War in Ukraine – what European accountants need to know

 

Accountancy Europe have issued guidance for European accountants on the potential impact of the war on their professional activities.

The guidance covers the AML, cybersecurity, accounting and auditing implications. For further details please click here.
CCAB-I have also issued a joint statement to the profession and have issued updated AML guidance for practitioners.
Given the fast-moving nature of the situation and the complexity of the various Sanctions regimes, members may wish to consider obtaining specialist advice tailored to their specific circumstances and to advise their clients to do the same.