Since joining ICAS in June as its Director of Engagement I’ve been talking to members and attending events around the country to get under the skin of what they expect from ICAS. And I feel like those expectations have evolved from 10 or 20 years ago.

When members come to one of our events they want more than a canapé and a glass of wine. They are looking to us to help them navigate through these unpredictable and uncertain times.

That includes what this week’s Autumn Budget means for them. And so, CEO Gail Boag delivers the ICAS verdict, and she highlights what Chancellor John Healey got right but also where he could have been bolder and where we think he missed an opportunity or two. It is essential reading for all CAs.

Some of those members will have clients contacting them to understand what the government’s newest raft of tax changes means for their business, their family, pensions and savings.

Also in this issue we brought together a group of CAs to discuss the other issues affecting small- to medium-sized accountancy firms. The lively discussion covered a wide range of topics, and one of the observations is that firms need to invest in young talent because they are the ones best equipped to harness the recent advances in technology.

We speak to three CAs who were named among this year’s top 35 CA Rising Stars and they each talk about how they are successfully using AI tools to affect change across the accounting profession, from audit to investment and anti-money laundering.

Elsewhere, we look at how Johnston Carmichael has invested in youth to help it grow and become Scotland’s largest independent accountancy firm.

Returning to this week's Budget, the biggest challenge that Healey and the government had to address is how to stimulate growth. The creative sector in Scotland is estimated to be worth £5.7bn to the economy north of the border. You can find out why Pamela Collie CA believes there is scope for further expansion in a fascinating interview with our Director of Tax, Katie Close CA.

Last, but far from least, our news section not only contains important information on how to renew your annual membership but also highlights the ways in which we are working to deliver greater value to all our members. We thank you for your continued support.

Geoff Day

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