The practice of Fishing is the removal of a creature from its habitat which does not wish to be removed. The practice of Phishing is the removal of information from an individual who does not wish to provide the information which has been removed.
In view of the current Covid-19 there may be circumstances in which a client requires urgent advice in a time frame that does not allow completion of client due diligence (CDD) in sufficient time.
CCAB has today published an updated draft of its Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP) for comment.