Professional Standards News

Are you supervised by CIOT for AML? If so you will need to renew your AML registration by 31 May 2019....

Members are invited to take up a forthcoming free webinar which is being provided by CIMA working in partnership with HM Government.

Professional Conduct in Relation to Taxation (PCRT) sets out the professional standards that are expected of a member when undertaking tax work. PCRT is a pan-professional document published by seven leading accountancy and tax bodies. As such it represents an ‘industry standard’ about professional behaviour in tax matters. Members must therefore be familiar with, and comply with, PCRT when...

The CIOT and ATT have published their Supervisory Risk Assessment (October 2018).  ...

Members may like to note that updated treasury approved AML Guidance for the accountancy sector (AMLGAS) was issued in March 2018.

The CIOT and ATT issued updated engagement letters guidance on the 2nd May 2018. The update includes some new schedules and the schedules have been updated where required to reflect technical changes. They should also assist members with client engagement letters under the new data protection rules which came into force on 25th May 2018.