The CCAB has issued a revised Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP) and their Press Release states that the LLP SORP has been updated for: “Changes to the definitions included in the SORP relating to divisions of profit with further consequential amendments throughout the SORP to ensure consistency of […]

The Money Laundering and Terrorist Financing (Amendment) (No. 3) (High-Risk Countries) Regulations 2021 (SI 2021 / 1268) has been laid before Parliament, and this amends the “Money Laundering Regulations 2017” (SI 2017 / 692) (MLRs) by substituting the list of high-risk third countries in respect of which extra customer due diligence measures must be taken […]

We are pleased to announce that our Corporate Working Papers template has been updated for periods commencing 1 January 2021 onwards in preparation for the 2021 reporting season. Key changes in the update include: Changes for periods commencing 1 January 2021 onwards relating amendments in Company Law as a result of Brexit and in particular […]

The latest edition of ICAEW’s Audit and Beyond magazine should have landed on the doormats of those of you with Audit & Assurance Faculty membership over the last few days.  Simon Kettlewell has written the lead article in the September 2021 edition, which talks about how to apply the requirements of the revised ISA (UK) […]