With all the publicity last year many firms have been asking us when the new SRA Accounts Rules will become effective. Our honest answer has been ‘we don’t know’! However, 1 October 2019 has for some time felt the most likely date. The SRA have published an Update which confirms that no decision has yet […]
Several of our firms are looking for qualified staff, both for general accounts / audit and for tax roles. Although we don’t formally provide recruitment services at this level, we’re always happy to try to put firms in contact with people who have previously worked for member firms, or who are known to people currently […]
The popular HAT Quiz is fast approaching, taking place again at Balls Brothers, Mincing Lane, London, EC3R 7PP. The quiz will start promptly at 7.00pm on Thursday 11 April 2019.  All HAT member firms are invited to attend, with an entry fee per team of five of £75 plus VAT (£90.00), which includes a buffet for […]
The continuing uncertainty posed by Brexit has started to have an impact on audit reports. KPMG have included a Brexit uncertainty paragraph in the audit report of Anglian Home Improvements Group Limited. Where an audited entity is significantly impacted by Brexit-related uncertainty, consideration should be given to including something similar. However, auditors should not adopt […]
We are excited to announce a number of brand new and updated courses launching from March 2019. New Update CPD Courses dealing with Charities and SRA Accounts Rules Practical Workshops, designed for more junior staff in areas of Practice Procedures as well as specialist topics In addition, our new residential Manager’s Course launches on 1 […]
Our suite of Corporate Manuals has been updated as part of our annual update cycle. The most significant change is to the IFRS chapter of the Corporate Audit manual, reflecting the implementation of IFRS 15 and IFRS 9. Details of the amendments made to the manuals can be found in the appropriate Technical Memos, as […]
Users of the HAT CaseWare templates for audit and non-audit assignments will soon benefit from improved functionality following the release of v20.0.00 of the templates. The main changes include: Improvements to the Audit Optimiser function. Additional functionality on the FSA Worksheet. Additional filtering functionality. Further details can be obtained from CaseWare  and we advise all […]
The Legal Services Board (“LSB”) has approved the application of the Solicitors Regulation Authority (“SRA”) for amendments to its regulatory arrangements in respect of its Looking to the Future reforms.   The SRA highlight that the reforms to the SRA Accounts Rules include:   Less prescriptive Accounts Rules which focus less on technicalities, and more […]
The Charity Commission has a summary of the action they have taken in response to auditors and professional examiners failing to report ‘matters of material significance’ direct to the Commission. In this they remind auditors and independent examiners that any modification to their report (including emphasis of matter) must be reported direct to the Commission […]