Articles within News Releases
News Release – Protectionism not the answer for company takeovers
The introduction of any measures which could be viewed as protectionist would damage the UK as one of the leading capital markets. That’s the view of The Institute of Chartered Accountants of Scotland (ICAS) in its response to the Takeover Panel’s consultation on the regulation of takeover bids.
(Created: 27 July 2010)
News Release – Major Chinese accounting reform is a key step in global convergence
The introduction of new Chinese Accounting Standards, converged with IFRS, marks a significant step towards a single global accounting language, according to the Institute of Chartered Accountants of Scotland.
(Created: 30 June 2010)
Disciplinary action against John Kinnear
John Kinnear, a non-practising member from West Sussex, has been expelled from membership and ordered to pay costs of £1,500 by the Discipline Tribunal of the Institute of Chartered Accountants of Scotland.
(Created: 15 June 2010)
News Release - ICAS urges Cable to throw lifeline to SMEs
The Institute of Chartered Accountants of Scotland (ICAS) is calling on Vince Cable, Business Secretary, to avoid any further damage to SMEs in the measures taken to reduce the budget deficit.
In a letter to Dr Cable, ICAS has urged the government to focus on encouraging SMEs by reducing regulation and increasing funding.
(Created: 10 June 2010)
News Release – ICAS survey highlights concerns about imminent changes to company tax filing
The Institute of Chartered Accountants of Scotland (ICAS) has conducted a member survey to assess whether companies and tax agents are ready for implementation of mandatory corporation tax online filing on 1 April 2011.
From that date almost all UK companies will be required to submit their statutory accounts and tax computations online in a new technology format known as iXBRL, which will require much of the electronic data to be tagged with additional computer-readable information.
(Created: 26 May 2010)
News Release - ICAS calls on new Chancellor to adopt key principles to improve the tax system
The Institute of Chartered Accountants of Scotland (ICAS) has written to George Osborne MP, congratulating him on his appointment as Chancellor of the Exchequer and calling on him to address, as a matter of urgency, a number of serious deficiencies in the UK tax system.
(Created: 13 May 2010)
Thomas Michael McCurry - Voluntary resignation from membership
Investigation and Professional Conduct Enforcement Committee (IPCEC)
(Created: 04 May 2010)
Research shows link between disclosure of intellectual capital and cheaper cost of capital in the UK
Companies with greater levels of intellectual capital disclosure in annual reports have cost of equity capital estimates up to 3% less than companies with lower disclosure levels, according to ICAS published research.
(Created: 29 April 2010)
Disciplinary action against John Alexander Campbell
John Alexander Campbell, a non-practising member based in London, has been expelled from membership and ordered to pay costs of £1,000 by the Discipline Tribunal of The Institute of Chartered Accountants of Scotland.
(Created: 29 April 2010)
Professional accountants must lead the way in ‘telling it straight’ says new ICAS President
We are pleased to announce that Alan Thomson today took office as the new President of The Institute of Chartered Accountants of Scotland (ICAS).
Speaking at today’s AGM in Glasgow, the new President said: “With the recession hopefully now behind us, there is a clear imperative for professional accountants – whether they are advising businesses, or running them – to more effectively communicate the performance and challenges of that business. Telling it straight will give investors, shareholders and the wider public greater confidence.”
(Created: 22 April 2010)
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