(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Fintech, Information Technology

Banking is open for innovation

By Chris Sheedy Open banking is about to become big news in 2019, but what does it mean for customers and improving service delivery? You’re on the hunt for a new credit card and goodness, it’s the most dreary task you’ve ever attempted (apart from that awful day, two years ago, that you wasted trying… Read More Banking is open for innovation

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Financial Reporting

Mandatory reporting of cross-border arrangements

By Susan Cattell Susan Cattell explains why tax advisers and accountants should consider whether they will need to report certain cross border arrangements, as the UK implements the EU Directive (DAC 6) on mandatory reporting. Background The Panama Papers gave increased impetus internationally to measures to improve tax transparency. The UK government consulted on UK proposals… Read More Mandatory reporting of cross-border arrangements

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Careers

Finance from a female lens

On International Women’s Day we ask if women get fair representation when it comes to personal finance? The CA magazine, in association with Investec Wealth & Investment, brought together a panel of advisers, tax experts and women in business to consider the issues around personal finance from a female perspective. Chairing the discussion was Laura Lambie, Senior Investment… Read More Finance from a female lens

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Business Management

Good onboarding = staff retention and high performance

By Chris Sheedy Onboarding a new employee is the first good impression a company can make – but why do so many businesses get it wrong and how can the process improve? A study by recruitment firm Robert Half claims that 98% of Australian businesses recognise their onboarding systems and processes are insufficient. Most surprising… Read More Good onboarding = staff retention and high performance

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Financial Reporting

UK accounting regulator to be replaced

By Anne Adrain The Business Secretary Greg Clark has announced that a new enhanced regulator will be established to transform the audit and accounting sector in response to the comprehensive Independent Review led by Sir John Kingman. As per the Review’s recommendations, the Financial Reporting Council (FRC) will be replaced with a new regulator called… Read More UK accounting regulator to be replaced

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article.

How Slave-Free Alliance helps protect business from slavery and human trafficking

ICAS is working with Hope for Justice, a global non-profit organisation which aims to end human trafficking and modern-day slavery. Hope for Justice provides training in how to spot the signs of modern slavery and how to respond. It works with the police and other agencies to rescue victims of modern slavery and then restore and… Read More How Slave-Free Alliance helps protect business from slavery and human trafficking