There's a right kerfuffle over convergence between IFRS and UK accounting standards according to Accounting & Finance365. I am so not surprised.
When Tweedie was running the IFRS show, he failed to understand that accounting software needed to accommodate the new regime. He didn't realise the implications for software developers and many were caught with their proverbial pants down back in 2003-4. It was a nightmare. I remember because I was part of that debate, especially in relation to IAS39 - the most stupid idea I've seen in ages coming from a regulatory body.
Now we have the situation where the ACA is saying 'hang fire' but the ACCA is saying 'keep going.' Smaller practitioners may be tempted to shrug and await the outcome. This is a bad idea, especially given the SMB regime has not been fully formed and may contain unpleasant surprises.
I'd recommend keeping a watchful eye on this one - it will almost certainly impact your accounts prep software - and that means more learning. If you think there could be issues with affected client groups then communicating now will save pain in 2006-7.