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ICAEW
The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of December 2024, it has over 210,000 members and students in 150 countries. ICAEW was established by Royal Charter in 1880. Overview The institute is a member of the Consultative Committee of Accountancy Bodies (CCAB), formed in 1974 by the major accountancy professional bodies in the UK and Ireland. The fragmented nature of the accountancy profession in the UK is in part due to the absence of any legal requirement for an accountant to be a member of one of the many Institutes, as the term ''accountant'' does not have legal protection. However, a person must belong to ICAEW, ICAS or CAI to hold themselves out as a '' chartered accountant'' in the UK (although there are other chartered bodies of British qualified accountants whose members are likewise authorised to conduct re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Accountants Hall
Chartered Accountants' Hall is a Listed building#Categories of listed building, Grade II* listed building located at 1 Moorgate Place in the City of London. It is the headquarters of the Institute of Chartered Accountants in England & Wales (ICAEW). The Hall is one of the richest examples of late Victorian architecture in the City and has been praised for its seamless integration of sculpture. It established the fame of its architect, John Belcher (architect), John Belcher. Chartered Accountants' Hall was Belcher's first building in a more monumental Baroque Revival style, drawing on Baroque architecture which he had studied while travelling in Europe. Some sources attribute the building as a joint design by Belcher in conjunction with Arthur Beresford Pite, who was a partner in Belcher's practice. The two men were friends and admired each other's work. A pupil of Belcher's at the time claimed that Pite's energy and personality had "very strongly" influenced Belcher and had l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Qualified Accountants
British qualified accountants are full voting members of United Kingdom professional bodies that evaluate individual experience and test competencies for accountants. The term ''accountant'' has the same legal protection in the United Kingdom as that given to other professions. Only certain functions are restricted to professionally qualified accountants; for example, individuals who operate in the areas of audit and insolvency must be registered, and only members of certain accountancy bodies are eligible for such registration. If working in public practice, these qualified accountants must comply with additional regulations such as holding professional indemnity insurance (as accountants are one of the professions most likely to face a professional indemnity claim) and submitting to regular and independent inspections. CCAB-qualified accountants is an informal shorthand for full members of any of the UK accountancy bodies formed by royal charter. All six of these bodies founded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud Advisory Panel
The Fraud Advisory Panel is a UK charitable organisation. Incorporated in 2001, the Panel focuses on offering advice and education to the general public on how to mitigate and avoid fraud. Panel members have provided evidence to the House of Commons Treasury Select Committee and frequently participate in government consultations and commentary on the television, radio, and newspapers. The Panel was established in 1998 by the Institute of Chartered Accountants in England & Wales, which continues to support its work. Governance The FAP is a charitable company limited by guarantee in England and Wales (charity number 1108863; company number 04327390). It is governed by a board comprising between three and fifteen trustee directors. Trustees are experienced counter-fraud professionals drawn from across sectors. ICAEW also has the right to appoint one third of the directors. The board is led by a chairman, a voluntary position that has been held by the following people: * George St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of Chartered Accountants Of Scotland
The Institute of Chartered Accountants of Scotland (ICAS) is the world's first professional body of Chartered Accountants (CAs).{{Citation needed, date=November 2023 ICAS act as a voice of the professional business community. Although other British accounting bodies use the title Chartered Accountant, the CA designation is unique to ICAS in the UK.{{Citation needed, date=November 2023 ICAS has more than 21,000 members and students worldwide. ICAS members are business advisors, business owners and entrepreneurs. They play roles in 80% of the FTSE 100 companies. Half of ICAS members are based in Scotland; the other half work in England and around the globe.{{cite web, title=About ICAS, url=http://www.scottish.parliament.uk/s4/committees/eet/inquiries/ScotlandBill/documents/ICAS.pdf, work=Submission from ICAS on Corporation Tax Reform, publisher=Scottish Parliament, access-date=19 September 2011, page=16, date=8 September 2011{{dead link, date=December 2017 , bot=InternetArchiveBot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Oversight Board
The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland based in London Wall in the City of London, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and Stewardship Codes. The FRC seeks to promote transparency and integrity in business by aiming its work at investors and others who rely on company reports, audits and high-quality risk management. In December 2018, an independent review of the FRC, led by Sir John Kingman, recommended its replacement by a new Audit, Reporting and Governance Authority, a recommendation that the government agreed to follow in March 2019 but later delayed. Ireland adopted the FRC's auditing framework in 2017. Structure The FRC is a company limited by guarantee, and is funded by the audit profession, who are required to contribute under the provisions of the Companies Act 2006 and by other groups subject to, or benefitting from FRC regulation. Its board of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mary Harris Smith
Mary Harris Smith (27 November 1844 – 13 October 1934) was an accountant and entrepreneur. She became the first woman to complete the Institute of Chartered Accountants in England and Wales qualification but was denied membership because she was a woman. When the Sex Disqualification (Removal) Act was passed in 1919, Harris Smith became the world's first female Chartered Accountant. Early life Mary Harris Smith was born to Susanna and Henry Smith in Kingsland, London in November 1844. She developed an interest in accounting from helping her banker father with bookkeeping work that he brought home. When Harris Smith was sixteen, she studied mathematics at King's College School. She went on to take some of the first bookkeeping classes run by the Society for Promoting the Employment of Women (SPEW) in 1860. Career Smith worked for a mercantile firm in the City of London for nine years and then went to work as an accountant for the Royal School of Art Needlework. She als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consultative Committee Of Accountancy Bodies
The Consultative Committee of Accountancy Bodies (CCAB) is an umbrella group of chartered professional bodies of British qualified chartered accountants. The primary objective of the CCAB is to provide a forum for the member bodies to discuss issues of common concern, and where possible, to provide a common voice for the accountancy profession when dealing with the United Kingdom government. History The CCAB was founded in 1974 by all six British and Irish professional accountancy bodies with a Royal Charter. The same six bodies are the United Kingdom professional bodies that belong to the International Federation of Accountants. As of 2005, running costs were shared roughly in proportion to shares held, as follows: ICAEW 52%, ACCA 17%, CIMA 15%, CIPFA 6%, ICAS 7% and ICAI 3%. On 2 March 2011, CIMA announced that it would be leaving CCAB. In the previous decade, CIMA had positioned itself as "a strong supporter and key member of CCAB". However, since the formation of the Financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Audit
A financial audit is conducted to provide an opinion whether "financial statements" (the information is verified to the extent of reasonable assurance granted) are stated in accordance with specified criteria. Normally, the criteria are international accounting standards, although auditors may conduct audits of financial statements prepared using the cash basis or some other basis of accounting appropriate for the organization. In providing an opinion whether financial statements are fairly stated in accordance with accounting standards, the auditor gathers evidence to determine whether the statements contain material errors or other misstatements.Arens, Elder, Beasley; Auditing and Assurance Services; 14th Edition; Prentice Hall; 2012 Overview The audit opinion is intended to provide reasonable assurance, but not absolute assurance, that the financial statements are presented fairly, in all material respects, and/or give a true and fair view in accordance with the financial rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Reporting Standards
International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities publicly listed. IFRS have replaced many different national accounting standards around the world but have not replaced the separate accounting standards in the United States where US GAAP is applied. History The International Accounting Standards Committee (IASC) was established in June 1973 by accountancy bodies representing ten countries. It devised and published International Accounting Standards (IAS), interpretations and a conceptual framework. These were looked to by many national accounting standard-setters in developing n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Test (assessment)
An examination (exam or evaluation) or test is an educational assessment intended to measure a test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics (e.g., beliefs). A test may be administered verbally, on paper, on a computer, or in a predetermined area that requires a test taker to demonstrate or perform a set of skills. Tests vary in style, rigor and requirements. There is no general consensus or invariable standard for test formats and difficulty. Often, the format and difficulty of the test is dependent upon the educational philosophy of the instructor, subject matter, class size, policy of the educational institution, and requirements of accreditation or governing bodies. A test may be administered formally or informally. An example of an informal test is a reading test administered by a parent to a child. A formal test might be a final examination administered by a teacher in a classroom or an IQ test administered by a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheffield
Sheffield is a city in South Yorkshire, England, situated south of Leeds and east of Manchester. The city is the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire and some of its southern suburbs were transferred from Derbyshire to the city council. It is the largest settlement in South Yorkshire and the third largest of Northern England. The city is in the North Midlands, in the eastern foothills of the Pennines and the valleys of the River Don with its four tributaries: the Loxley, the Porter Brook, the Rivelin and the Sheaf. Sixty-one per cent of Sheffield's entire area is green space and a third of the city lies within the Peak District national park and is the fifth-largest city in England. There are more than 250 parks, woodlands and gardens in the city, which is estimated to contain around 4.5 million trees. Sheffield played a crucial role in the Industrial Revolution, developing many signifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Whitfield (architect)
Sir William Whitfield (21 October 1920 – 16 March 2019) was a British architect and town planner. Early life Whitfield was born in Stockton-on-Tees into a coal-owning family and studied architecture at King's College, Newcastle (later the Newcastle University School of Architecture, Planning and Landscape), where he was admitted by a special dispensation at the unusually early age of 15, and where he later studied Town Planning after the Second World War. Career Whitfield designed the Glasgow University Library (1968) and the Hunterian Museum and Art Gallery Extension at the University of Glasgow (1962–81), as well as an extension to the Newcastle University Students' Union building (1964) and University Theatre (now unrecognisable and called the Northern Stage). He designed the business school and the science library at Durham University (both now extended) as well as the departments of geography and psychology, and was a co-author of the 1969 development plan for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
