The accountancy profession faces a pivotal moment amidst rapid global change, writes ICAS chief executive Bruce Cartwright CA, discussing the future of the profession as the role of accountants evolves with the needs of society and stakeholders. At a time when the world is evolving faster
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Scotland's finance professionals and businesspeople gathered at ICAS' second Sustainability Summit to discuss ever-increasing sustainability and ESG reporting requirements. Held in collaboration with Accounting for Sustainability (A4S) at Edinburgh's Virgin Hotel, the event followed on from the inau
Alison Cornwell CA has been appointed as the new president of the Institute of Chartered Accountants of Scotland (ICAS) for 2024/25. Her appointment marks the fifth female to hold the position in ICAS’ 170-year history.
The Institute of Chartered Accountants of Scotland (ICAS) has marked a record year with the highest number of annual admissions in its 170-year history. Nearly 850 Chartered Accountants (CAs) joined the profession at its annual admission ceremony on 13 April.
The Institute of Chartered Accountants of Scotland (ICAS) has announced the biggest shake up in how it trains accountancy students in its 170-year history, with the launch of a new syllabus and a new way of learning for students. The new syllabus will make sure that the Chartered Accountant (CA
Consilium Chartered Accountants and the ICAS Foundation have announced a partnership aimed at fostering social mobility and inclusion within the accountancy profession. The collaboration seeks to create a "staircase of talent", providing financial support, mentorship, and training opportunities to y
Ken Thomson, the recently appointed chairman of the Institute of Chartered Accountants of Scotland's (ICAS) regulation board, has resigned after just a month in the role. His departure comes in the wake of controversy surrounding his previous role as head of the Covid co-ordination directorate of th
The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the revised UK Corporate Governance Code as a step in the right direction. Bruce Cartwright, chief executive at ICAS, said: “We support the FRC's approach to streamline changes to the new Corporate Governance Code. We belie
The Institute of Chartered Accountants of Scotland (ICAS) has expressed significant concerns about the latest Scottish Budget, labelling it as "short-sighted" and ineffective in fostering long-term economic growth. Bruce Cartwright CA, Chief Executive at ICAS, said: “The Scottish government&rs
Ahead of today's Scottish Budget, the Chartered Institute of Taxation (CIOT) and Institute of Chartered Accountants of Scotland (ICAS) have called on the Scottish and UK governments to use the tenth anniversary of the Smith Commission next year to review the implementation of Scotland’s devol
Responding to the omission of the Audit and Corporate Governance Reform Bill from the King’s Speech today, ICAS has warned of a detrimental impact and calls for the government to rethink its position. ICAS strongly advocates that the reforms that were intended to be included in the Audit and C
In a move to foster social mobility and diversity, Johnston Carmichael has teamed up with the ICAS Foundation in a collaboration to financially back young, disadvantaged Scots pursuing accountancy degrees, addressing educational inequality head-on. As part of the agreement, Johnston Carmichael will
The Institute of Chartered Accountants of Scotland (ICAS) has raised concerns in response to the Chancellor's announcement proclaiming an immediate cap on the Civil Service headcount. The UK government decided to introduce cap on headcount at its current level will be introduced with immediate effec
The Institute of Chartered Accountants of Scotland (ICAS) has expressed concerns to HM Treasury in its review of the supervisory model for anti-money laundering (AML) and counter-terrorism financing (CTF) compliance, with three of the models listed in the consultation putting recent progress in
The Institute of Chartered Accountants of Scotland (ICAS) has endorsed the UK government's recent decision against creating a single insolvency profession regulator.