minimise your corporation tax liability

Guide to... salary or dividends: tax calculations

We explain the basics in deciding between paying yourself salary or awarding dividends from your limited company for the tax year

Guide to... capital gains tax for individuals, sole traders and partnerships

Personal and business capital gains are treated differently, depending on whether you are self-employed (as a sole trader or in a partnership) or trade as a limited company

Guide to... chargeable gains for companies

Capital gains for limited companies and unincorporated associations (eg clubs and co-operatives) are dealt with through corporation tax and are referred to as chargeable gains

ACCA's response to the EC's consultation on Sustainable Corporate Governance

ACCA welcomes the opportunity to contribute to the EC consultation on a Proposal for an Initiative on Sustainable Corporate Governance, and foremost agrees that sustainability needs to be further embedded into corporate governance frameworks. Covid-19 has forced companies to re-think their purpose and strategy for the long-term and now is a better time than ever to introduce more effective measures to make sure this happens, otherwise businesses will not be able to survive, thrive and make better impacts on people, the environment and society at large. As we have noted before, sustainable corporate governance is not only about compliance it is also about creating value and building a viable recovery.

FRC's Discussion Paper - Future of Corporate Reporting

ACCA welcomes the opportunity to provide views in response to the Financial Reporting Council’s discussion paper, A Matter of Principles: The Future of Corporate Reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

Interim guidance on the CJRS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

ACCA guide to... apprenticeship funding

Apprenticeships are a highly cost-effective way for employers to recruit and develop ambitious new talent to help realise business ambitions

Technical factsheet: apprenticeships in the finance function

Apprenticeships are a highly cost-effective way for you to recruit and develop ambitious new talent to help you

FRC Proposed International Standard on Auditing (UK) 240 (Revised 2021)

ACCA welcomes the proposed International Standard on Auditing (UK) 240 (Revised 2021), The Auditor’s responsibilities Relating to Fraud in Audit of Financial Statements, as part of the FRC’s response to the concerns regarding the lack of clarity in the standard as to the auditor’s obligations raised particularly in the Brydon’s report.

Consultation response on Draft Endorsement Advice on IFRS 17 Insurance Contracts - June 2020 Amendments

ACCA's response to EFRAG's consultation on Draft Endorsement Advice on IFRS 17 Insurance Contracts as resulting from June 2020 Amendments

Effective engagement letters

A robust document will help protect your practice from legal action as well as delivering business benefits

Isle of Man Financial Services Authority Discussion Paper - Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

ACCA’s response to the Isle of Man Financial Services Authority discussion paper on Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

Isle of Man Financial Services Authority Discussion Paper - Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

ACCA’s response to the Isle of Man Financial Services Authority discussion paper on Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

Guide to... FAQs about expenses to claim when running a business from home

Find out what you can and cannot claim for – from utilities to maintenance costs

Guide to... tax inspections and how to avoid them

when it comes to mistakes, ignorance is no defence, so firms have to take every care when completing their returns and ensure that they are on time – in other words, don’t give HMRC any cause for concern.

Guide to... what to do when you lose your tax records

Unforeseen circumstances – such as a fire or flood in your premises – could mean you lose your tax and accounting records. In this guide, we explore what to do if you lose financial records and what help you can expect from HMRC.

Value Added Tax – Middle East Lessons Learnt

The Middle Eastern countries of the Gulf Cooperation Council (GCC) have relied upon petrodollars to fund their economies for many years. Investment in mega infrastructure projects to transform their countries into economic hubs, diversifying their economies to centres of trade, commerce, hospitality and tourism have all financed heavily from oil revenues.

Brexit impact on recognition of professional qualifications

Find out more about how you may be affected

ACCA’s Public Sector Roundtables: Continuing Two Important Conversations with the Experts

As part of the 10th-annual Virtual Public Sector Conference (VPSC), ACCA’s Public Sector Team convened two roundtables to continue conversations from our VPSC with a number of expert participants.

Policy submission: concern over tax compliance and filing deadlines

In December 2020 ACCA wrote to HMRC about members' concerns over the approaching self-assessment filing deadline.

IASB's Business Combinations — Disclosures, Goodwill and Impairment consultation

ACCA welcomes the opportunity to provide views in response to the IASB’s discussion paper on business combinations. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

IFRS Foundation - Consultation on Sustainability Reporting

ACCA welcomes the opportunity to provide views in response to the IFRS Foundation’s consultation paper on sustainability reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

ACCA guide to... Post-Brexit UK border controls

Read our overview of the phased approach to the new Border Operating Model

ACCA's feedback to Isle of Man FSA 2021/22 proposed fees consultation

ACCA welcomes the opportunity to provide feedback on the proposed fees for 2021-2022. We represent ACCA members and firms of accountants registered with the Authority to provide financial services in the Isle of Man (IOM). Our response to this consultation is informed by members’ input obtained from the ACCA Members’ Network in the IOM.

Technical factsheet: visiting the UK or EU after the transition period

This technical factsheet offers a guide to the major changes including around passports, visas, right to work, health insurance and driving

Technical factsheet: freedom of movement to live and work in the EU or UK after the transition period

On 31 December 2020, the transition period between the UK and EU formally closes and freedom of movement to live and work between the EU, EAA, Swiss and UK states will change.

Technical factsheet: freedom of movement to study in the UK or EU after the transition period

After 31 December 2020, the rules for UK students at EU institutions and vice versa change

Technical factsheet: ATOL reporting to the Civil Aviation Authority

ATOL reporting accountants must fulfil the CAA's requirements

'Accounting for human capital' webinar

As the European Commission is preparing its renewed sustainable finance strategy, including the revision of the Non-Financial Reporting Directive, ACCA and the Adecco Group are delighted to invite you to a Chatham House rule interactive webinar to brainstorm on 'Accounting for human capital'.

ACCA joins call to action: Supporting SMEs' access to COVID-19 support funding via professional advice

ACCA joins call to action: Supporting SMEs' access to COVID-19 support funding via professional advice

Ten common tax elections and claims

We look at some of the more common elections and claims that are useful tax planning or compliance tools

Technical factsheet: business recovery options

This factsheet explores the recovery work you can undertake with your clients, and provides guidance on when you would need to consider other options in light of the new Corporate Insolvency and Governance Act 2020.