In this podcast series from the Institute of Chartered Accountants in England and Wales (ICAEW), a panel of guests dissect the latest headlines and provide expert analysis on the top stories from across the world of business, finance and accountancy
…
continue reading
Master the business of the Web3 Economy with timely news and insights on NFTs, DAOs, Social Tokens, Tokenized Securities, DeFi, and the Decentralized Creator Economy. Sign up for the newsletter and podcasts at: theweb3economy.com
…
continue reading
In this episode, we recap revisions to ISA 600 on group audit, and we discuss the likely contents of the AI Bill that is expected to be brought to Parliament before the end of the year. Philippa Lamb is joined by Catherine Hardinge, Partner at Price Bailey; and Oliver Nelson-Smith, Tech Policy Manager at ICAEW. Time codes 00:30 Group audit 06:18 AI…
…
continue reading
In this episode of Behind the Numbers, we discuss the introduction of tourism taxes in the UK. During 2024, such taxes have been introduced in Manchester, Poole, Bournemouth and Brighton. Now, Edinburgh City Council has put forward draft proposals for a visitor levy scheme, which would charge visitors 5% of their accommodation costs per night for u…
…
continue reading
1
Accountancy Insights: Taxing cryptoassets and reporting suspicions of fraud
19:20
19:20
나중에 재생
나중에 재생
리스트
좋아요
좋아요
19:20
In this episode, we discuss the available guidance on, and the application of general principles to, the taxation of cryptoassets; as well as how auditors should be acting on their obligation to report suspicions of fraud to the regulator. Philippa Lamb is joined by Richard Jones, Senior Technical Manager in Tax Policy at ICAEW; Dion Seymour, Crypt…
…
continue reading
1
Behind the Numbers: How to stop accountancy’s brain drain
30:35
30:35
나중에 재생
나중에 재생
리스트
좋아요
좋아요
30:35
In this episode of Behind the Numbers, we discuss ways to improve recruitment and retention in accountancy. While the pipeline of new joiners remains healthy, holding onto qualified staff is proving challenging. New research by ICAEW on mid-tier firms demonstrates just how significant the issue is – with 70% of participants identifying talent as th…
…
continue reading
1
Accountancy Insights: Business confidence, local authority finance, probate delays, and tax reform
40:33
40:33
나중에 재생
나중에 재생
리스트
좋아요
좋아요
40:33
In this bumper episode, we discuss the latest findings of ICAEW’s Business Confidence Monitor and why three-quarters of councils in England are at least a year behind in publishing audited accounts. Plus, we hear an update on the probate service and explore ICAEW’s recommendations for the new government’s business tax road map. Philippa Lamb is joi…
…
continue reading
1
Behind the Numbers: Why are female-led startups so underfunded?
35:16
35:16
나중에 재생
나중에 재생
리스트
좋아요
좋아요
35:16
In this episode of Behind the Numbers, we discuss gender inequality in investment. Women continue to be underrepresented in venture capital, particularly at senior levels. The scales are even less balanced for female founders, who received just 2% of venture capital funding in recent years. As the new government puts productivity and growth at the …
…
continue reading
One week on from the general election, this special episode of Accountancy Insights discusses the policies of the new UK government. The Labour Party has taken power with a sweeping victory not seen since 1997. Now, it faces the same challenge that successive governments have struggled to tackle: kickstarting the UK economy. With little room for ma…
…
continue reading
1
Behind the Numbers: Groupthink – the boardroom’s most pervasive problem?
39:55
39:55
나중에 재생
나중에 재생
리스트
좋아요
좋아요
39:55
In this episode of Behind the Numbers, we discuss strategies to prevent and tackle groupthink at board level. By suppressing debate and disrupting effective decision-making, groupthink poses a significant governance challenge for firms. Notably, the recent scandal over fee transparency at wealth manager St James’s Place – which has set aside £426m …
…
continue reading
1
Accountancy Insights: Corporate reporting update and VAT on private hire vehicles
20:02
20:02
나중에 재생
나중에 재생
리스트
좋아요
좋아요
20:02
In this episode, we discuss important developments in corporate reporting, including amendments to UK GAAP, new standards IFRS18 and IFRS19, and the timeline for implementing IFRS S1 and IFRS S2. We also discuss the evolving VAT treatment of private hire vehicles as a result of recent court cases and how the Treasury may seek to respond. Philippa L…
…
continue reading
1
ICAEW Insights In Focus: AI in audit - the good, the bad and the ugly
39:57
39:57
나중에 재생
나중에 재생
리스트
좋아요
좋아요
39:57
In this ICAEW Insights In Focus episode, we discuss the use of artificial intelligence in audit. Depending on who you talk to, generative AI is either going to revolutionise the way auditors work or replace certain roles in the sector entirely. The truth probably lies somewhere in between. So, how are auditors beginning to use AI? And how can pract…
…
continue reading
1
ICAEW Insights: Company size thresholds and CGT on residences
19:59
19:59
나중에 재생
나중에 재생
리스트
좋아요
좋아요
19:59
In this episode of the ICAEW Insights podcast, we discuss upcoming changes to company size thresholds and what they mean for reporting requirements. Plus, with capital gains tax in the headlines, we explore the rules and restrictions when it comes to selling residential property. Philippa Lamb is joined by Sally Baker, Head of Corporate Reporting S…
…
continue reading
1
ICAEW Insights In Focus: Lessons in leadership from ICAEW's CEO
33:40
33:40
나중에 재생
나중에 재생
리스트
좋아요
좋아요
33:40
In this special bonus episode of Insights In Focus, we meet new ICAEW CEO Alan Vallance to discuss the leadership lessons of his career. Alan is an ICAEW Chartered Accountant and joined the Institute as CEO in April 2024. His career has spanned various sectors and countries, as well as detailed experience in leading membership bodies RIBA and the C…
…
continue reading
In this Insights In Focus episode, we discuss how accountants can build the skills needed to take on leadership and executive roles during their careers. In a recent report by the Financial Times, one anonymous headhunter was quoted as saying: “If America is run by lawyers, then the UK is run by accountants.” It’s backed up by the data, too: around…
…
continue reading
1
ICAEW Insights: A busy new tax year, plus progress on the Economic Crime Act
17:54
17:54
나중에 재생
나중에 재생
리스트
좋아요
좋아요
17:54
In this episode, we discuss why the arrival of the 2024/25 tax year is particularly busy for accountants, and the main changes to be aware of from 6 April. Plus, six months on from the passing of the Economic Crime and Corporate Transparency Act, we learn what progress has been made to enact its various provisions. To shed light on those two topics…
…
continue reading
1
ICAEW Insights In Focus: Does Britain have a farming problem?
24:36
24:36
나중에 재생
나중에 재생
리스트
좋아요
좋아요
24:36
In this Insights In Focus episode, we discuss how changes to the funding of British farms could affect the UK’s broader economic resilience. As a result of Brexit, British farms will stop benefiting from the EU Common Agricultural Policy by the end of 2027. The policy paid subsidies largely regardless of land use. Now, farmers need to transition to…
…
continue reading
1
ICAEW Insights In Focus: Budget 2024 – does it change anything?
26:04
26:04
나중에 재생
나중에 재생
리스트
좋아요
좋아요
26:04
In this Insights In Focus episode, we discuss the contents of the 2024 Spring Budget and their likely impacts on the UK economy. The Spring Budget was delivered against the backdrop of recession and persistent inflation. While the Chancellor had better-than-expected headroom for delivering tax cuts, the UK economy and its public finances are still …
…
continue reading
1
ICAEW Insights In Focus: Will accountants save the world? With ICAEW CEO Michael Izza
28:17
28:17
나중에 재생
나중에 재생
리스트
좋아요
좋아요
28:17
In this Insights In Focus episode, we catch up with ICAEW Chief Executive Michael Izza ahead of his stepping down from his role later this month. Izza has been with ICAEW since 2002 and Chief Executive since 2006. In that time, he’s steered the Institute through the global financial crisis, the pandemic and the early stages of a global technologica…
…
continue reading
1
ICAEW Insights: ISQM, preparing and filing accounts, and public practice
23:07
23:07
나중에 재생
나중에 재생
리스트
좋아요
좋아요
23:07
In this episode, we discuss how firms can maintain momentum on the International Standard of Quality Management, as well as changes in preparation and filing as a result of the Economic Crime and Corporate Transparency Act. We also hear about ICAEW’s new podcast, The Tax Track, and changes to the Engaging in Public Practice certificate. Philippa La…
…
continue reading
1
ICAEW Insights In Focus: Where next for audit and governance reform?
34:42
34:42
나중에 재생
나중에 재생
리스트
좋아요
좋아요
34:42
In this Insights In Focus episode, we discuss the future of audit and corporate governance reform. Back in May 2022, after years of reviews and consultations, the government announced its plans for reform. The key proposals included the area of a new audit regulator, a wider definition of public interest entities, and ensuring that FTSE 350 firms w…
…
continue reading
1
ICAEW Insights In Focus: What can we expect from 2024?
34:29
34:29
나중에 재생
나중에 재생
리스트
좋아요
좋아요
34:29
In this Insights In Focus episode, we discuss what 2024 is likely to bring for businesses and their accountants. Beyond a Spring Budget and elections on both sides of the Atlantic, there are few certainties for the coming 12 months. Looking at ICAEW’s Business Confidence Monitor and forecasts from the Office for Budget Responsibility and the Bank o…
…
continue reading
1
ICAEW Insights In Focus: COP28 - making the business case for nature
23:17
23:17
나중에 재생
나중에 재생
리스트
좋아요
좋아요
23:17
In the second of two special Insights In Focus episodes, guest host Mark Rowland shares news and views from COP28 in Dubai. This episode focuses on capacity building within the finance profession and making the business case for a nature-positive transition. Mark is joined in the studio by Sarah Reay, Climate Change Manager, ICAEW; Jessica Fries, E…
…
continue reading
1
ICAEW Insights In Focus: COP28 - what does transition planning mean for accountants?
20:42
20:42
나중에 재생
나중에 재생
리스트
좋아요
좋아요
20:42
In the first of two special Insights In Focus episodes, guest host Mark Rowland shares news and views from COP28 in Dubai. This episode focuses on the importance of transition plans in achieving net zero. In the studio, ICAEW Climate Change Manager Sarah Reay and Resilience First’s Shazre Quamber-Hill explain why transition planning is a vital part…
…
continue reading
1
ICAEW Insights In Focus: What’s in the Economic Crime Act 2023?
31:27
31:27
나중에 재생
나중에 재생
리스트
좋아요
좋아요
31:27
In this Insights In Focus episode, we explore the contents and implications of the Economic Crime and Corporate Transparency Act 2023. After a challenging route through Parliament, the Act finally received Royal Assent in late October. It promises sweeping changes to Companies House and reporting requirements for SMEs. Crucially, it also covers whe…
…
continue reading
1
ICAEW Insights: ICAEW/CIPFA dual membership, cyber security trends, and economic renewal
17:17
17:17
나중에 재생
나중에 재생
리스트
좋아요
좋아요
17:17
The ICAEW Insights podcast explores the month’s top stories in accountancy. In this episode, we explain how ICAEW members can apply for dual membership with the Chartered Institute of Public Finance and Accountancy (CIPFA). We also discuss the key points and learnings from this year’s Cyber Security Awareness Month and hear how ICAEW’s Resilience a…
…
continue reading
1
ICAEW Insights In Focus: How to build a workforce of the future
33:08
33:08
나중에 재생
나중에 재생
리스트
좋아요
좋아요
33:08
In this Insights In Focus episode, we explore strategies to expand and upskill Britain’s workforce. Low unemployment is currently twinned with high vacancies, leading to a tight labour market. One cause is an increase in the number of economically inactive. And ICAEW’s Business Confidence Monitor has flagged a lack of non-management skills as an es…
…
continue reading
1
ICAEW Insights: Building a resilient economy, plus self assessment deadlines
11:18
11:18
나중에 재생
나중에 재생
리스트
좋아요
좋아요
11:18
In this episode, we discuss a new content series recently launched by ICAEW: ‘Resilience and renewal: building an economy fit for the future’. The campaign explores the main challenges facing the UK economy and how chartered accountants are integral in addressing them. Plus, we share key deadlines for those filing self assessment returns and the pe…
…
continue reading
1
ICAEW Insights In Focus: Why do good people do bad things?
41:19
41:19
나중에 재생
나중에 재생
리스트
좋아요
좋아요
41:19
In this Insights In Focus episode, we discuss professional ethics and seek to answer the age-old question: why do good people do bad things? Accountants are increasingly acting as an ethical compass for their employers and clients. It’s a natural fit for a profession that has a deep understanding of business and a professional duty to act in the pu…
…
continue reading
1
ICAEW Insights: VAT exemptions for private schools and final CPD update
16:39
16:39
나중에 재생
나중에 재생
리스트
좋아요
좋아요
16:39
The ICAEW Insights podcast explores the month’s top stories in accountancy. In this episode, we discuss Labour’s proposals for removing VAT exemptions from private schools and the disagreement over just how much money it would raise for the public purse. Plus, in our final CPD update before the new regulations come into force on 1 November, we answ…
…
continue reading
1
ICAEW Insights In Focus: The PM’s pledges: where are we now?
36:58
36:58
나중에 재생
나중에 재생
리스트
좋아요
좋아요
36:58
In this Insights In Focus episode, we analyse the health of the UK economy through the lens of the Prime Minister’s pledges for 2023. Back in January, Prime Minister Rishi Sunak made five pledges for the year ahead. Three of those related to indicators of economic and fiscal health: halving inflation, stimulating growth, and reducing the national d…
…
continue reading
1
ICAEW Insights: ISSB standards, E-Commerce Trade Commission, and CPD update
18:08
18:08
나중에 재생
나중에 재생
리스트
좋아요
좋아요
18:08
The ICAEW Insights podcast explores the month’s top stories in accountancy. In this episode, we discuss the contents of the International Sustainability Standards Board’s first two published standards; ICAEW’s role in the newly launched E-Commerce Trade Commission; and firms’ responsibilities under new CPD regulations launching 1 November 2023. Phi…
…
continue reading
1
ICAEW Insights In Focus: Commercial property - economic bellwether or laggard?
28:01
28:01
나중에 재생
나중에 재생
리스트
좋아요
좋아요
28:01
In this Insights In Focus episode, we analyse the UK’s current economic turbulence through the lens of the commercial property sector. With capital values down 15% in the last year, has bricks and mortar lost its attractiveness to investors? And, with inflation remaining stubbornly persistent, what do trendlines in the sector tell us about the UK e…
…
continue reading
1
ICAEW Insights: Digitalisation and gender bias in tax, plus CPD update
25:11
25:11
나중에 재생
나중에 재생
리스트
좋아요
좋아요
25:11
The latest ICAEW Insights podcast shares the month’s top stories in accountancy. This episode analyses the tax system from two different angles: progress made in digitalisation and towards gender equality. Plus, details of changes to ICAEW member CPD are explored ahead of their November live date. Philippa Lamb learns more from ICAEW experts Caroli…
…
continue reading
In this Insights In Focus episode, we explore how the introduction of sustainability assurance, both voluntary and mandatory, is affecting firms of all sizes. Back in April 2022, the UK became the first G20 nation to bring recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) into law. TCFD requirements only apply to t…
…
continue reading
1
ICAEW Insights In Focus: How can tax design better deliver tax policy?
36:49
36:49
나중에 재생
나중에 재생
리스트
좋아요
좋아요
36:49
In this special Insights In Focus episode, we discuss the changes to tax architecture and design that may strengthen the UK’s national bargain as economic turbulence continues. The national bargain – the broad agreement that taxation is a fair exchange for the provision of public services – has fluctuated over time. Most recently, polling by YouGov…
…
continue reading
1
ICAEW Insights: Cyber security, taxing green travel and public finances
22:17
22:17
나중에 재생
나중에 재생
리스트
좋아요
좋아요
22:17
On the latest ICAEW Insights podcast, we explore the month’s key developments in accountancy. This episode discusses the findings of the government’s Cyber Security Breaches Survey, how hybrid working is affecting the taxation of greener forms of transport, and the release of public finance figures for April 2023. Philippa Lamb goes beyond the head…
…
continue reading
1
ICAEW Insights In Focus: Managing talent in a hybrid world
34:05
34:05
나중에 재생
나중에 재생
리스트
좋아요
좋아요
34:05
In this Insights In Focus episode, we discuss best practice in hiring, training and safeguarding talent under hybrid working. It has been more than three years since the pandemic saw office workers decamp to living rooms, kitchens and bedrooms, upending decades of established working practices. Now, hybrid working is the norm and considered essenti…
…
continue reading
1
ICAEW Insights: VAT at 50, TAM Day and engaging in public practice
20:49
20:49
나중에 재생
나중에 재생
리스트
좋아요
좋아요
20:49
On the latest ICAEW Insights podcast, we discuss the month’s key developments in accountancy. This episode examines VAT as the tax reaches its 50th birthday, announcements made by the government at Tax Administration and Maintenance Day on 27 April, and upcoming changes to ICAEW’s statement on engaging in public practice. Philippa Lamb is joined by…
…
continue reading
1
ICAEW Insights In Focus: Getting SME investment back on track
28:15
28:15
나중에 재생
나중에 재생
리스트
좋아요
좋아요
28:15
In this Insights In Focus episode, we discuss the obstacles and incentives to SME investment. In recent years, a string of crises and ongoing economic uncertainty has dampened investment across the board. Office for National Statistics figures show that business investment remains lower than pre-pandemic levels and fell 0.2% in Q4 2022. The March B…
…
continue reading
1
ICAEW Insights In Focus: Ageing population – a public finance timebomb?
26:29
26:29
나중에 재생
나중에 재생
리스트
좋아요
좋아요
26:29
In this special Insights In Focus episode, we discuss how the UK’s changing demographics are having an impact on public finances and policymaking. The latest census revealed that almost a quarter of the UK’s population is now aged 60 or over. Meanwhile, recent research claims NHS spending will have to increase yearly by 3% to meet demand. There’s a…
…
continue reading
On the latest ICAEW Insights podcast, we examine how recent developments are affecting the accountancy profession. This month, we discuss the responsible use of generative artificial intelligence tools such as ChatGPT; the impact of rising corporation tax and changing R&D credits; and how to get involved in the FRED 82 consultation on UK GAAP. Phil…
…
continue reading
In this Insights In Focus episode, we discuss the effectiveness of local authority audit and assurance. Many local authorities are facing a difficult financial situation, with pressure to deliver services at a time of stretched resources. There are also questions regarding the timely delivery and usefulness of their audited accounts – and whether c…
…
continue reading
1
ICAEW Insights: Budget 2023 - a hope or hindrance for business?
34:40
34:40
나중에 재생
나중에 재생
리스트
좋아요
좋아요
34:40
On the latest ICAEW Insights podcast, we explore the contents of the 2023 Spring Budget and the likely impacts on UK businesses and the work of finance professionals alike. Coming only five months after Chancellor Jeremy Hunt’s Autumn Statement, which hastily course-corrected from September 2022’s ‘fiscal event’, the Spring Budget was expected to b…
…
continue reading
1
ICAEW Insights In Focus: How accountancy can win the talent war
36:29
36:29
나중에 재생
나중에 재생
리스트
좋아요
좋아요
36:29
In this ‘Insights In Focus’ episode, we discuss ways to attract and retain talent in the accounting profession. Last year saw the UK accountancy sector’s graduate intake fall for the first time since 2008. Meanwhile, job applications across the sector fell by more than a third, compared with 2021. While the numbers have coincided with significant e…
…
continue reading
1
ICAEW Insights In Focus: How is HMRC digitalising taxation?
29:52
29:52
나중에 재생
나중에 재생
리스트
좋아요
좋아요
29:52
In this special ‘Insights In Focus’ episode, we discuss the ways in which HMRC is using digital technology to influence tax calculation and collection. The UK’s first electronic tax return was filed in 1997. Since then, technology has dramatically transformed the calculation of tax, the filing of forms and the way that HMRC and tax authorities abro…
…
continue reading
1
ICAEW Insights: Carillion five years on – can we regulate ‘good’ judgement?
31:55
31:55
나중에 재생
나중에 재생
리스트
좋아요
좋아요
31:55
On the latest ICAEW Insights podcast, we consider the future of audit – and the impact of the government’s proposed reforms on professionals in the sector. It has now been five years since Carillion was liquidated, leaving behind debts of £7bn and the taxpayer a bill for £150m. The collapse of the construction services giant increased scrutiny on a…
…
continue reading
1
ICAEW Insights In Focus: How should a board approach exec pay and what are the risks of getting it wrong?
31:40
31:40
나중에 재생
나중에 재생
리스트
좋아요
좋아요
31:40
In this special Insights In Focus episode, we discuss the thorny and often contentious topic of executive pay. The highly experienced panel doesn’t ignore the most common exec pay conversation – the eye-watering amounts sometimes paid to senior managers – but the discussion doesn’t stop there either. We hear first about the growing use of ESG metri…
…
continue reading
1
ICAEW Insights: How can accountants make sense of crypto?
23:48
23:48
나중에 재생
나중에 재생
리스트
좋아요
좋아요
23:48
In this Insights In Focus episode, we discuss the pros and cons of crypto and its impact on the work of finance professionals. The collapse of crypto exchange and hedge fund FTX in December took $8bn of its customers’ money with it and raised fresh questions about the sector. Fans claim crypto will revolutionise how businesses and customers interac…
…
continue reading
On the latest ICAEW Insights podcast, we look ahead to what 2023 might hold for the UK economy and the work of finance professionals. While 2020 and 2021 were dominated by the need to mitigate the effects of the pandemic, 2022 posed new challenges. Economic and political pressures collided at home and abroad, resulting in significant uncertainty th…
…
continue reading
1
ICAEW Insights In Focus: Untangling the events and impacts of 2022
38:05
38:05
나중에 재생
나중에 재생
리스트
좋아요
좋아요
38:05
In this Insights In Focus episode, we review the major events of 2022 and their contribution to ongoing economic uncertainty. Despite inflation already beginning to rise, the year began with optimism, as tracked by the ICAEW Business Confidence Monitor. But events moved quickly and the effects of the invasion of Ukraine in February and successive p…
…
continue reading
1
ICAEW Insights In Focus: What’s in the second Economic Crime Bill?
21:17
21:17
나중에 재생
나중에 재생
리스트
좋아요
좋아요
21:17
In this episode of the ICAEW Insights podcast, we look at the Economic Crime Bill currently passing through Parliament. The Bill follows the Economic Crime Act, which became law in March. That legislation was fast tracked in response to the Russian invasion of Ukraine and included a raft of measures to sever economic ties with Russia. Now, this new…
…
continue reading