On the latest ICAEW Insights podcast, we explore how accountants can go about approaching some of the year’s most challenging professional issues.

World events have moved quickly this year. Successive waves of sanctions against Russia and the return of M&A activity – as well as the subsequent spike in conflict-of-interest queries – have meant that accountants are increasingly needing to make sense of grey areas.

With accountants typically used to being the ones with the answers, who assists them when the path forward is unclear? Enter the ICAEW Technical and Ethics helpdesk.

Host Philippa Lamb is joined by David Stevens and Cerys Freemantle, professional consultants at the helpdesk, to make sense of these tricky topics and provide advice on next steps where there is no clear right answer.

Links
ICAEW Technical and Ethics helpdesk
https://www.icaew.com/membership/support-throughout-your-career/technical-and-ethics-support

ICAEW Ukraine crisis central resource hub
https://www.icaew.com/insights/insights-specials/ukraine-crisis-central-resource-hub

ICAEW guidance on the UK’s ban of the provision of accountancy services to Russia
https://www.icaew.com/regulation/aml-supervision/aml-resources/guidance-on-the-uk-ban-of-the-provision-of-accountancy-services--to-russia 

ICAEW client screening service
https://www.icaew.com/library/guide-to-services/client-screening 

ICAEW financial reporting helpsheets
https://www.icaew.com/technical/tas-helpsheets/financial-reporting 

ICAEW guidance: Identifying and managing conflicts
https://www.icaew.com/-/media/corporate/files/technical/ethics/icaew-guidance-identifying-and-managing-conflicts.ashx?la=en

Host
Philippa Lamb

Guests
David Stevens, professional consultant, ICAEW
Cerys Freemantle, professional consultant, ICAEW

Producer
Natalie Chisholm 

Episode first published: 13 October 2022
Podcast recorded: 6 October 2022