Reed Smith Newsletters

Welcome to Reed Smith’s Accountancy Forum newsletter. This newsletter covers a range of issues affecting accounting firms, with a core focus on liability and regulatory risk. Please do get in touch with any questions. If there is a particular issue or case that you would like us to cover in an upcoming edition, we would love to hear from you.

Authors: James Stockman

In this issue...

Lead article

  • Proposed revisions to the Audit Firm Governance Code ­­‒ a welcome change? 

Case notes

  • Privilege is not in the eye of the beholder
  • High Court guidance on accountants’ duty of care when introducing tax schemes
Industry news
  • FRC publishes 2020/21 annual report
  • FRC – Annual Enforcement Review 2021
  • FRC culture conference
  • FRC publishes annual audit quality inspection results
  • HMRC launches consultation on changes to tax basis periods

Firm news

  • Global Disputes in 2021 - A Renewed Perspective
  • Global perspectives - International trends in commercial disputes

To read the full newsletter, download the PDF below.