Afleveringen
-
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.
Links
ICAEW: Autumn Budget 2024: https://www.icaew.com/technical/economy/autumn-budget-2024Host
Philippa Lamb
Guests
Iain Wright, Managing Director, Reputation and Influence, ICAEWFrances Haque, Chief Economist, Santander UKDavid Williamson, Political Editor, Sunday ExpressProducer
Natalie Chisholm
Episode first published: 1 November 2024
Podcast 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-securityHost
Philippa Lamb
Guests
Ian Pay, Head of Data Analytics and Tech, ICAEWMark Turner, Chief Technology Officer, MitigoPaul Munson, EU Compliance Lead, RipplingProducer
Natalie Chisholm
Episode first published: 18 October 2024
Podcast recorded: 11 October 2024 -
Zijn er afleveringen die ontbreken?
-
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 audit06:18 AI BillLinks
ICAEW: Reminders on group audit: https://www.icaew.com/technical/audit-and-assurance/faculty-resources/audit-and-beyond/2024/articles/reminders-on-group-audit ICAEW Artificial intelligence hub: https://www.icaew.com/technical/technology/artificial-intelligenceHost
Philippa Lamb
Guests
Catherine Hardinge, Partner, Price BaileyOliver Nelson-Smith, Tech Policy Manager, ICAEWProducer
Natalie Chisholm
Episode first published: 7 October 2024
Podcast recorded: 30 September 2024 -
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 up to a week. But how useful are tourism taxes in practice? And what do local people make of them?
To answer those questions, host Philippa Lamb is joined by Clare Beck, Chair of the ICAEW Scotland Board; internal auditor Jim Orr; Rhys Ap Gwilym, Senior Lecturer in Economics at Bangor University; and Suth Rathmell, Partner in Indirect Tax at MHA.
Links
ICAEW Scotland: https://www.icaew.com/groups-and-networks/local-groups-and-societies/scotland-dsThe Conversation: ‘Why you should expect to pay more tourist taxes – even though the evidence for them is unclear’: https://theconversation.com/why-you-should-expect-to-pay-more-tourist-taxes-even-though-the-evidence-for-them-is-unclear-229134Welsh Government: ‘Comparative analysis of the tax systems faced by the visitor economies in selected countries’: https://www.gov.wales/comparative-analysis-tax-systems-faced-visitor-economies-selected-countriesHost
Philippa Lamb
Guests
Clare Beck, Chair, ICAEW Scotland Board Jim Orr, Internal AuditorRhys Ap Gwilym, Senior Lecturer, Economics, Bangor UniversitySue Rathmell, Partner, Indirect Tax, MHAProducer
Natalie Chisholm
Episode first published: 25 September 2024
Podcast recorded: 17 September 2024 -
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, Crypto and Digital Assets Technical Director at Andersen; and Reuben Wales, Head of Financial Services at ICAEW.
Time codes
00:38 Taxing cryptoassets10:52 Reporting suspicions of fraudLinks
ICAEW TAXline: The basics of taxing cryptoassets: https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/the-basics-of-taxing-cryptoassets ICAEW TAXguide 01/2024: Taxation of cryptoassets for individuals: https://www.icaew.com/technical/tax/tax-faculty/taxguides/2024/taxguide-01-24ICAEW TAXguide 02/2024: Taxation of cryptoassets for businesses: https://www.icaew.com/technical/tax/tax-faculty/taxguides/2024/taxguide-02-24Financial Reporting Council: ISA (UK) 240: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/isa-uk-240/Financial Reporting Council: ISA (UK) 250 Section A: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/isa-uk-250-section-a/Financial Reporting Council: ISA (UK) 250 Section B: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/isa-uk-250-section-b/Host
Philippa Lamb
Guests
Richard Jones, Senior Technical Manager, Tax Policy, ICAEWDion Seymour, Crypto and Digital Assets Technical Director, AndersenReuben Wales, Head of Financial Services, ICAEWProducer
Natalie Chisholm
Episode first published: 9 September 2024
Podcast recorded: 2 September 2024 -
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 their most significant challenge. So, what needs to happen for more professionals to view accountancy as a long-term career choice?
To explore the key issues, host Philippa Lamb is joined by Kat Hearn, Senior Technical Manager at ICAEW; Androulla Soteri, Chief People Officer at Dains Accountants; and Lola Abitogun, who qualified as a chartered accountant before establishing Alchemy HR.Links
ICAEW: Evolution of mid-tier accountancy firms
https://www.icaew.com/technical/practice-resources/evolution-of-mid-tier-accountancy-firmsHost
Philippa Lamb
Guests
Kat Hearn, Senior Technical Manager, ICAEWAndroulla Soteri, Chief People Officer, Dains AccountantsLola Abitogun, Founder, Alchemy HRProducer
Natalie Chisholm
Episode first published: 23 August 2024
Podcast recorded: 15 August 2024 -
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 joined by Iain Wright, Managing Director of Reputation and Influence; Alison Ring, Director of Public Sector and Taxation; Sophie Wales, Director of Regulatory Policy; and Richard Jones, Senior Technical Manager in Tax Policy.
Time codes
00:58 ICAEW Business Confidence Monitor10:33 Local authority finances17:21 Probate service24:52 Business taxationLinks
ICAEW Business Confidence Monitor: https://www.icaew.com/bcmICAEW probate hub: https://www.icaew.com/probateICAEW Tax Faculty: https://www.icaew.com/technical/tax/tax-faculty ICAEW TAXline: https://www.icaew.com/taxlineICAEW Budget submissions: [email protected]Host
Philippa Lamb
Guests
Iain Wright, Managing Director, Reputation and Influence, ICAEWAlison Ring, Director, Public Sector and Taxation, ICAEWSophie Wales, Director, Regulatory Policy, ICAEWRichard Jones, Senior Technical Manager, Tax Policy, ICAEWProducer
Natalie Chisholm
Episode first published: 12 August 2024
-
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 top of its national agenda, how do we get things moving?
Philippa Lamb is joined by entrepreneur and chartered accountant Tanuvi Ethunandan; Helen Burnell, Partner at law firm Shoosmiths; and Suzi Gillespie, Head of Research at the British Private Equity & Venture Capital Association.
Links
ICAEW Women in Finance Community: https://www.icaew.com/groups-and-networks/communities/join-women-in-finance-communityHost
Philippa Lamb
Guests
Tanuvi Ethunandan, entrepreneur and product managerHelen Burnell, Partner, ShoosmithsSuzi Gillespie, Head of Research, British Private Equity & Venture Capital AssociationProducer
Natalie Chisholm
Episode first published: 2 August 2024
Podcast recorded: 26 July 2024 -
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 manoeuvre in the public finances, can anything move the dial when it comes to boosting growth?
Guest host Iain Wright is joined by Frances Haque, Chief Economist at Santander UK, and David Williamson, Political Editor at the Sunday Express.
Links
ICAEW Manifesto 2024: https://www.icaew.com/technical/economy/manifesto-2024ICAEW Business Confidence Monitor: https://www.icaew.com/technical/economy/business-confidence-monitorHost
Iain Wright, Managing Director, Reputation and Influence, ICAEW
Guests
Frances Haque, Chief Economist, Santander UKDavid Williamson, Political Editor, Sunday ExpressProducer
Natalie Chisholm
Episode first published: 12 July 2024
Podcast recorded: 11 July 2024 -
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 for client refunds – has been blamed on groupthink in the boardroom.
Philippa Lamb examines ways forward with Baroness Helena Morrissey, financier and former Non-Executive Director at St James’s Place; Peter van Veen, Director of Corporate Governance and Stewardship at ICAEW; and Kevin Davidson, CEO of executive search and board advisory firm Norman Broadbent.
Links
Tackling groupthink – why stupid questions don’t exist: https://www.icaew.com/insights/viewpoints-on-the-news/2024/jun-2024/tackling-groupthink-why-stupid-questions-dont-existHost
Philippa Lamb
Guests
Baroness Helena Morrissey, financierPeter van Veen, Director, Corporate Governance and Stewardship, ICAEWKevin Davidson, CEO, Norman BroadbentProducer
Natalie Chisholm
Episode first published: 28 June 2024
Podcast recorded: 21 June 2024 -
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 Lamb is joined by Sally Baker, Head of Corporate Reporting Strategy, and Ed Saltmarsh, Technical Manager, VAT and Customs.
Links
Be part of ICAEW Corporate Reporting: https://www.icaew.com/joincrf ICAEW: The road ahead for VAT and PHVs: https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/the-road-ahead-for-vat-and-phvsHost
Philippa Lamb
Guests
Sally Baker, Head of Corporate Reporting Strategy, ICAEWEd Saltmarsh, Technical Manager, VAT and Customs, ICAEWProducer
Natalie Chisholm
Episode first published: 5 June 2024
Podcast recorded: 3 June 2024 -
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 practices sift marketing fact from fiction and navigate the risks introduced by using AI tools?
To answer those questions, Philippa Lamb is joined by Konrad Bukowski-Kruszyna, Audit Data Analytics Director at RSM UK; Fay Bordbar, Global Digital Skills Lead at Mazars; and Oliver Nelson-Smith, Tech Policy Manager at ICAEW
Links
ICAEW - Generative AI Guide: https://www.icaew.com/technical/technology/artificial-intelligence/generative-ai-guideICAEW - Finance in a Digital World: https://www.icaew.com/technical/technology/finance-in-a-digital-worldHost
Philippa Lamb
Guests
Konrad Bukowski-Kruszyna, Audit Data Analytics Director, RSM UKFay Bordbar, Global Digital Skills Lead, MazarsOliver Nelson-Smith, Tech Policy Manager, ICAEWProducer
Natalie Chisholm
Episode first published: 29 May 2024
Podcast recorded: 23 May 2024 -
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 Strategy, and Caroline Miskin, Senior Technical Manager in Digital Taxation.
Links
ICAEW: By All Accounts: https://www.icaew.com/technical/corporate-reporting/corporate-reporting-resources/by-all-accounts ICAEW: TAXline: https://www.icaew.com/technical/tax/tax-faculty/taxlineHost
Philippa Lamb
Guests
Sally Baker, Head of Corporate Reporting Strategy, ICAEW Caroline Miskin, Senior Technical Manager, Digital Taxation, ICAEWProducer
Natalie Chisholm
Episode first published: 10 May 2024
Podcast recorded: 1 May 2024 -
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 Chartered Insurance Institute in recent years.
In this conversation with Philippa Lamb, Vallance shares how his career journey has shaped his approach to leadership – from qualifying as an ACA at Ernst & Whinney (now EY) to working in post-Soviet Hungary and his 15 years with Australia Post at a time of early digitalisation.
Links
How the profession can embrace change, according to ICAEW’s new CEO: https://www.icaew.com/insights/viewpoints-on-the-news/2024/apr-2024/how-the-profession-can-embrace-change-according-to-icaews-new-ceoHost
Philippa Lamb
Guest
Alan Vallance, CEO, ICAEW
Producer
Natalie Chisholm
Episode first published: 3 May 2024
Podcast recorded: 25 April 2024 -
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 one-third of today’s FTSE 100 CEOs have previously served as CFOs in their careers. But what makes finance professionals a good fit for the top spot? And what skills beyond financial prowess will help them make a success of it?
To answer those questions, host Philippa Lamb is joined by Sarah Walker-Smith, CEO of legal and professional services group Ampa; Joe Dubbin, Managing Director of executive search firm Cripps Leadership Advisors; and Melanie Coeshott, career coach and mentor at Blue Diamond.
Links
ICAEW Academy: https://www.icaew.com/learning-and-development/academyICAEW: The Tax Track podcast: https://www.icaew.com/insights/podcast/the-tax-trackICAEW Student Insights podcast: https://www.icaew.com/insights/student-insights/podcastHost
Philippa Lamb
Guests
Sarah Walker-Smith, CEO, AmpaJoe Dubbin, Managing Director, Cripps Leadership AdvisorsMelanie Coeshott, career coach, Blue DiamondProducer
Natalie Chisholm
Episode first published: 17 April 2024
Podcast recorded: 12 April 2024 -
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, Philippa Lamb is joined by Stephen Relf, Technical Manager, Tax, and Sally Baker, Head of Corporate Reporting Strategy.
Links
ICAEW: The Tax Track podcast: https://www.icaew.com/insights/podcast/the-tax-trackICAEW: Tax changes taking effect from April 2024: https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/tax-changes-taking-effect-from-april-2024 ICAEW: Economic crime hub: https://www.icaew.com/technical/trust-and-ethics/economic-crime Economic Crime and Corporate Transparency Act 2023: the story so far: https://www.youtube.com/watch?v=UAZWpeLR_T0Host
Philippa Lamb
Guests
Stephen Relf, Technical Manager, Tax, ICAEWSally Baker, Head of Corporate Reporting Strategy, ICAEWProducer
Natalie Chisholm
Episode first published: 5 April 2024
Podcast recorded: 26 March 2024 -
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 new schemes established by the UK’s devolved administrations. These require farms to meet environmental requirements such as hedge management, rewilding and tree-planting, which critics say will have a negative impact on food production and reduce the UK’s resilience to market shocks.
To discuss the future of British farming, host Philippa Lamb is joined by David Missen, consultant at Larking Gowen, and Roseanne Bennett, partner at Greaves West & Ayre.
Links
ICAEW Farming & Rural Business Community: https://www.icaew.com/technical/farming-and-rural-businessHost
Philippa Lamb
Guests
David Missen, consultant, Larking GowenRoseanne Bennett, partner, Greaves West & AyreProducer
Natalie Chisholm
Episode first published: 22 March 2024
Podcast recorded: 11 March 2024 -
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 navigating a difficult road to recovery. And, with a general election taking place within the year, will anything announced on 6 March have an impact on public sentiment?
Host Philippa Lamb breaks down the Spring Budget with Iain Wright, ICAEW Managing Director, Reputation and Influence; Frances Haque, Chief Economist at Santander UK; and David Williamson, Political Editor of the Sunday Express.
Links
ICAEW: Spring Budget 2024: https://www.icaew.com/technical/economy/spring-budget-2024ICAEW Manifesto 2024: https://www.icaew.com/technical/economy/manifesto-2024ICAEW Business Confidence Monitor: https://www.icaew.com/technical/economy/business-confidence-monitorICAEW Resilience and Renewal hub: https://www.icaew.com/technical/economy/resilience-and-renewalHost
Philippa Lamb
Guests
Iain Wright, Managing Director, Reputation and Influence, ICAEWDavid Williamson, Political Editor, Sunday ExpressFrances Haque, Chief Economist, Santander UKProducer
Natalie Chisholm
Episode first published: 8 March 2024
Podcast recorded: 7 March 2024 -
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 technological revolution.
Host Philippa Lamb discusses with Izza the fresh challenges and opportunities facing the profession, as well as what he will be taking away from his time at ICAEW.
Links
ICAEW Insights: https://www.icaew.com/insightsICAEW Manifesto 2024: https://www.icaew.com/technical/economy/manifesto-2024 ICAEW - Alan Vallance announced as new ICAEW Chief Executive: https://www.icaew.com/insights/viewpoints-on-the-news/2023/oct-2023/alan-vallance-announced-as-new-icaew-chief-executiveHost
Philippa Lamb
GuestMichael Izza, Chief Executive, ICAEW
ProducerNatalie Chisholm
Episode first published: 1 March 2024
Podcast recorded: 22 February 2024 -
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 Lamb is joined by Alex Russell, Head of Audit and Assurance Strategy; Sally Baker, Head of Corporate Reporting Strategy; Lindsey Wicks, Senior Technical Manager for Tax Policy; and Chris Greenhalgh, Manager in Professional Standards.
Links
ICAEW - Quality management in audit firms: https://www.icaew.com/technical/audit-and-assurance/audit/quality-management-in-audit-firmsICAEW Corporate Reporting faculty: https://www.icaew.com/groups-and-networks/faculties/corporate-reporting-facultyICAEW - By All Accounts: https://www.icaew.com/technical/corporate-reporting/corporate-reporting-resources/by-all-accounts Changes to accounts preparation and filing requirements: https://www.icaew.com/insights/viewpoints-on-the-news/2024/jan-2024/changes-to-accounts-preparation-and-filing-requirements ICAEW - The Tax Track podcast: https://www.icaew.com/insights/podcast/the-tax-trackICAEW - TAXline: https://www.icaew.com/technical/tax/tax-faculty/taxline ICAEW - Practising certificates: https://www.icaew.com/technical/practice-resources/practising-certificatesHost
Philippa Lamb
Guests
Alex Russell, Head of Audit and Assurance Strategy, ICAEW Sally Baker, Head of Corporate Reporting Strategy, ICAEWLindsey Wicks, Senior Technical Manager, Tax Policy, ICAEWChristopher Greenhalgh, Manager, Professional Standards, ICAEWProducer
Natalie Chisholm
Episode first published: 9 February 2024
Podcast recorded: 5 February 2024 - Laat meer zien
