Tag Archives: ICAEW

ICAEW Applying to be Regulator for Tax-Related Legal Services

The ICAEW (Institute of Chartered Accountants in England & Wales) has applied under the Legal Services Act 2007 to be a regulator for tax-related legal services. Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com Advertisements

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Accounting Discipline by ICAEW – Failure of Quality Assurance and Practice Possibly Ceased

The ICAEW this month made an accounting discipline finding against a West Yorkshire accountant in their 70s for failure of quality assurance. The accountant is, or was, a sole practitioner who failed to respond to quality assurance issues raised with … Continue reading

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General Anti-Avoidance Rule Hitting Wrong Target ?

The Institute of Chartered Accounts has published a response, TaxRep 55/13, to HMRC’s August consultation on targeting promoters of dubious tax schemes. The problem is that adding yet another layer of expensive compliance onto already regulated tax advisers will just … Continue reading

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FRC says accountants must quiz banks more

“Accountants still fail to question banks properly over how they make provisions for poorly performing loans on their books, Britain’s auditing policeman said on Wednesday. The criticism goes to the heart of regulatory efforts since the 2007-09 financial crisis to … Continue reading

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ICAEW posts loss as disciplinary funding bites

“A £3m SWING in funding the profession’s disciplinary watchdog has seen the ICAEW post a loss. The institute faced a net charge of £1.8m in its contribution to the Accounting and Actuarial Discipline Board, an arm of the Financial Reporting … Continue reading

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Margaret May V CIMA, Revised High Court Judgment Date

The revised date for the High Court judgment in the judicial review of Margaret May and CIMA is now expected to be delivered in early June. This is a high-profile case and it is hoped the High Court ruling might … Continue reading

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Accountants – Disciplinary Process

If you are a member of ICAEW (or other accounting or auditing body) and have a complaint against you I would advise legal help with your approach at the earliest stage, even if the legal help is on an intermittant … Continue reading

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