The Institute of Chartered Accountants of Scotland (ICAS) has urged the UK government to collaborate with the Financial Reporting Council (FRC) to establish a robust regulatory framework for sustainability assurance. This call follows the FRC’s publication of its final report from the Assuranc
Icas
The Institute of Chartered Accountants of Scotland (ICAS) has urged the UK government not to view audit and corporate governance reform as the "enemy of economic growth". UK ministers are reportedly considering shelving the Audit Reform and Corporate Governance Bill promised in the King's Speech las
MHA partner Michael Reid has been ordered to pay a regulatory penalty of £11,500 following a number of failings. The penalty was imposed by the ICAS Authorisation Committee in December 2024 but was not made public until this morning, when a summary of the complaint was published by the Insolve
The Institute of Chartered Accountants of Scotland (ICAS) marks its 170th anniversary this month, celebrating its position as the world's oldest professional body for chartered accountants. Since its founding by Royal Charter in 1854, ICAS has played a pivotal role in shaping the global accounting p
Bruce Cartwright CA, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA). Mr Cartwright succeeds former chair Barry Melancon, who is retiring at the end of 2024, and will officially take up the role from January 20
Ahead of today's Scottish Budget, ICAS CEO Bruce Cartwright CA has stressed the need for fiscal stability, urging the government to avoid constant income tax adjustments. He points out that the Scottish Government has "limited levers" with which it can "help boost the economy and alleviate some of t
The co-author of Labour’s ‘partnership plan’ for business has said that the UK government “needs to move faster” to communicate its investment plan. Iain Anderson FRSA, co-founder and executive chairman of H/Advisors Cicero, told the ICAS CA Summit 24 that businesses we
ICAS has said Chancellor Rachel Reeves' Mansion House reforms, which include a consultation next year on UK Sustainability Reporting Standards for large companies, need to go further. The reforms announced in the Chancellor's maiden speech at Mansion House aim to establish a world-leading sustainabl
Industry voices will come together this month for the CA Summit, an award-winning global business event offering fascinating insights into how technology, socioeconomics and politics are redefining the way we live and work.
Commenting on what was perhaps the most highly anticipated Autumn Budget announcement in recent history, ICAS (the Institute of Chartered Accountants of Scotland) has said that the budget picks the pockets of UK businesses. Bruce Cartwright CA, ICAS CEO, said: "The government’s mani
Bruce Cartwright calls for transparency and a long-term focus in the upcoming Autumn Budget, emphasising the need for open communication about economic challenges and the impact of potential tax measures. It’s time for the government to be transparent with the public about the potential impact
The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre. The event is a key part of ICAS's revamped approach to training fut
Amidst £500 million in public spending cuts, the Institute of Chartered Accountants of Scotland (ICAS) has urged the Scottish Government to prioritise long-term financial planning, simplify the tax system, and standardise access to apprenticeships across the UK. ICAS also urged the government
The Institute of Chartered Accountants of Scotland (ICAS) has expressed its support for the new UK government's economic growth agenda, particularly welcoming the long-awaited commitment to audit reform and corporate governance, set out in a packed King’s Speech. The commitment to bring f
UK accountancy firms have praised the Institute of Chartered Accountants of Scotland (ICAS) for its redefined and market-leading approach to accountancy training. The new approach is already delivering impressive results for students and businesses alike through an evolved delivery model that gives