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IFA enhances accountancy education provision to give learners more flexibility

IFA enhances accountancy education provision to give learners more flexibility Joe Pickard February 9, 2021 (Last Updated February 10th, 2021 16:27) Share Article The Institute of Financial Accountants (IFA) has enhanced its education offering with a programme of ‘roll-on, roll-off’ units in partnership with the Awards for Training and Higher Education (ATHE), a global awarding organisation regulated by Ofqual. Delivered under the IFA Direct brand, the programme allows learners to gain a practising certificate and/ or attain IFA membership. The new programme retains an online learning environment, tutorial support and verifiable CPD points. The additions to the programme include: a greater SME focus: it is ideal for accountants who specifically operate in an SME environment. This makes the learning more relevant to the size, scale and type of business that accountants are working with;

Post-Brexit sanctions: are you ready for the new era?

Post-Brexit sanctions: are you ready for the new era? Joe Pickard February 8, 2021 (Last Updated February 8th, 2021 14:18) Share Article As the UK marks the beginning of a new dawn post-Brexit, new sanctions have come into force that will require full compliance from all agents and accountants. The sanctions regime and licensing exemptions affect many businesses across different jurisdictions. The UK uses sanctions to fulfil a range of purposes, including supporting foreign policy and national security objectives, as well as maintaining international peace and security, and preventing terrorism, writes Anne Davis at the Institute of Financial Accountants   Now no longer subject to EU sanctions, the UK’s legal framework for this has changed, with the introduction of the UK’s sanction regime, the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act).

IFA Year in review: unprecedented uncertainty in a volatile environment

IFA Year in review: unprecedented uncertainty in a volatile environment Verdict Staff January 26, 2021 (Last Updated January 26th, 2021 10:39) Share Article As a professional body with more than 2,500 members in public practice serving more than 750,000 businesses across the SME sector, the Institute of Financial Accountants has had a uniquely frontline view of the industry in the last year. CEO John Edwards writes Covid-19 compounded an already volatile environment, bringing unprecedented levels of uncertainty around the globe. Almost overnight there was a sweeping sense of shock, uncertainty and loss as businesses were forced to close, relocate or operate virtually. However, my overarching experience of 2020 is that during this difficult and damaging time, we are a sector that has shown overwhelming resilience, grit and determination – traits of which we should be very proud.

Comment Details - HMRC set to recognise personal circumstances as tax deadline looms

Comment Details - HMRC set to recognise personal circumstances as tax deadline looms
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IFA: Entities in dark over HMRC customer charter revamp

Categories Given the looming self-assessment tax deadline, which is the focus for many accountants at the moment, it seems an apt time to consider the revamp of the HMRC charter and what it means for businesses and individuals. HMRC has long had a Charter, setting out the standards and behaviours taxpayers and agents can expect from HMRC and what HMRC expects from you, but this is the first major update in several years. Following a period of nearly seven months of consultation between February and August this year, HMRC released an updated version of its Charter in November 2020, incorporating a number of fundamental changes in what support HMRC can and will offer, and also setting out changes which support HMRC’s vision for the modern tax system.

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