The provisional agreement thrashed out between the UK and European Union in December does not do enough to clarify what the transition to Brexit will mean for business. That is the verdict of nearly seven out 10 Chartered Accountants in the latest ICAS Brexit Tracker survey. The survey asked respondents whether they found the provisional… Read More Brexit: the time has come for clarity
By Steve Bruce CA Steve Bruce discusses organisational culture and the challenges for internal audit. In a follow-up article he will focus on why internal audit should audit culture and highlight the different approaches and challenges when carrying out this audit.
Jeremy Clarke CA gives his advice on M&A and the dangers of thinking like Peter Pan. A friend of mine who recently collected his free bus pass commented that, even though his body gives him grief on an almost daily basis, in his head he thinks he’s still in his mid-thirties.
Corruption is a big issue internationally, not just from an ethics point of view but also economically. The UN says that every year around the globe over US$1tn is paid in bribes and a further US$2.6tn is stolen or goes missing as a result of corruption. That’s over 5% of global GDP. Corruption negatively affects… Read More ICAS members join forces against corruption
By Philip McNeill, Head of Taxation (Tax Practice and Owner Managed Business Taxes) There’s a right way to declare and pay dividends. Getting it wrong can have serious consequences – particularly for close company clients, but potentially for advisers as well, explains Philip McNeill. Back to basics Dividends are not dividends unless they are properly… Read More The right way to declare and pay dividends
By David Menzies CA, Director of Practice, ICAS With just under three months remaining until the General Data Protection Regulations (GDPR) come into effect in the UK on 25 May 2018, David Menzies looks at how firms can be preparing for GDPR and how ICAS will provide support in this area. By now, all practitioners… Read More How to prepare for GDPR