Living together in a group is a strategy many animals use to survive and thrive. And a big part of what makes that living situation successful is listening. In this episode, we explore the collaborative world of the naked mole-rat. Threshold is nonprofit, listener-supported, and independently produced. You can support Threshold by donating today . To stay connected, sign up for our newsletter . Operation frog sound! Send us your frog sounds for an upcoming episode. We want you to go out, listen for frogs and toads, and record them. Just find someone croaking, and hit record on your phone. It doesn’t matter if there’s background noise. It doesn’t even matter if you’re not sure whether or not you’re hearing an amphibian—if you think you are, we would love to get a recording from you. Please also say your name and where you are in the world, and then email the recording to us at outreach@thresholdpodcast.org…
ICAEW is a professional membership organisation that provides insight and leadership to the global accountancy and finance profession.
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In this podcast series from the Institute of Chartered Accountants in England and Wales (ICAEW), a panel of guests dissect the latest headlines and provide expert analysis on the top stories from across the world of business, finance and accountancy
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Accelerate ACCA & ICAEW journey with AccountancyIQ! Simplifying complex topics, revealing real-world insights, and boosting accounting confidence. Listen anywhere; bridge theory with practice. Subscribe now and unlock your AccountancyIQ! #accountancy #acca #icaew #auditing #practicalaccounting #OnTheGo #ExamSlayer #NasirUddin #AccountingInspiration
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What’s in a number? How are numbers used to frame conversations? And why is this insight vital for business leaders? Join host Louise Cooper and her expert guests as they unpack the stories behind some of the most important numbers in our world today, to show why critical thinking is more important than ever. More Than A Number is brought to you by ICAEW, representing chartered accountants who are a force for positive economic change across the world. All views expressed on this podcast are ...
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INSIGHTS IN ACCOUNTING is a weekly podcast for accountants and CPAs, together with the networks, associations, fintech vendors and influencers who lead them, work in them and serve them. The show selects accounting and fintech news articles blogs. Listeners receive commentary, critical insights and analysis together with the implications and takeaways for accountants, bookkeepers and CPAs to develop their business acumen & commercial awareness. The style of the show is not overly technical/t ...
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Taxing times: cryptoassets in the spotlight
21:09
21:09
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21:09Ownership of cryptoassets may be on the rise, but many myths persist when it comes to how they taxed. This episode looks at how accountants can help clients to meet their tax obligations.By ICAEW
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Accountancy Insights: Adapting post-tariffs, MTD at 10, UK GAAP changes
29:01
29:01
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29:01In this episode, we discuss how the Trump administration’s tariffs will hamper the government’s growth plans, the progress made towards Making Tax Digital on its tenth birthday, and how changes to FRS 102 and 105 will affect the nation’s small businesses. Philippa Lamb is joined in the studio by Iain Wright, Chief Policy and Communications Officer;…
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Behind the numbers: What Britain needs to grow
35:36
35:36
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35:36In this episode of Behind the Numbers, we discuss the necessary ingredients to support economic growth. It’s a clear priority for the government. An industrial strategy is due to be published in the coming months – with eight key sectors for the UK already identified – and reviews of taxation and regulation are also taking place. As the Spring Stat…
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Accountancy insights: Happy birthday, HMRC
21:49
21:49
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21:49In this episode, we have a report by Mark Rowland from the ’20 Years of HMRC’ event held on 11 March at Chartered Accountants’ Hall, in which he speaks to James Murray, Exchequer Secretary to the Treasury, and Lord O’Donnell, former Permanent Secretary to the Treasury, among others, about the future of digitisation and HMRC. Tax changes announced a…
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Behind the Numbers: Succession planning - is employee ownership the answer?
27:36
27:36
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27:36In this episode of Behind the Numbers, we discuss the appropriateness of employee ownership trusts (EOTs) for accountancy practices. The majority of mid-tier accountancy and audit firms are still structured as limited liability partnerships. But, with nearly half of firms citing succession planning as a critical talent challenge, and private equity…
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Trump tariffs update and HMRC service standards
29:17
29:17
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29:17In this episode, we discuss the latest developments in President Trump’s tariffs rollout and how they may affect UK businesses. We also explore a new joint report by ICAEW and the Chartered Institute of Taxation into HMRC service standards, which includes research findings from 31 agent firms. Philippa Lamb is joined in the studio by ICAEW’s Iain W…
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The Billionaire, the Banks, and the Balance Sheet Breakdown
11:55
11:55
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11:55Send us a text What happens when banks lend $13 billion to a billionaire with a Twitter addiction? Well, let’s just say IFRS 9 wasn’t built for this level of chaos. In this episode, we break down how banks classify investments in debt—Amortised Cost, FVOCI, or FVTPL—and how that classification suddenly matters a lot when your borrower is firing hal…
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Behind the Numbers: A ticking tech skills timebomb
28:59
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28:59In this episode of Behind the Numbers, we discuss continuous learning around technology and artificial intelligence. For accountants, getting the most out of fast-evolving technologies involves more than simply training people how to use them. Judgement, communication and granular accountancy skills all come into play. So how can firms identify the…
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Trump, tariffs and EU turmoil: 2025 predictions
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34:43
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34:43In this special episode of Accountancy Insights, we look ahead to the most significant events and trends anticipated in 2025. Last year brought a new UK government and its controversial first Budget. With things now appearing more settled at home, the upcoming inauguration of President Trump in the US and the recent collapse of governments in Europ…
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Behind the Numbers: the financial case for sustainability
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31:06In this episode of Behind the Numbers, we discuss the progress of sustainability reporting. Across the globe, sustainability reporting has become increasingly mandated for large organisations. Now, with the CSRD introduced in the European Union and the first two ISSB standards set to be endorsed by the UK, the challenge for accountants lies in ensu…
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Accountancy Insights: Regulating tax advice, plus new professional behaviour wording
16:37
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16:37In this episode, we speak to Ray McCann, fresh from delivering this year’s Hardman Lecture on Monday 25 November, about regulating the provision of tax advice. Plus, Sophie Wales, ICAEW Director of Regulatory Policy, explains upcoming changes to the ICAEW Code of Ethics around professional behaviour. Time codes 00:55 Regulating tax advice 08:09 New…
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Behind the Numbers: Can we unclog the local audit backlog?
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22:25In this episode of Behind the Numbers, we discuss whether the filing of local authority audited accounts will ever get back on track. Just 1% of local bodies published audited accounts on time for the 2022/23 [LE1] financial year. Now, the government has introduced backstop dates in the hopes of resetting the system, with the first arriving on 13 D…
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Accountancy Insights: Budget 2024 - a gamble on growth
30:46
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30:46In this special episode of Accountancy Insights, we discuss whether the Autumn Budget will provide a much-needed shot in the arm for business confidence and investment activity. Philippa Lamb is joined by Iain Wright, Managing Director, Reputation and Influence, ICAEW; Frances Haque, Chief Economist, Santander UK; and David Williamson, Political Ed…
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Behind the Numbers: Guarding against the AI cyber crimewave
36:02
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36:02In this episode of Behind the Numbers, we discuss how the use of new technologies by criminals is putting businesses at risk. A recent Europe-wide report found that 40% of chief internal auditors cited artificial intelligence as a top five business-critical risk. So, how can professionals protect themselves and their employers? And what can SMEs wi…
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In this episode, we recap revisions to ISA 600 on group audit, and we discuss the likely contents of the AI Bill that is expected to be brought to Parliament before the end of the year. Philippa Lamb is joined by Catherine Hardinge, Partner at Price Bailey; and Oliver Nelson-Smith, Tech Policy Manager at ICAEW. Time codes 00:30 Group audit 06:18 AI…
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Behind the numbers: why are we taxing tourists?
31:36
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31:36In this episode of Behind the Numbers, we discuss the introduction of tourism taxes in the UK. During 2024, such taxes have been introduced in Manchester, Poole, Bournemouth and Brighton. Now, Edinburgh City Council has put forward draft proposals for a visitor levy scheme, which would charge visitors 5% of their accommodation costs per night for u…
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Accountancy Insights: Taxing cryptoassets and reporting suspicions of fraud
19:20
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19:20In this episode, we discuss the available guidance on, and the application of general principles to, the taxation of cryptoassets; as well as how auditors should be acting on their obligation to report suspicions of fraud to the regulator. Philippa Lamb is joined by Richard Jones, Senior Technical Manager in Tax Policy at ICAEW; Dion Seymour, Crypt…
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Behind the Numbers: How to stop accountancy’s brain drain
30:35
30:35
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30:35In this episode of Behind the Numbers, we discuss ways to improve recruitment and retention in accountancy. While the pipeline of new joiners remains healthy, holding onto qualified staff is proving challenging. New research by ICAEW on mid-tier firms demonstrates just how significant the issue is – with 70% of participants identifying talent as th…
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Accountancy Insights: Business confidence, local authority finance, probate delays, and tax reform
40:33
40:33
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40:33In this bumper episode, we discuss the latest findings of ICAEW’s Business Confidence Monitor and why three-quarters of councils in England are at least a year behind in publishing audited accounts. Plus, we hear an update on the probate service and explore ICAEW’s recommendations for the new government’s business tax road map. Philippa Lamb is joi…
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Behind the Numbers: Why are female-led startups so underfunded?
35:16
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35:16In this episode of Behind the Numbers, we discuss gender inequality in investment. Women continue to be underrepresented in venture capital, particularly at senior levels. The scales are even less balanced for female founders, who received just 2% of venture capital funding in recent years. As the new government puts productivity and growth at the …
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Accountancy Insights: How to get Britain growing
26:55
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26:55One week on from the general election, this special episode of Accountancy Insights discusses the policies of the new UK government. The Labour Party has taken power with a sweeping victory not seen since 1997. Now, it faces the same challenge that successive governments have struggled to tackle: kickstarting the UK economy. With little room for ma…
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Behind the Numbers: Groupthink – the boardroom’s most pervasive problem?
39:55
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39:55In this episode of Behind the Numbers, we discuss strategies to prevent and tackle groupthink at board level. By suppressing debate and disrupting effective decision-making, groupthink poses a significant governance challenge for firms. Notably, the recent scandal over fee transparency at wealth manager St James’s Place – which has set aside £426m …
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Accountancy Insights: Corporate reporting update and VAT on private hire vehicles
20:02
20:02
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20:02In this episode, we discuss important developments in corporate reporting, including amendments to UK GAAP, new standards IFRS18 and IFRS19, and the timeline for implementing IFRS S1 and IFRS S2. We also discuss the evolving VAT treatment of private hire vehicles as a result of recent court cases and how the Treasury may seek to respond. Philippa L…
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ICAEW Insights In Focus: AI in audit - the good, the bad and the ugly
39:57
39:57
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39:57In this ICAEW Insights In Focus episode, we discuss the use of artificial intelligence in audit. Depending on who you talk to, generative AI is either going to revolutionise the way auditors work or replace certain roles in the sector entirely. The truth probably lies somewhere in between. So, how are auditors beginning to use AI? And how can pract…
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ICAEW Insights: Company size thresholds and CGT on residences
19:59
19:59
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19:59In this episode of the ICAEW Insights podcast, we discuss upcoming changes to company size thresholds and what they mean for reporting requirements. Plus, with capital gains tax in the headlines, we explore the rules and restrictions when it comes to selling residential property. Philippa Lamb is joined by Sally Baker, Head of Corporate Reporting S…
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ICAEW Insights In Focus: Lessons in leadership from ICAEW's CEO
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33:40In this special bonus episode of Insights In Focus, we meet new ICAEW CEO Alan Vallance to discuss the leadership lessons of his career. Alan is an ICAEW Chartered Accountant and joined the Institute as CEO in April 2024. His career has spanned various sectors and countries, as well as detailed experience in leading membership bodies RIBA and the C…
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ICAEW Insights In Focus: So you want to be a leader?
30:28
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30:28In this Insights In Focus episode, we discuss how accountants can build the skills needed to take on leadership and executive roles during their careers. In a recent report by the Financial Times, one anonymous headhunter was quoted as saying: “If America is run by lawyers, then the UK is run by accountants.” It’s backed up by the data, too: around…
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Send us a text Understanding the nuances of accounting standards can be complex, especially when it comes to properties, plants, and equipment (PPE). In this video, I discuss various classifications of PPE and their accounting treatments. From assets used directly in business operations (IAS 16) to those rented out to others (IAS 40), each category…
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ICAEW Insights: A busy new tax year, plus progress on the Economic Crime Act
17:54
17:54
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17:54In this episode, we discuss why the arrival of the 2024/25 tax year is particularly busy for accountants, and the main changes to be aware of from 6 April. Plus, six months on from the passing of the Economic Crime and Corporate Transparency Act, we learn what progress has been made to enact its various provisions. To shed light on those two topics…
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ICAEW Insights In Focus: Does Britain have a farming problem?
24:36
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24:36In this Insights In Focus episode, we discuss how changes to the funding of British farms could affect the UK’s broader economic resilience. As a result of Brexit, British farms will stop benefiting from the EU Common Agricultural Policy by the end of 2027. The policy paid subsidies largely regardless of land use. Now, farmers need to transition to…
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ICAEW Insights In Focus: Budget 2024 – does it change anything?
26:04
26:04
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26:04In this Insights In Focus episode, we discuss the contents of the 2024 Spring Budget and their likely impacts on the UK economy. The Spring Budget was delivered against the backdrop of recession and persistent inflation. While the Chancellor had better-than-expected headroom for delivering tax cuts, the UK economy and its public finances are still …
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ICAEW Insights In Focus: Will accountants save the world? With ICAEW CEO Michael Izza
28:17
28:17
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28:17In this Insights In Focus episode, we catch up with ICAEW Chief Executive Michael Izza ahead of his stepping down from his role later this month. Izza has been with ICAEW since 2002 and Chief Executive since 2006. In that time, he’s steered the Institute through the global financial crisis, the pandemic and the early stages of a global technologica…
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ICAEW Insights: ISQM, preparing and filing accounts, and public practice
23:07
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23:07In this episode, we discuss how firms can maintain momentum on the International Standard of Quality Management, as well as changes in preparation and filing as a result of the Economic Crime and Corporate Transparency Act. We also hear about ICAEW’s new podcast, The Tax Track, and changes to the Engaging in Public Practice certificate. Philippa La…
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ICAEW Insights In Focus: Where next for audit and governance reform?
34:42
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34:42In this Insights In Focus episode, we discuss the future of audit and corporate governance reform. Back in May 2022, after years of reviews and consultations, the government announced its plans for reform. The key proposals included the area of a new audit regulator, a wider definition of public interest entities, and ensuring that FTSE 350 firms w…
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ICAEW Insights In Focus: What can we expect from 2024?
34:29
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34:29In this Insights In Focus episode, we discuss what 2024 is likely to bring for businesses and their accountants. Beyond a Spring Budget and elections on both sides of the Atlantic, there are few certainties for the coming 12 months. Looking at ICAEW’s Business Confidence Monitor and forecasts from the Office for Budget Responsibility and the Bank o…
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ICAEW Insights In Focus: COP28 - making the business case for nature
23:17
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23:17In the second of two special Insights In Focus episodes, guest host Mark Rowland shares news and views from COP28 in Dubai. This episode focuses on capacity building within the finance profession and making the business case for a nature-positive transition. Mark is joined in the studio by Sarah Reay, Climate Change Manager, ICAEW; Jessica Fries, E…
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ICAEW Insights In Focus: COP28 - what does transition planning mean for accountants?
20:42
20:42
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20:42In the first of two special Insights In Focus episodes, guest host Mark Rowland shares news and views from COP28 in Dubai. This episode focuses on the importance of transition plans in achieving net zero. In the studio, ICAEW Climate Change Manager Sarah Reay and Resilience First’s Shazre Quamber-Hill explain why transition planning is a vital part…
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ICAEW Insights In Focus: What’s in the Economic Crime Act 2023?
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31:27In this Insights In Focus episode, we explore the contents and implications of the Economic Crime and Corporate Transparency Act 2023. After a challenging route through Parliament, the Act finally received Royal Assent in late October. It promises sweeping changes to Companies House and reporting requirements for SMEs. Crucially, it also covers whe…
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ICAEW Insights: ICAEW/CIPFA dual membership, cyber security trends, and economic renewal
17:17
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17:17The ICAEW Insights podcast explores the month’s top stories in accountancy. In this episode, we explain how ICAEW members can apply for dual membership with the Chartered Institute of Public Finance and Accountancy (CIPFA). We also discuss the key points and learnings from this year’s Cyber Security Awareness Month and hear how ICAEW’s Resilience a…
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ICAEW Insights In Focus: How to build a workforce of the future
33:08
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33:08In this Insights In Focus episode, we explore strategies to expand and upskill Britain’s workforce. Low unemployment is currently twinned with high vacancies, leading to a tight labour market. One cause is an increase in the number of economically inactive. And ICAEW’s Business Confidence Monitor has flagged a lack of non-management skills as an es…
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ICAEW Insights: Building a resilient economy, plus self assessment deadlines
11:18
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11:18In this episode, we discuss a new content series recently launched by ICAEW: ‘Resilience and renewal: building an economy fit for the future’. The campaign explores the main challenges facing the UK economy and how chartered accountants are integral in addressing them. Plus, we share key deadlines for those filing self assessment returns and the pe…
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ICAEW Insights In Focus: Why do good people do bad things?
41:19
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41:19In this Insights In Focus episode, we discuss professional ethics and seek to answer the age-old question: why do good people do bad things? Accountants are increasingly acting as an ethical compass for their employers and clients. It’s a natural fit for a profession that has a deep understanding of business and a professional duty to act in the pu…
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ICAEW Insights: VAT exemptions for private schools and final CPD update
16:39
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16:39The ICAEW Insights podcast explores the month’s top stories in accountancy. In this episode, we discuss Labour’s proposals for removing VAT exemptions from private schools and the disagreement over just how much money it would raise for the public purse. Plus, in our final CPD update before the new regulations come into force on 1 November, we answ…
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ICAEW Insights In Focus: The PM’s pledges: where are we now?
36:58
36:58
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36:58In this Insights In Focus episode, we analyse the health of the UK economy through the lens of the Prime Minister’s pledges for 2023. Back in January, Prime Minister Rishi Sunak made five pledges for the year ahead. Three of those related to indicators of economic and fiscal health: halving inflation, stimulating growth, and reducing the national d…
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ICAEW Insights: ISSB standards, E-Commerce Trade Commission, and CPD update
18:08
18:08
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18:08The ICAEW Insights podcast explores the month’s top stories in accountancy. In this episode, we discuss the contents of the International Sustainability Standards Board’s first two published standards; ICAEW’s role in the newly launched E-Commerce Trade Commission; and firms’ responsibilities under new CPD regulations launching 1 November 2023. Phi…
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ICAEW Insights In Focus: Commercial property - economic bellwether or laggard?
28:01
28:01
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28:01In this Insights In Focus episode, we analyse the UK’s current economic turbulence through the lens of the commercial property sector. With capital values down 15% in the last year, has bricks and mortar lost its attractiveness to investors? And, with inflation remaining stubbornly persistent, what do trendlines in the sector tell us about the UK e…
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ICAEW Insights: Digitalisation and gender bias in tax, plus CPD update
25:11
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25:11The latest ICAEW Insights podcast shares the month’s top stories in accountancy. This episode analyses the tax system from two different angles: progress made in digitalisation and towards gender equality. Plus, details of changes to ICAEW member CPD are explored ahead of their November live date. Philippa Lamb learns more from ICAEW experts Caroli…
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ICAEW Insights In Focus: can SMEs keep up with ESG?
26:57
26:57
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26:57In this Insights In Focus episode, we explore how the introduction of sustainability assurance, both voluntary and mandatory, is affecting firms of all sizes. Back in April 2022, the UK became the first G20 nation to bring recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) into law. TCFD requirements only apply to t…
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ICAEW Insights In Focus: How can tax design better deliver tax policy?
36:49
36:49
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36:49In this special Insights In Focus episode, we discuss the changes to tax architecture and design that may strengthen the UK’s national bargain as economic turbulence continues. The national bargain – the broad agreement that taxation is a fair exchange for the provision of public services – has fluctuated over time. Most recently, polling by YouGov…
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ICAEW Insights: Cyber security, taxing green travel and public finances
22:17
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22:17On the latest ICAEW Insights podcast, we explore the month’s key developments in accountancy. This episode discusses the findings of the government’s Cyber Security Breaches Survey, how hybrid working is affecting the taxation of greener forms of transport, and the release of public finance figures for April 2023. Philippa Lamb goes beyond the head…
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