Peter Herbert discusses the legal and accounting issues of paying dividends – particularly topical in the current climate.
Peter Herbert discusses Going Concern in our second bite size Financial Reporting webinar.
Peter Herbert discusses some topical issues for Practitioners in a short update webinar.
In the midst of the current unprecedented crisis, we’ve had a number of queries in recent days about stocktake attendance for 31 March 2020 year ends and the audit approach to adopt in the event that it is not possible to physically access a client’s premises to undertake testing.
As we’ve mentioned many times on courses
AUDIT ETHICS – FIVE TO WATCH
The FRC’s new Ethical Standard takes effect from 15 March 2020. Much has been said about the impact on larger firms that audit public interest entities (PIEs). Here are five to watch for smaller audit firms that don’t operate in that space:
1. Prohibition on contingent fees
Under the previous standard, firms
During the Autumn we’ve been delivering a number of Anti Money Laundering (AML) refresher and update sessions. Here are some of the key themes arising:
- Regulators are on the offensive
Supervisory bodies like ICAEW and ACCA are now regulated by an overall supervisory body called the Office for Professional Body Anti-Money Laundering Supervision (‘OPBAS’). A recent
Charitable Incorporated Organisations – Questions Answered
Charity update courses that we’ve been running this Autumn have prompted lots of questions about Charitable Incorporated Organisations (CIOs). Here are the some of the more interesting ones.
What is a CIO?
A charity structure which gives trustees limited liability but which, unlike the charitable company structure, is a ‘one stop shop’,
As the new academic year begins, so does the Academy school audit season. Delegates have been brimming with excitement during recent Insight Training courses! Here are five things that you must remember to do over the next few months to ensure that your audit files are compliant:
- Challenge pension numbers
Because Local Government Pension Scheme
Spring 2019 has seen a flurry of guidance about pension accounting. The changes are ‘niche’ and will not affect all organisations but will be impactful where they do apply. Here is a summary of the important issues arising:
More changes to FRS 102?
Revisions to FRS 102 published in May 2019 affect organisations that have multi-employer defined
Gift aid payments in charitable groups
Accounting for gift aid payments in charitable groups truly is the gift that keeps on giving (!) and is a topic that we’ve covered in previous blogs, notably in September 2018.
Here’s a quick reminder of the basics, which were established last year:
- When subsidiary profits are gift-aided to a parent