Accountancy Insights

In this episode, we speak to Ray McCann, fresh from delivering this year’s Hardman Lecture on Monday 25 November, about regulating the provision of tax advice. Plus, Sophie Wales, ICAEW Director of Regulatory Policy, explains upcoming changes to the ICAEW Code of Ethics around professional behaviour. Time codes00:55 Regulating tax advice08:09 New professional behaviour wording LinksICAEW: Hardman Lecture shines spotlight on ‘shadow’ tax advisers: https://www.icaew.com/insights/tax-news/2024/nov-2024/hardman-lecture-shines-spotlight-on-shadow-tax-advisersICAEW: The new Code of Ethics: understanding professional behaviour: https://www.icaew.com/insights/viewpoints-on-the-news/2024/nov-2024/the-new-code-of-ethics-understanding-professional-behaviour  HostPhilippa Lamb ReporterMark Rowland GuestsRay McCann, Consultant, Charter TaxSophie Wales, Director of Regulatory Policy, ICAEW ProducerNatalie Chisholm  Episode first published: 2 December 2024Podcast recorded: 25 November 2024

In this episode of Behind the Numbers, we discuss whether the filing of local authority audited accounts will ever get back on track. Just 1% of local bodies published audited accounts on time for the 2022/23 [LE1] financial year. Now, the government has introduced backstop dates in the hopes of resetting the system, with the first arriving on 13 December. But will they anything change? And how should local authorities be managing the external audit process to ensure timely filing? To answer those questions, host Philippa Lamb is joined by Alison Ring, ICAEW Director of Public Sector and Taxation; Cecilie Booth, Executive Director of Resources at Peterborough City Council; and Paul Dossett, Head of Public Sector, London and South East, at Grant Thornton UK. Links ICAEW Public Sector Conference: https://www.icaew.com/learning-and-development/events/public-sector-conference ICAEW Local government finance: skills for the future: https://www.icaew.com/technical/public-sector/public-sector-financial-management/local-government-finance-skills-for-the-future ICAEW Public Sector Community: https://www.icaew.com/groups-and-networks/communities/public-sector ICAEW vision for local audit: https://www.icaew.com/technical/public-sector/public-sector-audit-and-assurance/uk-public-sector-audit/icaew-vision-for-local-audit HostPhilippa Lamb GuestsAlison Ring, Director, Public Sector and Taxation, ICAEWCecilie Booth, Executive Director of Resources, Peterborough City CouncilPaul Dossett, Head of Public Sector Assurance, London and South East, Grant Thornton UK ProducerNatalie Chisholm Episode first published: 21 November 2024Podcast recorded: 14 November 2024

In this special episode of Accountancy Insights, we discuss whether the Autumn Budget will provide a much-needed shot in the arm for business confidence and investment activity. Philippa Lamb is joined by Iain Wright, Managing Director, Reputation and Influence, ICAEW; Frances Haque, Chief Economist, Santander UK; and David Williamson, Political Editor, Sunday Express. LinksICAEW: Autumn Budget 2024: https://www.icaew.com/technical/economy/autumn-budget-2024  HostPhilippa Lamb GuestsIain Wright, Managing Director, Reputation and Influence, ICAEWFrances Haque, Chief Economist, Santander UKDavid Williamson, Political Editor, Sunday Express ProducerNatalie Chisholm  Episode first published: 1 November 2024Podcast recorded: 31 October 2024

In this episode of Behind the Numbers, we discuss how the use of new technologies by criminals is putting businesses at risk. A recent Europe-wide report found that 40% of chief internal auditors cited artificial intelligence as a top five business-critical risk. So, how can professionals protect themselves and their employers? And what can SMEs with tighter budgets do to combat this threat? Host Philippa Lamb is joined by Ian Pay, Head of Data Analytics and Tech at ICAEW; Mark Turner, Chief Technology Officer at cyber security specialists Mitigo; and Paul Munson, EU Compliance Lead at workplace software provider Rippling and previously of the Financial Conduct Authority, Serious Fraud Office and HMRC. Links ICAEW artificial intelligence hub: https://www.icaew.com/technical/technology/artificial-intelligenceICAEW cyber security hub: https://www.icaew.com/technical/technology/cyber-security HostPhilippa Lamb GuestsIan Pay, Head of Data Analytics and Tech, ICAEWMark Turner, Chief Technology Officer, MitigoPaul Munson, EU Compliance Lead, Rippling ProducerNatalie Chisholm Episode first published: 18 October 2024Podcast recorded: 11 October 2024