Hello   February 2021
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Brexit and Beyond – a chat with industry experts in collaboration with Barclays

Find out how ACCA promoted the services that the accountancy profession can supply for businesses dealing with EU customers or suppliers.

 

ACCA recently participated in an online event hosted by Barclays’ Co-Head of SME Business Banking, Ian Workman, who welcomed experts from the CBI (Confederation of British Industry), IoE (Institute of Export & International Trade) and DMA Group (Data & Marketing Association Group) to answer questions from businesses and outline ways to deal with new challenges and make the most of opportunities.

 

Amongst issues such as VAT changes, the experts also talked about business processes, including import tariffs and customs declarations, as well as implications for data integrity and transfer.

 

It was a good opportunity for ACCA to promote the services that the accountancy profession can supply for businesses dealing with EU customers or suppliers. Whilst dealing with the technical aspects of VAT issues might be at the top of the agenda for many practitioners, enhanced or advisory work such as cashflow forecasting should also be at the forefront of services that ACCA members provide.

 

Details of the recorded version of the live event can be found on our Brexit Hub, where you will also find other resources and insights in relation to various Brexit-related issues.

 

Further resources

Technical Factsheet on Cross-border VAT

 

Post-Brexit UK Border controls

 

Cashflow Plans and Template

 

Business Plans and Cashflow

 

 

 

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