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
Acca
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
The majority of UK finance professionals have reported that hybrid working is increasing their productivity, while Scotland leads the world on hybrid working, according to ACCA's UK Talent Trends in Finance 2023 report.
Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for improved reporting on poor payment practices and an extension of the power of the Small Business Commissioner (SBC), as part of action to tackle the crippling effect of late payment on small businesses. In its
Accountancy professional body, the Association of Chartered Certified Accountants (ACCA), has observed a cautious return of confidence to the economy after months of economic turmoil.
Pupils from across Scotland got an early glimpse into the world of business at an online careers event hosted by the Association of Chartered Certified Accountants (ACCA). School students aged from 13-18 joined with teachers and parents to tour virtual displays and chat to employers and further