This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

ICAEW publishes two new Technical Releases

  • ICAEW (Institute of Chartered Accountants in England and Wales) (lt green) Image

04 Nov 2013

The Institute of Chartered Accountants in England and Wales has issued two new Technical Releases - Tech 11/13BL and Tech 12/2013BL.

Tech 11/13BL ‘Accountants’ reports on Commercial property service charge accounts’ sets out “best practice in the conduct of the independent accountants review” of annual statements of service charge expenditure which must be reviewed by an independent accountant under the Royal Institute of Chartered Surveyors (RICS) Code of Practice, ‘Service Charges in Commercial Property’.  The Technical Release provides guidance on the form of the report to be given and the procedures to be undertaken in making the report.  The Technical Release does not apply to “engagements relating to properties containing residential accommodation (dwellings)”. 

Tech 12/2013BL ’Audit reporting on financial statements of pension schemes prepared for segregation under the Pension Protection Fund Multi-Employer Regulations’ provides “guidance to Institute members when issuing audit reports to Trustees on the segregation of pension schemes, under Multi-Employer Regulations”.  The guidance is not an auditing standard and “professional judgement should be used in its application”. 

Click for (all links to the ICAEW website):

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.