With the accountancy world constantly evolving it can be a challenge for practitioners to stay up-to-date with the latest news and insight on all they need to know to ensure they deliver a first-rate service to their customers. In addition to it’s CPD programme, in-person seminars and social channels, the CPAA news pages are a great way to digest relevant news content, find out more about legislative updates, review budgetary announcements and gain insight into some valuable in-depth feature articles.

Check out the more recent posts below or view our archive features by month via the right-hand column.

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Are you too smart to be scammed?

09 February 2018

Research from the Take Five to Stop Fraud campaign has revealed that people could be leaving themselves vulnerable to financial fraud by thinking they are too smart to be scammed.

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The growing need for cyber resilience

12 January 2018

All things cyber, whether risk, attack, crime or resilience are never far from the headlines with companies of all shapes and sizes around the world vulnerable to attack in the online world. In terms of cyber resilience, cyber risk, cyber crime as well as headline grabbing cyber attacks (Equifax being just one recent example) it is perhaps stating the obvious that businesses and livelihoods will be under threat in the event of a failure of cyber resilience.

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Ringing in the regulatory changes with GDPR

15 December 2017

This Christmas Day will mark the five-month countdown to adoption of the EU General Data Protection Regulation (GDPR), which comes into force on 25th May 2018. While it may not be one to mull over during the forthcoming festivities, it is a topic that needs to be addressed in the New Year for practices with any gaps in their knowledge, or without adequate strategies in place for compliance.

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Autumn’s bountiful Budget

20 November 2017

Life at Westminster has been akin to a soap opera of late, with scandals, divisions and resignations aplenty. Moreover, this Autumn Budget was set against a backdrop of a snap-election that bloodied the Government’s nose, an opposition emboldened with a renewed vigour, the ongoing Brexit wrangling, and nations growing weary of austerity. Yet, despite this, it was a defiant Philip Hammond that took to the floor to present a relatively bullish Budget.

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Q&A With FRS 102 Expert, Val Steward

09 October 2017

Next month the CPAA will host a morning briefing on FRS 102 with expert speaker Valerie Steward. Here we pose a number of questions to Val to get more insight on the topic and find out what practitioners can expect:

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Moving your practice into the MTD world

11 September 2017

On the 13 July 2017, HM Treasury published its second Finance Bill of 2017, which included changes to the proposed Making Tax Digital for Business scheme.

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The continuing evolution of MTD

25 August 2017

Making Tax Digital has seen an interesting few months, where something and nothing has changed. Once lauded by former Chancellor, George Osborne, as a “revolutionary simplification of tax”, we are now a couple of years down the line and the reforms have struggled to fully gain industry confidence, lost some of their grandeur, and have been pushed further and further back. Here, we look at the most recent announcements concerning MTD and what the future now holds.

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Freeze Frame on FRS 102 Changes

28 July 2017

Even from its unveiling in 2013, it was anticipated that the new accounting standard, FRS 102, would require some tweaking, clarification and trouble-shooting as it bedded in and new challenges arose. It was duly announced that the Financial Reporting Council (FRC) would review FRS 102 at least every three years to ensure the standard stayed on track with developments to IFRS.

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Making Tax Digital Penalties: The Plans, Our Response

09 June 2017

With less than a year to go until Making Tax Digital descends for many, the Government has set out a series of plans to address late submission penalties. It may be perceived as putting the cart before the horse, for HMRC to focus on determining the penalty process, when the finer detail about MTD is still lacking. Nonetheless, enabling the industry – including the CPAA – to have an opportunity to provide a response, is a welcome step.

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Cloud Computing

19 May 2017

As the government is moving forward with its plans to implement Making Tax Digital (MTD) it is more important than ever to think about how you can stay up to date and compliant and cloud computing is arguably the easiest and most cost-effective way to ensure this. Below, we look into what cloud computing actually is, the pros and cons and its use for accountants.

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