Julia Penny, President of chartered accountancy body ICAEW, has been named as Chair of CCAB (the Consultative Committee of Accountancy Bodies) for 2022- 2024.
The CCAB, which brings together five professional accountancy organisations in the UK and Ireland, carried out a snapshot survey of accountants working across all sectors in July and August to take the ethical temperature of the profession.
CCAB has today published an updated draft of its LLPs SORP for comment. The underlying purpose of the SORP is to deal with issues that are specific to LLPs and ensure that, as far as possible, LLPs present financial statements that are comparable with those of other entities.