ACCA’s annual Channel Islands Conference focuses on the key issues faced by finance professionals in the Channel Islands. The Conference provides the perfect opportunity to update your knowledge and gain up to 21 CPD units. Our expert speakers will keep you informed of the latest developments in the profession, as well as answering your questions live.

The sessions are a blend of technical, compliance, professional development,technology insights, well being and innovation to provide you with a balance of information to meet the needs of the changing role of today’s accountant.

Please see the live webinar schedule below:

If you cannot make the live session, not to worry you will be able to gain access to the session for 12 months after once you have registered. 

Monday 6 June 2022
Session One (09:30 -11:00): Internet Investigations
Session Two (11:30 - 13:00): Cybercrime Awareness in a Hybrid World
Session Three (13:30 - 15:00): Jersey Law Update

Tuesday 7 June 2022
Session One (09:30 -11:00): International Tax Update 
Session Two (11:30 - 13:00): Jersey Tax Update 
Session Three (13:30 - 15:00): Building Business Resilience 

Wednesday 8 June 2022
Session One (09:30 -11:00): Guernsey Law Update
Session Two (11:30 - 13:00): Guernsey Tax Update
Session Three (13:30 - 15:00): UK Tax Update

Thursday 9 June 2022
Session One (09:30 -11:00): Financial Reporting - IFRS
Session Two (11:30 - 13:00): Financial Reporting - UK GAAP 
Session Three (13:30 - 15:00): Making a Success of Finance Business Partnering 

Friday 10 June 2022
Session One (09:30 -11:00): Winning Persuasive Negotiations
Session Two (11:30 - 13:00): Diving in to Employee Wellbeing

21 CPD units

1 hour of learning = 1 unit of CPD.

ACCA members can use this learning to meet their CPD requirements provided it is relevant to their career. If the event contributes to general knowledge and skills, it should be recorded as non-verifiable CPD. If the learning can be applied in the workplace, it will contribute to verifiable CPD.

Fee: 600 GBP + VAT (720.00 GBP) per person

SESSION OVERVIEW

Many institutions have a regulatory requirement to complete due diligence on all their applicants and customers. The main source of publicly held data is on the internet and certain skills and techniques are required to investigate this effectively.

The Internet and its supporting technologies are host to an increasing importance for human activities from communications and commerce or online gaming and dating. With more and more individuals and businesses embracing the Internet and making it part of their lives digital footprints are being left in the surface and deep web. It is fair to say that today there is a plethora of data floating in cyber space and to an online investigator the Internet has become a vital tool as web browsers, search engines, social media monitoring tools have all developed with far more capabilities to assist in the retrieval of information – if you know where to look.

Key Features

• Search engines, web browsers and deep web databases
• Director and company search techniques
• Tools to assist with due diligence and KYC checks
• Geo-location tools for social media and photos
• Protecting your privacy when going online
• Secure web browsers, VPN’s & TOR

SPEAKER

Dr Stephen Hill BSc (Hons), CFE, MLPI, CIIP, PhD
Hill Bingham Ltd, Managing Director & Fraud Training Ltd, Director

Digital technology continues to transform and disrupt the world of business, exposing organisations to both opportunities and threats. In this age of dependence on IT systems, effective IT security is a business imperative. Knowing more about key IT risks and how to manage them is important for all businesses' success now and in the digital future.

Richard Chambers, former IIA president, wrote: “The technology risks we face today are increasingly complex, and a sophisticated, well-thought-out approach is required to manage them.”

Today criminals will target any business regardless of size by exploiting weaknesses both internal and external. Understanding the weaknesses in an organisation is the best way to protect the business against cyber risk allowing the opportunity to implement effective controls mechanisms before it’s too late.

This session will explore how businesses can help manage the risks and threats from cyber enabled attacks through improved prevention and detection.

Key Features 

• Understand the current types of cybercrime
• WiFi, remote working & mobile computing
• Concerns with social media
• Cloud computing – is it safe?
• Creating a secure culture – IT governance and controls

SESSION OVERVIEWS

• overview of the past 12 months
• changes in legislation
• significant local case law
• impact of extra jurisdictional cases
• regulatory and other developments.

Speakers: 

Guernsey Law Update - Catherine Moore, Ogier 

Jersey Law Update - Vicky Milner, Viberts 

International tax for the past 2 years has been dominated by two developments; BEPS 2.0 and Covid 19. The war in Ukraine will have an effect on international tax in the coming months

The talk looks at the following areas where changes have occurred:

• Permanent Establishment definitions
• Transfer Pricing Documentation
• Minimum residence qualifications
• OECD Pillar 1 and 2 proposals
• OECD guidance changes
• Selected country tax developments
• Exchange of Information protocols
• Temporary relaxations of rules because of Covid

The talk should be of interest to anyone who has clients who are internationally mobile or multinational companies.

Multiple continuing uncertainties threatening business stability make it critical that companies turn their focus towards creating and applying strategies that are more resilient in the face of these. The financial crisis of 2007/8 and its residual effects, Brexit, Covid-19 and the Ukraine War are the most obvious recent major events creating economic and business disruption and these will resonate for years to come. Yet there are other threats and uncertainties that must be considered – environment and climate change, increasing intensity of competition, shifts in government policy, changing consumer trends and rapid technological change all represent real risks to stability but also offer opportunities to those businesses who are well prepared with robust and nimble strategies.

Key Features

• What is business resilience?
• The principal threats and risks and their impacts that threaten business resilience
  • Economic
  • Global and domestic political factors
  • Technological
  • Competitive
  • Environmental, health and social
• Conducting effective economic, SWOT, competitive and PEST analysis and acting upon them
• Understanding our competitive strategic positioning and building upon this to create resilience
• The importance of scenario planning and flexibility in our business planning

Speaker: John McKenzie

SESSION OVERVIEWS

• An update on tax issues
• An overview of the key developments of the last 12 months.

A very practical session, outlining the main recent changes in UK taxation, including:

• Corporation tax changes
• IR35 update
• The new company capital allowances and losses regime
• Tax and NIC changes for UK directors and employees
• Tax changes in the last year that affect UK businesses
• UK capital gains tax and inheritance tax refresher and planning
• UK VAT changes
• Case studies and general overview.

IFRS and UK GAAP 

Becoming an effective finance business partner requires much preparation and significant changes to the way we interact with the business. Breaking down “them and us” barriers requires us to think about how we interact with management both as an F&A team and as individuals and how we are structured. On top of this, so much time is spent on day to day accounting that finding time to add additional management and business value and meet the needs of partnering is not easy. This session asks what should an F&A business partner be focused on, what structures have proven to work for others and what key skills do we need to develop?

Key Features

• 4 key roles of finance – Stewardship, Operator, Strategic Influencer, Catalyst
• “High Value Added” Vs “Low Value Added” F&A activity
• Understanding your internal business customer’s needs and wants
• What sort of partnering structures have proved successful and essential role clarity
• Human aspects of being a finance business partner and finance analyst
  • How are we perceived collectively and as individuals
  • Building essential skills
    • Essential analytical capabilities
    • Relationship building, Influencing skills and Presentation skills
    • Thinking Strategically

Speaker: John McKenzie 

This session will focus on key reflections of employee wellbeing pre and post covid. Comparisons will be highlighted of key shifts in employee expectation, new employer propositions trends and insights into the great resignation of Q4 2021 and its implications in the labour market. The challenges and opportunities of hybrid working will be considered from a management perspective and how corporate culture is evolving as a result.

Derek will discuss key psychological points on:

• How to ensure you have a win win deal
• How to properly prepare - remember the 6 P’s
• How to ask difficult questions gently and listen forensically
• How to read body language and spot lying
• How to understand and handle negotiation tactics
• The six secrets of Influencing
• The key issues of haggling
• Handling conflict
• Increasing confidence

Speaker: Derek Arden

This event is organised by ACCA Continuous Learning.

If you have any queries regarding this event please contact us on:

UKCL@accaglobal.com