The Association of Chartered Certified Accountants (ACCA) has called on the Scottish Government to ensure work-based qualifications and training are placed at the centre of ongoing reform to Scotland’s skills system. In a letter sent to the minister for higher and further education, Graeme Dey
Acca
The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy. In a critical open letter, the ACCA pinpointed three core areas requiring imme
ACCA (the Association of Chartered Certified Accountants) has urged the UK government to put ethics, transparency and governance at the heart of its AI (artificial intelligence) policy.
Recent data unveiled by ACCA has highlighted significant issues UK accountants face when interacting with HMRC services at even the most basic level. Over half (52%) of the surveyed UK ACCA members voiced concerns that HMRC's service quality was negatively affecting their work efficiency. This
The Association of Chartered Certified Accountants (ACCA) has expressed concerns regarding the preparedness of UK local authorities to embrace the International Financial Reporting Standard (IFRS) 16, which pertains to lease accounting. Responding to a consultation on the update to the Code of Pract
Johnston Carmichael, the Association of Chartered Certified Accountants (ACCA), and Aberdeenshire Council’s Foundation Apprenticeship Team, have collaborated to launch a new qualification in accountancy. This new Foundation Apprenticeship (FA) course in accountancy, already embraced by 36
ACCA Scotland has responded to the UK government's plans to launch more stringent initiatives to curtail the persistent problem of late payments, which particularly plagues SMEs. This move is part of the forthcoming Prompt Payment & Cash Flow Review aimed at reinforcing and better executing curr
Accountants and financial professionals have shown optimism about the role of digital technology, including artificial intelligence (AI), in transforming their industry, according to the ACCA's (Association of Chartered Certified Accountants) Digital Horizons report.
Giving written evidence to the UK Parliamentary Treasury Committee inquiry into SME finance, ACCA set out a gloomy picture of SMEs struggling to access finance. Drawing on its Global Economic Conditions Survey (GECS), ACCA says that the proportion of SMEs having problems accessing finance remains be
In a recent response to the Department of Business and Trade's (DBT) survey on non-financial information, the Institute of Chartered Accountants of Scotland (ICAS) highlighted the significance of non-financial reporting for businesses.
HM Revenue & Customs (HMRC) has disclosed that nearly 25% of the funds provided through a multi-billion-pound tax relief scheme, aimed at spurring research and development (R&D) in small to mid-sized companies, was lost to error and fraud between 2020 and 2021. This figure, marking one of th
The head of the Association of Chartered Certified Accountants (ACCA) Scotland, Susan Love, has expressed concerns over the deteriorating service standards at HMRC, attributing this to a lack of investment. The decline has strained relationships between HMRC, compliant taxpayers and their agents, ac
Scottish financial professionals are liberated to add even greater value by the advance of digital technology, according to Helen Brand, chief executive of the Association of Chartered Certified Accountants (ACCA). In a recent address to the PrimeGlobal business leadership conference in Edinburgh, M
New research by The Association of Chartered Certified Accountants (ACCA) and BDO, the international network of public accounting, tax and advisory firms, has revealed how the role of the CFO is growing to include driving business decisions and reporting on the non-financial areas of their operatio
New research by Scottish institutions ACCA (Association of Chartered Certified Accountants) and the University of Glasgow’s Adam Smith Business School highlights a shortfall in the disclosure of research and development (R&D) spending by over half (53%) of surveyed organisations. Despite f