AIA operates a range of sanctions imposed on members relating to the seriousness of misconduct, the level and history of non-compliance and the risk posed to the interests of the public and the integrity of AIA’s reputation. The AIA Sanctions Handbook is used by AIA disciplinary committees for all complaints and non-compliance referrals they consider; AIA operates an effective and proportionate enforcement policy, applied in a fair and consistent manner.
The International Accounting Standards Board (IASB) today completed the final element of its comprehensive response to the financial crisis by issuing IFRS 9 Financial Instruments. The package of improvements introduced by IFRS 9 includes a logical model for classification and measurement, a single, forward-looking ‘expected loss’ impairment model and a substantially-reformed approach to hedge accounting. The new Standard will come into effect on 1 January 2018 with early application permitted.
HM Revenue and Customs (HMRC) is today giving around 16,000 tax avoidance scheme users the opportunity to pay the tax they owe or risk facing bigger tax bills and heavy legal costs.
The Pensions Regulator’s automatic enrolment: commentary and analysis report 2013-14, published 17 July 2014, shows that 99% of the UK’s largest employers met their legal duties without the need for the regulator to use its statutory powers.
The Pensions Regulator has a communications plan in place for writing directly to all small employers over the next four years.
AIA has been working with The Pensions Regulator to provide a range of information and resources to ensure you're ready for auto-enrolment, this survey was designed to gauge how well accountants have been informed about auto-enrolment and your views on how it will impact on your business and those of your clients.