In a recent UK report by OPBAS – the Office for Professional Body Anti-Money Laundering Supervision it accuses many professional body supervisors (PBSs) of failing to supervise standards robustly, partly for fear of upsetting members and because they believe money laundering is not an issue for firms. This is the first review by OPBAS of… Read More
Challenge your knowledge on the Solicitors Accounts) Regulations 2014 with this short quiz: ‘I received a cheque from a client on the balancing date, the client ledger card was updated to show receipt of the money, but the cheque was not lodged to the bank until two weeks later. The reporting accountant’s report may show… Read More
The latest on Investment Property Accounting under FRS 102 Challenge your knowledge on Investment Property Accounting under FRS 102. Some of the rules around the accounting for investment properties under FRS 102 have changed for accounting periods commencing 1 January 2019. Test your knowledge of these changes with this quick quiz. The changes to the… Read More