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Osborne King Director Paul Henry is appointed new chair of CCAB

Paul Henry, Director of Osborne King and President of Chartered Accountants Ireland has been named as Chair of CCAB for 2020/22.

Phishing and Insider Fraud

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.

Covid-19 Supplementary Anti Money Laundering Guidance – Completion of Client Due Diligence (CDD) During Urgent Work

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 issues revised Statement of Recommended Practice – Accounting by Limited Liability Partnerships

CCAB has today published a new edition of the Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP).

Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships

CCAB has published an updated draft Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships (LLPs) for comment by 17 October 2018. The SORP […]

Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships

CCAB has today published an updated draft of its Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP) for comment.

Implications of Brexit on cooperation within the European audit profession

CCAB (The Consultative Committee of Accountancy Bodies) welcomes the publication by Accountancy Europe, Implications of Brexit on cooperation within the European audit profession.

National Economic Crime Centre is a welcome addition to the fight against economic crime, say leading accountancy bodies

CCAB (The Consultative Committee of Accounting Bodies) has welcomed this week’s launch of a nationwide anti-corruption strategy, including the formation of a National Economic Crime Centre, as an important first step in an integrated approach to financial crime.

CCAB issues revised Statement of Recommended Practice – Accounting by Limited Liability Partnerships

CCAB has today published a new edition of the Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP).

CCAB launches its first Economic Crime Manifesto advising government to “lead by example” to fight money laundering

The first Manifesto for Fighting Economic Crime is published today by CCAB, the collective of five accountancy bodies – ICAEW, ACCA, CIPFA, ICAS and Chartered Accountants Ireland – highlighting four key public policy areas for improvement to the effectiveness and capabilities of anti-money laundering (AML) in the UK.

Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships

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.

Driving out bribery and corruption is a global mission, say professional accountancy bodies CCAB and IFAC comment ahead of the first global anticorruption summit

Global action needs to be taken to counter bribery and corruption in the UK and on the global stage, say the major professional accountancy bodies in the UK and Ireland, with IFAC’s President Olivia F Kirtley adding strong support to their statement.

Accountancy bodies calls for informed debate on EU Reform

CCAB, the forum for accountancy bodies in the UK and Ireland, is calling on businesses to engage with the debate on EU reform, and ensure they are aware of the information and resources to inform their understanding of the role of the European Union, and how its relationship with business could become more effective.

Business leaders point to EU Reform for more effective Europe

CCAB, the forum for accountancy bodies in the UK and Ireland, has today published a new report, which captures the opinions of senior business leaders in the UK and Ireland on the effectiveness of the European Union, highlighting five key areas for potential reform.

CCAB launches European discussion on the role of finance professionals in fighting money laundering and terrorist financing

Experts from across Europe gathered in Brussels to discuss the role of accountants and finance professionals in implementing anti-money laundering requirements and fighting terrorist financing. Organised by CCAB, the debate focused on the importance of greater professional scepticism and transparency.

Be aware of financial activity alarm bells, warns CCAB Anti Money Laundering Taskforce

Accountant’s “professional scepticism” is the first line of defence in tackling money laundering and terrorist financing, says guidance issued today by the Anti-Money Laundering Taskforce of CCAB, the collective forum of accountancy bodies ICAEW, ACCA, ICAS, CIPFA and Chartered Accountants Ireland.

CCAB hosts advice on choosing the right accountant or tax adviser

Easily accessible advice and information on choosing the right accountant/tax adviser is now available on the CCAB website.

CCAB welcomes European Parliament Money Laundering Directive and urges UK Government to lead the way on joined up initiatives

A new directive agreed in the European Parliament recognises the need to strengthen regulation in the face of changing technology.