icaew case study advanced information november 2023

Get the Reddit app

I want to make a subreddit dedicated to the ICAEW professional qualification. I'll build it when we have established a group of members.

All three advanced levels

Hello apprentices,

I am making this post as someone who passed all three of the advanced level exams in the November 2023 sitting with the following results:

Corporate Reporting - 74% Strategic Business Management - 70% Case Study - 55%

I wanted to share my experience and the key tips I learnt throughout the process for those in a similar situation for the upcoming July sitting.

I have broken this down by exam type with an overall key tips section at the end. Feel free to ask any questions and I will try to respond if not already addressed in this post.

It should be noted that my tuition provider was Kaplan and I sat the BPT pathway during my professional level exams.

Corporate Reporting:

This was by far the most technical of the 3 exams. I spent about 60% of my studying time preparing for corporate reporting and I would suggest you follow a similar time allocation for several reasons.

The breadth of the content covered in this course is enormous and the examiner likes to cover multiple topics at once during the exam. Although a strong grounding in FAR and AA will help, there are many new topics that aren’t covered at FAR level and it can take some time to understand the content and apply it to questions which can seem overwhelming at first.

Corporate reporting content will be very useful for the Strategic Business Management exam. Many questions in SBM will leverage knowledge from CR without requiring the detail of the CR exam. Having a strong understanding of the CR material will allow you to pick up quick marks in SBM and allow you the precious time needed to complete the SBM paper.

As everyone will know from BPT/BPB, the open book does not make the exam easier and the time pressured nature of the exam means you don’t have more than 2-3 minutes to look up material in the open book. Candidates need to be fully prepared for questions and have a good idea of where the crucial information is in their notes or they will not be able to manage the time expectations in CR. Learn your content well and don’t rely on the open book for too much.

Specific study tips:

The ACA masters notes are great for the open book as they are concise and laid out by section. These allows for quick reference of the open book when needed. I would suggest taking in your Kaplan integrated workbook in case you need more detail for a specific question but mainly using the ACA masters notes for prep and the actual exam.

The ACA masters notes also have a great analysis of the 11 month inflo data set which can help score quick marks in the 2nd question of the paper.

I would advise doing the inflo question first as you have the most advantage on this question from the preparation you do for the exam and the software tends to crash later on in the exam as student try to access the twelve month data set.

Strategic Business Management:

I spent about 20% of my remaining study time preparing for SBM. This exam is much more like BST where candidates are required to interpret the questions without specific reference to the materials. This exam requires you to think on your feet and be decisive as indecision can cost valuable time in the exam.

Preparing for this exam can feel difficult as the papers are very unique. Don’t worry too much about the technical aspects of the exam, NPV + hedging etc, as the actual exam is more concerned with your written analysis rather than the accuracy of your calculations.

Try to develop a commercial mindset when practicing for the exam as this will make you more comfortable thinking on your feet and developing positive and negative points out of the information provided.

I don’t think the ACA masters notes are worth it for this exam. I would recommend making your own open book and using the ACA masters notes from the CR exam for the CR related content.

Don’t spend too much time on the content itself and rather use the time to practice the exam questions to help develop that SBM mindset. It is very important that you are able to write quickly.

Case study:

The case study is probably the hardest exam to prepare for as you only know what you really need to know on the day of. That being said, the tutors do a good job of explaining the marking rubric which is the key to passing the exam.

Don’t worry too much about the past papers you write before the advanced information is released. The key is going through the advanced information as often as possible and trying to immerse yourselves in the focus of the case study.

Be comfortable with the calculations for question 1 as these are always the same and the analysis will largely be generic based on whether the company has performed well or badly.

Remember that this is the most time pressured exam and requires a lot of writing. The most important preparation technique is to understand the structure of the exam and be able to fill in the sub headings to hit the key rubric points.

The ACA masters past papers are amazing for this exam. I really regret not doing all of them as the one I didn’t do was a carbon copy of the question 2 that came up on the day.

The most important part of the preparation is understanding the calculations that can come up in the exam as these will form the basis for the discussion to follow and are crucial to passing each requirement.

Overall tips:

Writing all 3 exams can be an extremely stressful process. It is important to be consistent in your preparation and ensure you are exercising, sleeping well and eating the correct foods. Manage your stress levels throughout as you don’t want to burn out before the exams come around. Try your best to focus during college time and complete the sections with the tutors as this will reduce time spent catching up which can increase stress levels significantly.

Remember that you have got this far and are more than capable of passing, no matter how difficult it may seem in the run up to the exams. Feel free to leave any questions below and I will try my best to respond. Best of luck everyone.

New website launched

We are pleased to announce the launch of our new website which integrates our learning platform, information website, purchase links and The Profit Room (our free student learning community) within a single site. Hit the button below to visit our new website. Hope to see you there soon (and in the next few seconds hopefully!). ‍

Exam Room Notes. Tame the clock.

We are in the process of moving all our content to our new website so please click HERE to go to our new website, which contains the latest information. We will not be updating the information on this website so please click the above link to ensure that you are fully up to date. ‍

Organised for super-quick reference.

Whenever we mention the "open book" nature of some ACA papers to our non-accountant friends, we are often told that this makes the exams too easy. Not quite! Having access to unlimited notes sounds great, but the more notes you have, the more searching you'll be doing, so if you do not have the right resource, there is definitely a risk of "losing more than you gain" from your open book notes. With this in mind, all our Exam Room Notes books have been carefully designed for quick alphabetical reference to provide all the answers you need in double-quick speed. We have also largely relied on the available ICAEW past paper and Mock model answers, rather than trying to summarise everything in the Workbook, when creating our Exam Room Notes. This ensures that we focus on the most examinable content, again saving you precious time.

Some stats on our Exam Room Notes.

We review the 30 most recent ICAEW past paper model answer files as part of the process of writing each set of Exam Room Notes, ensuring that any content which has been recently examined definitely features in our notes, ensuring relevance of our content.

We have split the CR and SBM syllabus content into just over 100 different topic areas each, all organised alphabetically. This allows you to go straight to the specific information that you need with laser-guided precision, rather than losing time hunting for info.

Discover the most commonly asked questions about our CR and SBM Exam Room Notes.

We know that students like to study and revise in different ways, so for 2024, we are offering our Exam Room Notes books in hardcopy or PDF formats. An advantage of the hardcopy option is that you don't have to print the resource and you have a bound copy of the book. An advantage of the PDF option is that you can print the book in sections and slot it into your existing notes if you prefer to work that way. Please note that we ask students to choose either the hardcopy or the PDF version: purchasing one format does not entitle you to a copy in the other format, for operational reasons.

Time-saving summaries.

Our Exam Room Notes save you time both before and during the examination through sensibly-organised, summarised notes which incorporate our expert tutor guidance on the likely mark allocation, typical student errors to avoid and other tips. All purchasers of our Exam Room Notes PDF publications have the option to upgrade to our "Enhanced Edition" supporting resources, consisting of videos, interactive questions and additional notes and links to support your learning.

Fully updated for 2024

We have carefully worked through all the syllabus changes for 2023 (as well as the key learning points from model answers to the latest 2022 past papers) to ensure that the latest editions of our Exam Room Notes are fully up-to-date.

Sensible organisation

Rather than relying on the large number of Workbook chapters (yet another cause of "overwhelm" for students), all content in our Exam Room Notes has been organised alphabetically, meaning that you can instantly go to the information that you need.

Fully cross-referenced

To give you the maximum chance of developing your points in the right way, we always provide direct page cross-references to other topic areas within the Exam Room Notes which may be useful to your answer. This allows our Exam Room Notes to serve as a kind of "ideas stimulator" so that you don't forget to include the further follow-on points needed to max your score.

What our students say.

I won the AB Snow Regional Prize for Corporate Reporting at the August 2020 sitting with a score of 86%! Feel I should write in as I used all your Exam Room Notes books for 2020. I found them easy to follow as I used them every day since I bought them. They're logically written and very useful for quick referencing. As I barely have any time to study (my employer does not provide  any allocated study time), they saved me a lot of time compared to compiling  notes.

I passed CR and SBM. Wanted to once again say a huge thank you for all the help in preparing me for this battle. I felt prepared going into these exams and the insights that you were providing proved invaluable during the process. It was a refreshing approach after the big tuition providers and I am glad that you capitalised on the market gap. Also, incredible CR summary notes. After a bit of tabbing, the book becomes lethal in scoring exam marks!

I just want to say a massive thank you!! I took both Corporate Reporting and Case Study courses this year. It was my 4th attempt at CR and I passed. I really liked the repetitive nature of the CR RRQB and the organised nature of the Exam Room Notes. I wish I had  come to you guys sooner for some of my earlier papers to avoid all the frustration and fails.

The Exam Room Notes were particularly helpful for determining whether an entity was an associate, outlining a number of indicators in a format which mirrored the information provided in the exam question.

I am currently preparing for the 3 Advanced Level papers and have bought your Exam Room Notes for CR and SBM. I previously used your BPT Exam Room Notes and similar to that resource, I think they're really great.

On-demand Course

Purchase exam room notes.

© Paradigm Shift Financial Training 2024. All rights reserved.

FAR - Full Series

Learn how to ace the aca certificate level exams, financial accounting and reporting (far) , classroom tuition, online tuition.

• May 1, 2020

How to Pass the ICAEW ACA Case Study Exam

Updated: Feb 22, 2023

This article offers advice on how to pass the ACA Case Study exam. Written by a multiple prize-winning ACA tutor who scored 92% in the Case Study exam and won the ICAEW prize for the highest score in the world, this is essential reading for any student preparing for their Case Study exam.

How to Ace the ACA Case Study Exam

The Case Study is unlike most other ACA exams as there is very little technical content to learn. Therefore, students who are used to memorising technical concepts and then ‘smashing out the question bank’ will be perplexed when they are presented with 40+ pages of advance information and a Case Study exam paper seemingly testing nothing they have learnt in their other 14 exams.

However, the Case Study is actually very similar to the other ACA exams in that the three exam requirements are always the same, as are the mark schemes. By appreciating the consistency in the exam requirements and the mark schemes, you can develop your exam technique to ensure that you tick all the 'boxes' on the mark scheme and complete your ACA qualification in style.

In light of this, we believe that there are 5 steps to Case Study success:

1. Understand how Case Study is marked

2. Understand what each of the three requirements involve

3. Understand what information is provided in the Advance Information (AI) and what is provided in the exam

4. Learn the Case Study exam technique which ensures that you hit all the boxes on the mark scheme

5. Practice mock exams to master your exam technique

Step 1: Understand how Case Study is marked

The Case Study marking process is objective: there is a set marking key for each requirement and if a student’s report includes a point which is on the mark scheme, they will get the mark. This is not like an academic essay where the examiner forms an overall opinion of the piece of work and then decides whether it is good enough to pass; the Case Study marking grid is rigid. Whilst it can be frustrating that making a valid point which is not on the mark scheme does not score a mark, it does mean that the marking process is very transparent and easy to navigate. Below is an example from a Case Study mark scheme to illustrate what I mean by points and boxes.

Step 2: Understand what each of the three requirements involve

As explained above, the three requirements are broadly the same in each Case Study exam.

R1: Analyse the financial performance of the company

R2: Evaluate a financial proposal

R3: Evaluate an opportunity or issue

The mark scheme for each requirement is also the same. This makes the exam fairly predictable.

By having a look at recent past papers, you will soon start see the consistency in the requirements and build an understanding of what each requirement involves.

Step 3: Understand what information is provided in the AI and what is provided in the exam

In addition to the exam requirements and mark schemes being in the same format every time, the AI is also in the same format every time (albeit a different business with different issues).

By working through past Case Study exams, you will soon start to see that the AI always has the same exhibits with very similar types of information e.g. industry background, prior year accounts, key customers / suppliers, strategic goals and risks. Similarly, all the exams include the same exhibits with very similar types of information.

Having completed the exam, it is important to mark it and reflect on what information came from the AI and what came from the exam exhibits. You will soon start to see that the majority of mark scoring points come from the exam exhibits rather than the AI. You will also learn which types of information in the AI tend to be rewarded in the mark scheme and where in the mark scheme they are rewarded, i.e. which box.

Step 4: Learn the Case Study exam technique which ensures that you hit all the boxes on the mark scheme

Having understood what the exam requirements are and how they are marked, you need to develop an exam technique which ensures that your report includes the points which are included on the mark scheme. Fortunately for you, we have developed an exam technique which does this and it has resulted in two students winning the prize for the highest mark in the world (90% and 92%), another winning a prize for the highest mark in their region (88%) and another achieving the highest mark in their firm (81%)!

Given the practical nature of exam technique, it is not possible to explain this in text so you can watch a free class here which teaches you exactly how to ace Requirement 1 and get a prize-winning mark.

Step 5: Practice mock exams to master your exam technique

By this stage in your ACA journey, you will already know that question practice is key to success. Having learnt the prize-winning technique, you then need to practice mock exams on your case study business under exam conditions so that you master the technique and sign off your ACA in style!

Need Help Passing the ACA Case Study Exam?

Details of our live tuition, video tuition, mock exams and proforma reports can be found here .

About the Author

Kieran Doe is a Senior ACA Tutor at ACA Masters. Kieran won ICAEW prizes for his performance in Financial Accounting and Reporting, Tax, Financial Management, Audit, Business Strategy and Case Study. This is in addition to winning several prizes at university for various Accounting, Management, Business and Economics subjects.

Kieran’s tuition is based around the learning techniques and exam strategies which enabled him to win prizes for all the subjects he teaches. Under his guidance, several of his ACA students have also won ICAEW prizes.

Recent Posts

How to Pass the ICAEW ACA Accounting Exam

Get the Easy Marks!

How to Pass the ICAEW ACA Corporate Reporting (CR) Exam

• Course Finder
• Career Advice
• PQ Awards 2022
• PQ Awards 2021
• PQ Awards 2020
• PQ Magazine
• NQ Magazine

Some 5,741 students sat the November 2023 Advanced Level examinations, with 9,417 exams ‘attempted’.

The drop in the Strategic Business Management pass rate to 83.9% might be a worry for some students and tutors alike. It was 88.5% last August and 87.3% a year ago. Both the Case Study and Corporate Reporting pass rates are also down on the August results (see results below).

In all 837 students opted to sit all three advanced papers. Of these 73.2% passed them all, with another 16% picking up at least two out of the three.

Just under 500 students sat just the Corporate Reporting exam, and the pass rate here was a miserly 50.2%. The pass rate for those just sitting Strategic Business Management was only slightly better at 54.8%.

Students from RSM picked up two of the three ‘order of merit’ prizes for the November sitting – James Blackwell for the case study and Louise Fitzgerald for the Strategic Business Management (joint first).

ICAEW ADVANCED LEVEL NOVEMBER 2023 EXAM RESULTS*: Case Study 80.3%; Corporate Reporting 80%; Strategic Business Management 83.9% *All candidates

Copyright © 2024 PQ Publishing.

Privacy Overview

ACA - Case Study 2023

Quick Reply

Related discussions.

• Cannot decide ACA, ACCA, CIMA, CTA
• KPMG vs PWC
• ACA corporate reporting syllabus changes 2023
• Just qualified ACA at Grant Thornton - ask me anything 😊
• Can I get into the Big 4 without a degree?
• ACA Corporate Reporting exam July 2023
• Joining Big 4 UK through graduation scheme with experience in Overseas Big 4 firms
• Azets 2023 Graduate scheme
• Unpopular opinion. The ACA is not difficult, its just long.
• Should I do AAT after my degree or should I go straight into ACCA?
• Finance career question
• A career in accountancy for a third class degree?
• Audit degree apprenticeship at KPMG or compsci degree at KCL?
• Masters degree after ACA?
• AAT L4 vs Sixth form
• Pay lower than stated on contract
• Deloitte brightstart Apprenticehsip
• Accounting (ACA or ACCA)
• Post graduate funding for a chartered accountant

Last reply 3 days ago

Last reply 4 days ago

Last reply 1 week ago

Last reply 2 weeks ago

Last reply 3 weeks ago

Last reply 1 month ago

Posted 1 month ago

Articles for you

Is a postgrad course worth it? The pros and cons of postgraduate study

63 things students wish they had known about university

You don’t need to take a law conversion course for the SQE… but here’s why you should

How do students cover the cost of going to university?

Advanced Level Corporate Reporting advance information

The Advanced Level Corporate Reporting exam includes advance information released prior to the exam sitting. This allows you time to become familiar with the information and to undertake any other appropriate research and analysis.

Select the relevant product below, depending on the exam sitting, and proceed to check out to get the product in your ICAEW Bookshelf. You will be able to access this within your exam and see any notes and highlights you’ve made, as well as using the search function.

This document is also available as a standard PDF that you can print and use in your exam sitting.

To access the pdf and for more information on the Corporate Reporting exam, please visit https://www.icaew.com/for-current-aca-students/exam-resources/advanced-level/corporate-reporting-module-study-resources .

Please note: there is an errata sheet for the July 2022 Advanced Level Corporate Reporting advance information. The errata sheet will be available to students within the exam software, and can be downloaded from the Corporate Reporting exam resources page.

Available editions:

Discover the latest MyICAEW app for ACA students and members, available to download now. Find out more

• Benefits of membership

Gain access to world-leading information resources, guidance and local networks.

• Visit Benefits of membership

Becoming a member

98% of the best global brands rely on ICAEW Chartered Accountants.

• Visit Becoming a member
• Pay fees and subscriptions

Your membership subscription enables ICAEW to provide support to members.

Fees and subscriptions

Member rewards.

Take advantage of the range of value added or discounted member benefits.

• Member rewards – More from your membership
• Technical and ethics support
• Support throughout your career

Information and resources for every stage of your career.

Member Insights Survey

Let us know about the issues affecting you, your business and your clients.

• Complete the survey

From software start-ups to high-flying airlines and high street banks, 98% of the best global brands rely on ICAEW Chartered Accountants. A career as an ICAEW Chartered Accountant means the opportunity to work in any organisation, in any sector, whatever your ambitions.

Everything you need to know about ICAEW annual membership fees, community and faculty subscriptions, eligibility for reduced rates and details of how you can pay.

Membership administration

Welcome to the ICAEW members area: your portal to members'-only content, offers, discounts, regulations and membership information.

• Membership regulations

Members are required to supply certain information to the members’ registrar and to pay annual fees and subscriptions. These matters are governed by regulations.

• Continuing Professional Development (CPD)

Continuing Professional Development (CPD) is an integral part of being a successful ICAEW Chartered Accountant.

The ICAEW Chartered Accountant qualification, the ACA, is one of the most advanced learning and professional development programmes available. It is valued around the world in business, practice and the public sector.

ACA for employers

Train the next generation of chartered accountants in your business or organisation. Discover how your organisation can attract, train and retain the best accountancy talent, how to become authorised to offer ACA training and the support and guidance on offer if you are already providing training.

Digital learning materials via BibliU

All ACA, ICAEW CFAB and Level 4 apprenticeship learning materials are now digital only. Read our guide on how to access your learning materials on the ICAEW Bookshelf using the BibliU app or through your browser.

• Find out more

Take a look at ICAEW training films

Focusing on professional scepticism, ethics and everyday business challenges, our training films are used by firms and companies around the world to support their in-house training and business development teams.

Attract and retain the next generation of accounting and finance professionals with our world-leading accountancy qualifications. Become authorised to offer ACA training and help your business stay ahead.

CPD guidance and help

Continuing Professional Development (CPD) is an integral part of being a successful ICAEW Chartered Accountant. Find support on ICAEW's CPD requirements and access resources to help your professional development.

ICAEW flagship events

ICAEW boasts an extensive portfolio of industry-leading conferences. These flagship events offer the opportunity to hear from and interact with all the key players in the industry. Find out what's coming up.

Leadership Development Programmes

ICAEW Academy’s in-depth leadership development programmes take a holistic approach to combine insightful mentoring or coaching, to exclusive events, peer learning groups and workshops. Catering for those significant transitions in your career, these leadership development programmes are instrumental to achieving your ambitions or fulfilling your succession planning goals.

Specialist Finance Qualifications & Programmes

Whatever future path you choose, ICAEW will support the development and acceleration of your career at each stage to enhance your career.

Why a career in chartered accountancy?

If you think chartered accountants spend their lives confined to their desks, then think again. They are sitting on the boards of multinational companies, testifying in court and advising governments, as well as supporting charities and businesses from every industry all over the world.

• Why chartered accountancy?

Search for qualified ACA jobs

Matching highly skilled ICAEW members with attractive organisations seeking talented accountancy and finance professionals.

Volunteering roles

Helping skilled and in-demand chartered accountants give back and strengthen not-for-profit sector with currently over 2,300 organisations posting a variety of volunteering roles with ICAEW.

• Search for volunteer roles
• Get ahead by volunteering

Advertise with ICAEW

From as little as £495, access to a pool of highly qualified and ambitious ACA qualified members with searchable CVs.

Early careers and training

Start your ACA training with ICAEW. Find out why a career in chartered accountancy could be for you and how to become a chartered accountant.

Qualified ACA careers

Find Accountancy and Finance Jobs

Voluntary roles

Find Voluntary roles

While you pursue the most interesting and rewarding opportunities at every stage of your career, we’re here to offer you support whatever stage you are or wherever you are in the world and in whichever sector you have chosen to work.

ACA students

"how to guides" for aca students.

• ACA student guide
• How to book an exam
• How to apply for credit for prior learning (CPL)

Exam resources

Here are some resources you will find useful while you study for the ACA qualification.

• Certificate Level
• Professional Level
• Advanced Level

Digital learning materials

All ACA learning materials are now digital only. Read our guide on how to access your learning materials on the ICAEW Bookshelf via the BibliU app, or through your browser.

• Read the guide

My online training file

Once you are registered as an ACA student, you'll be able to access your training file to log your progress throughout ACA training.

• Access your training file
• Student Insights

Fresh insights, innovative ideas and an inside look at the lives and careers of our ICAEW students and members.

• Read the latest articles

System status checks

Getting started.

Welcome to ICAEW! We have pulled together a selection of resources to help you get started with your ACA training, including our popular 'How To' series, which offers step-by-step guidance on everything from registering as an ACA student and applying for CPL, to using your online training file.

Credit for prior learning (CPL)

Credit for prior learning or CPL is our term for exemptions. High quality learning and assessment in other relevant qualifications is appropriately recognised by the award of CPL.

Apply for exams

What you need to know in order to apply for the ACA exams.

The ACA qualification has 15 modules over three levels. They are designed to complement the practical experience you will be gaining in the workplace. They will also enable you to gain in-depth knowledge across a broad range of topics in accountancy, finance and business. Here are some useful resources while you study.

• Exam results

You will receive your results for all Certificate Level exams, the day after you take the exam and usually five weeks after a Professional and Advanced Level exam session has taken place. Access your latest and archived exam results here.

Training agreement

Putting your theory work into practice is essential to complete your ACA training.

Student support and benefits

We are here to support you throughout your ACA journey. We have a range of resources and services on offer for you to unwrap, from exam resources, to student events and discount cards. Make sure you take advantage of the wealth of exclusive benefits available to you, all year round.

• Applying for membership

The ACA will open doors to limitless opportunities in all areas of accountancy, business and finance anywhere in the world. ICAEW Chartered Accountants work at the highest levels as finance directors, CEOs and partners of some of the world’s largest organisations.

ACA training FAQs

Do you have a question about the ACA training? Then look no further. Here, you can find answers to frequently asked questions relating to the ACA qualification and training. Find out more about each of the integrated components of the ACA, as well as more information on the syllabus, your training agreement, ICAEW’s rules and regulations and much more.

• Anti-money laundering

Guidance and resources to help members comply with their legal and professional responsibilities around AML.

Technical releases

ICAEW Technical Releases are a source of good practice guidance on technical and practice issues relevant to ICAEW Chartered Accountants and other finance professionals.

• ICAEW Technical Releases
• Thought leadership

ICAEW's Thought Leadership reports provide clarity and insight on the current and future challenges to the accountancy profession. Our charitable trusts also provide funding for academic research into accountancy.

• Academic research funding

Technical Advisory Services helpsheets

Practical, technical and ethical guidance highlighting the most important issues for members, whether in practice or in business.

• ICAEW Technical Advisory Services helpsheets

Bloomsbury – free for eligible firms

In partnership with Bloomsbury Professional, ICAEW have provided eligible firms with free access to Bloomsbury’s comprehensive online library of around 80 titles from leading tax and accounting subject matter experts.

• Bloomsbury Accounting and Tax Service

Country resources

Our resources by country provide access to intelligence on over 170 countries and territories including economic forecasts, guides to doing business and information on the tax climate in each jurisdiction.

Industries and sectors

Thought leadership, technical resources and professional guidance to support the professional development of members working in specific industries and sectors.

• Audit and Assurance

The audit, assurance and internal audit area has information and guidance on technical and practical matters in relation to these three areas of practice. There are links to events, publications, technical help and audit representations.

The most up-to-date thought leadership, insights, technical resources and professional guidance to support ICAEW members working in and with industry with their professional development.

• Corporate Finance

Companies, advisers and investors making decisions about creating, developing and acquiring businesses – and the wide range of advisory careers that require this specialist professional expertise.

• Corporate governance

Corporate governance is the system by which companies are directed and controlled. Find out more about corporate governance principles, codes and reports, Board subcommittees, roles and responsibilities and shareholder relations. Corporate governance involves balancing the interests of a company’s many stakeholders, such as shareholders, employees, management, customers, suppliers, financiers and the community. Getting governance right is essential to build public trust in companies.

Corporate reporting

View a range of practical resources on UK GAAP, IFRS, UK regulation for company accounts and non-financial reporting. Plus find out more about the ICAEW Corporate Reporting Faculty.

Expert analysis on the latest national and international economic issues and trends, and interviews with prominent voices across the finance industry, alongside data on the state of the economy.

• Financial Services

View articles and resources on the financial services sector.

• Practice resources

For ICAEW's members in practice, this area brings together the most up-to-date thought leadership, technical resources and professional guidance to help you in your professional life.

Public Sector

Many ICAEW members work in or with the public sector to deliver public priorities and strong public finances. ICAEW acts in the public interest to support strong financial leadership and better financial management across the public sector – featuring transparency, accountability, governance and ethics – to ensure that public money is spent wisely and that public finances are sustainable.

Sustainability and climate change

Sustainability describes a world that does not live by eating into its capital, whether natural, economic or social. Members in practice, in business and private individuals all have a role to play if sustainability goals are to be met. The work being undertaken by ICAEW in this area is to change behaviour to drive sustainable outcomes.

The Tax area has information and guidance on technical and practical tax matters. There are links to events, the latest tax news and the Tax Faculty’s publications, including helpsheets, webinars and Tax representations.

Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.

Trust & Ethics

Guidance and resources on key issues, including economic crime, business law, better regulation and ethics. Read through ICAEW’s Code of Ethics and supporting information.

Communities

ICAEW Communities

Information, guidance and networking opportunities on industry sectors, professional specialisms and at various stages throughout your career. Free for ICAEW members and students.

• Discover a new community

ICAEW Faculties

The accountancy profession is facing change and uncertainty. The ICAEW Faculties can help by providing you with timely and relevant support.

• Choose to join any of the faculties

UK groups and societies

We have teams on the ground in: East of England, the Midlands, London and South East, Northern, South West, Yorkshire and Humberside, Wales and Scotland.

• Access your UK region
• Worldwide support and services

Support and services we offer our members in Africa, America, Canada, the Caribbean, Europe, Greater China, the Middle East, Oceania and South East Asia.

• Discover our services

ICAEW Faculties are 'centres of technical excellence', strongly committed to enhancing your professional development and helping you to meet your CPD requirements every year. They offer exclusive content, events and webinars, customised for your sector - which you should be able to easily record, when the time comes for the completion of your CPD declaration. Our offering isn't exclusive to Institute members. As a faculty member, the same resources are available to you to ensure you stay ahead of the competition.

Communities by industry / sector

Communities by life stage and workplace, communities by professional specialism, local groups and societies.

We aim to support you wherever in the world you work. Our regional offices and network of volunteers run events and provide access to local accounting updates in major finance centres around the globe.

Election explainers

ICAEW experts offer simple guides to help understand the technical, economic jargon that will be at the heart of political debates in the coming weeks.

Insights pulls together the best opinion, analysis, interviews, videos and podcasts on the key issues affecting accountancy and business.

• See the latest insights

ICAEW podcasts

ICAEW produces two podcast series that count towards your CPD: Accountancy Insights for news from across the profession, and The Tax Track for specialist analysis from the ICAEW Tax Faculty.

Professional development and skills

With new requirements on ICAEW members for continuing professional development, we bring together resources to support you through the changes and look at the skills accountants need for the future.

• Visit the hub
• Diversity and Inclusion

Diversity and inclusion is a key pillar of ICAEW's strategy. Discover the latest insights on equality, diversity and inclusion. You can also join our Diversity & Inclusion Community.

• Find out more on our hub
• Join the community

Insights specials

A listing of one-off Insights specials that focus on a particular subject, interviewing the key people, identifying developing trends and examining the underlying issues.

Top podcasts

Insights by topic.

ICAEW Regulation

• Regulatory News

View the latest regulatory updates and guidance and subscribe to our monthly newsletter, Regulatory & Conduct News.

• Regulatory Consultations

Strengthening trust in the profession

Our role as a world-leading improvement regulator is to strengthen trust and protect the public. We do this by enabling, evaluating and enforcing the highest standards in the profession. 

Regulatory applications

Find out how you can become authorised by ICAEW as a regulated firm. 

ICAEW codes and regulations

Professional conduct and complaints, statutory regulated services overseen by icaew, regulations for icaew practice members and firms, additional guidance and support, popular search results.

• Practice Exam Software
• Training File
• Ethics Cpd Course
• Routes to the ACA
• ACA students membership application
• Join as a member of another body
• How much are membership fees?
• How to pay your fees
• Receipts and invoices
• What if my circumstances have changed?
• Difficulties in making changes to your membership
• Faculty and community subscription fees
• Updating your details
• Complete annual return
• Promoting myself as an ICAEW member
• Verification of ICAEW membership
• Become a life member
• Become a fellow
• Request a new certificate
• Report the death of a member
• Practising certificates
• Advancement to fellowship regulations
• Regulations relating to membership cessation, readmission and resignation
• ICAEW's guide to directors' duties and responsibilities
• Information to be supplied by members
• Payment of annual subscription
• Power to change subscription fees
• New members
• Career progression
• Career Breakers
• Volunteering at schools and universities
• ICAEW Member App
• Working internationally
• Self employment
• Support Members Scheme
• Your guide to CPD
• CPD learning resources
• Online CPD record
• How to become a chartered accountant
• Register as a student
• Train as a member of another body
• More about the ACA and chartered accountancy
• How ACA training works
• Become a training employer
• Access the training file
• Why choose the ACA
• Training routes
• Employer support hub
• Get in touch
• Apprenticeships with ICAEW
• A-Z of CPD courses by topic
• Firms' guide to CPD
• ICAEW Business and Finance Professional (BFP)
• ICAEW Annual Conference 2024
• Restructuring & Insolvency Conference
• Virtual CPD Conference
• Virtual Healthcare Conference 2024
• All our flagship events
• Financial Talent Executive Network (F-TEN®)
• Developing Leadership in Practice (DLiP™)
• Network of Finance Leaders (NFL)
• Women in Leadership (WiL)
• Mentoring and coaching
• Partners in Learning
• Board Director's Programme e-learning
• Corporate Finance Qualification
• Diploma in Charity Accounting
• ICAEW Certificate in Insolvency
• ICAEW Data Analytics Certificate
• Financial Modeling Institute’s Advanced Financial Modeler Accreditation
• ICAEW Sustainability Certificate for Finance Professionals
• ICAEW Finance in a Digital World Programme
• All specialist qualifications
• Team training
• Start your training
• Improve your employability
• Search employers
• Find a role
• Role alerts
• Organisations
• Practice support – 11 ways ICAEW and CABA can help you
• News and advice
• ICAEW Volunteering Hub
• Support in becoming a chartered accountant
• Vacancies at ICAEW
• ICAEW boards and committees
• Exam system status
• ICAEW systems: status update
• Changes to our qualifications
• How-to guides for ACA students
• Apply for credits - Academic qualification
• Apply for credits - Professional qualification
• Credit for prior learning (CPL)/exemptions FAQs
• Applications for Professional and Advanced Level exams
• Applications for Certificate Level exams
• Tuition providers
• Latest exam results
• Archived exam results
• Getting your results
• Marks feedback service
• Exam admin check
• Training agreement: overview
• Professional development
• Ethics and professional scepticism
• Practical work experience
• Access your online training file
• How training works in your country
• Student rewards
• TOTUM PRO Card
• Student events and volunteering
• Xero cloud accounting certifications
• Student support
• Join a community
• Wellbeing support from caba
• Student mentoring programme
• Student conduct and behaviour
• Code of ethics
• Fit and proper
• Level 4 Accounting Technician Apprenticeship
• Level 7 Accountancy Professional Apprenticeship
• AAT-ACA Fast Track FAQs
• ACA rules and regulations FAQs
• ACA syllabus FAQs
• ACA training agreement FAQs
• Audit experience and the Audit Qualification FAQs
• Independent student FAQs
• Practical work experience FAQs
• Professional development FAQs
• Six-monthly reviews FAQs
• Ethics and professional scepticism FAQs
• Greater China
• Latin America
• Middle East
• North America
• Australasia
• Russia and Eurasia
• Southeast Asia
• Charity Community
• Construction & Real Estate
• Energy & Natural Resources Community
• Farming & Rural Business Community
• Forensic & Expert Witness
• Global Trade Community
• Healthcare Community
• Internal Audit Community
• Manufacturing Community
• Media & Leisure
• Portfolio Careers Community
• Small and Micro Business Community
• Small Practitioners Community
• Travel, Tourism & Hospitality Community
• Valuation Community
• Audit and corporate governance reform
• Audit & Assurance Faculty
• Professional judgement
• Regulation and working in audit
• Internal audit resource centre
• ICAEW acting on audit quality
• Everything business
• Latest Business news from Insights
• Strategy, risk and innovation
• Business performance management
• Financial management
• Finance transformation
• Economy and business environment
• Leadership, personal development and HR
• Webinars and publications
• Business restructuring
• The Business Finance Guide
• Capital markets and investment
• Corporate finance careers
• Corporate Finance Faculty
• Debt advisory and growth finance
• Mergers and acquisitions
• Private equity
• Start-ups, scale-ups and venture capital
• Transaction services
• Board committees and board effectiveness
• Corporate governance codes and reports
• Corporate Governance Community
• Principles of corporate governance
• Roles, duties and responsibilities of Board members
• Stewardship and stakeholder relations
• Corporate Governance thought leadership
• Corporate reporting resources
• Small and micro entity reporting
• UK Regulation for Company Accounts
• Non-financial reporting
• Improving Corporate Reporting
• Economy home
• ICAEW Business Confidence Monitor
• ICAEW Manifesto 2024
• Economy explainers
• Spring Budget 2024
• Energy crisis
• Levelling up: rebalancing the UK’s economy
• Resilience and Renewal: Building an economy fit for the future
• Social mobility and inclusion
• Investment management
• Inspiring confidence
• Setting up in practice
• Running your practice
• Supporting your clients
• Practice technology
• TAS helpsheets
• Support for business advisers
• Join ICAEW BAS
• Public Sector hub
• Public Sector Audit and Assurance
• Public Sector Finances
• Public Sector Financial Management
• Public Sector Financial Reporting
• Public Sector Learning & Development
• Public Sector Community
• Latest public sector articles from Insights
• Making COP count
• Climate hub
• Sustainable Development Goals
• Accountability
• Modern slavery
• Resources collection
• Sustainability Committee
• Sustainability & Climate Change community
• Sustainability and climate change home
• Tax Faculty
• Budgets and legislation
• Business tax
• Devolved taxes
• Employment taxes
• International taxes
• Making Tax Digital
• Personal tax
• Property tax
• Stamp duty land tax
• Tax administration
• Tax compliance and investigation
• UK tax rates, allowances and reliefs
• Artificial intelligence
• Blockchain and cryptoassets
• Cyber security
• Data Analytics Community
• Digital skills
• Excel community
• Finance in a Digital World
• IT management
• Technology and the profession
• Trust & Ethics home
• Better regulation
• Business Law
• UK company law
• Data protection and privacy
• Economic crime
• Help with ethical problems
• ICAEW Code of Ethics
• ICAEW Trust and Ethics team.....
• Solicitors Community
• Forensic & Expert Witness Community
• Latest articles on business law, trust and ethics
• Audit and Assurance Faculty
• Corporate Reporting Faculty
• Financial Services Faculty
• Academia & Education Community
• Construction & Real Estate Community
• Entertainment, Sport & Media Community
• Retail Community
• Black Members Community
• Career Breakers Community
• Diversity & Inclusion Community
• Women in Finance Community
• Personal Financial Planning Community
• Restructuring & Insolvency Community
• Sustainability and Climate Change Community
• London and East
• South Wales
• Yorkshire and Humberside
• European public policy activities
• ICAEW Middle East
• Latest news
• The World’s Fastest Accountant
• Access to finance special
• Attractiveness of the profession
• Audit and Fraud
• Audit and technology
• Adopting non-financial reporting standards
• Cost of doing business
• Mental health and wellbeing
• Pensions and Personal Finance
• Ukraine crisis: central resource hub
• More specials ...
• The economics of biodiversity
• How chartered accountants can help to safeguard trust in society
• Video: The financial controller who stole £20,000 from her company
• It’s time for chartered accountants to save the world
• Video: The CFO who tried to trick the market
• Video: Could invoice fraud affect your business?
• How to get Britain growing
• Groupthink: the boardroom’s most pervasive problem?
• Corporate reporting update and VAT on private hire vehicles
• AI in audit: the good, the bad and the ugly
• Company size thresholds and CGT on residences
• Lessons in leadership from ICAEW's CEO
• So you want to be a leader?
• A busy new tax year, plus progress on the Economic Crime Act
• Does Britain have a farming problem?
• Budget 2024: does it change anything?
• Will accountants save the world? With ICAEW CEO Michael Izza
• More podcasts...
• Top charts of the week
• EU and international trade
• CEO and President's insights
• Sponsored content
• Insights index
• Charter and Bye-laws
• Archive of complaints, disciplinary and fitness processes, statutory regulations and ICAEW regulations
• Qualifications regulations
• Training and education regulations
• How to make a complaint
• Guidance on your duty to report misconduct
• Public hearings
• What to do if you receive a complaint against you
• Anti-money laundering supervision
• Working in the regulated area of audit
• Local public audit in England
• Probate services
• Designated Professional Body (Investment Business) licence
• Consumer credit
• Quality Assurance monitoring: view from the firms
• The ICAEW Practice Assurance scheme
• Licensed Practice scheme
• Professional Indemnity Insurance (PII)
• Clients' Money Regulations
• Taxation (PCRT) Regulations
• ICAEW training films
• Helpsheets and guidance by topic
• ICAEW's regulatory expertise and history
• Tech news in brief

Tech news in brief April 2024

Regulations

Published: 19 May 2024 Update History

ISSB publishes its digital sustainability taxonomy 

Financial Reporting | 30 April 2024  The International Sustainability Standards Board (ISSB) has  published  the IFRS Sustainability Disclosure Taxonomy enabling investors to search, extract and compare sustainability-related financial disclosures. 

IFAC proposes enhancements to International Education Standards 

Financial Reporting | 24 April 2024  The International Federation of Accountants (IFAC) has  announced  proposed amendments to the International Education Standards introducing sustainability reporting concepts and embedding them across aspiring professional accountants’ training. The deadline for comments is 24 July 2024. 

IASB embarks upon comprehensive review of accounting for intangibles 

Financial Reporting | 23 April 2024  The International Accounting Standards Board (IASB) has  launched  an in-depth review of accounting requirements for intangibles, assessing whether the extant requirements of IAS 38 Intangible Assets should be improved to fairly reflect current business models.  

ISSB to commence research projects about risks and opportunities related to nature and human capital 

Financial Reporting | 23 April 2024  The International Sustainability Standards Board (ISSB) has  announced  its intent to undertake projects researching the risks and opportunities associated with biodiversity, ecosystems and ecosystem services as well as with human capital. The ISSB will then assess and define the limitations with current disclosure in these areas and ultimately decide whether standard setting is required. 

IASB publishes Business Combinations under Common Control project summary

Financial Reporting | 17 April 2024  The International Accounting Standards Board (IASB) has  concluded  its project on Business Combinations under Common Control (BCUCC) publishing a project summary which explains the reasons behind its decision in November 2023 not to develop requirements for reporting BCUCCs.  

IPSASB proposes amendments considering IFRIC interpretations 

Financial Reporting | 16 April 2024  The International Public Sector Accounting Standards Board (IPSASB) has  launched  a consultation on proposed amendments based on five IFRS Interpretations Committee interpretations which the IPSASB had not considered. The deadline for comments is 17 June 2024.  

IAASB releases new strategy and work plan 

Audit and Assurance | 11 April 2024  The International Auditing and Assurance Standards Board (IAASB) has published a new strategy and work plan for 2024 – 2027 aimed at enhancing consistency and quality of audit and assurance standards worldwide. Highlights include completing the fraud, going concern and sustainability assurance projects and commencing new projects such as establishing an IAASB Technology Position. 

IESBA releases new strategy and work plan 

Ethics | 11 April 2024  The International Ethics Standards Board for Accountants (IESBA) has  published  its strategy and work plan for 2024 – 2027 setting out its strategic roadmap to place ethics at the heart of corporate decision-making. Highlights include an expansion of activity to address culture and governance at accounting firms and an exploration of increased scope and applicability of the IESBA Code to all individuals who perform the same activities as professional accountants. 

IFAC sets out key areas where updated knowledge is required by accountants to meet increasing sustainability demands 

Financial Reporting & Audit and Assurance | 10 April 2024  The International Federation of Accountants (IFAC) has  issued  a publication which lays out four key areas where accountants need to update their knowledge and skills to meet the growing demand for high-quality sustainability information. These are technical expertise, business acumen, behavioural competence and ethics and professional values.   

IASB announces new Standard to aid investor analysis of companies’ financial performance

Financial Reporting | 9 April 2024 The International Accounting Standards Board (IASB) has  unveiled  new standard IFRS 18 Presentation and Disclosure in Financial Statements. The standard introduces three sets of new requirements to improve companies’ reporting of financial performance and give investors a better basis for analysing and comparing companies.

PCAOB launches consultation on two public reporting proposals

Audit and assurance | 9 April 2024 The Public Company Accounting Oversight Board (PCAOB) has  issued  for public comment a proposal regarding public reporting of standardised firm and engagement metrics as well as a proposal regarding the PCAOB framework for collecting information from audit firms. If adopted, the proposals will require certain registered public accounting firms to publicly report specified metrics and facilitate the disclosure of more complete, standardized, and timely information. The deadline for comments is 7 June 2024.

Read out this code to the operator.