Professional Standards News

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.