FASB targets greater transparency with latest accounting standards update
Accounting Standards

FASB targets greater transparency with latest accounting standards update

2y Accountancy Age

FASB targets greater transparency with latest acco...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense disclosures for public compa...

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Getting tangible with your intangible assets
Business

Getting tangible with your intangible assets

2y Peter Spence, AICPA & CIMA

Getting tangible with your intangible assets

Intangible assets play a key role in a company’s success, yet their true value often goes unnoticed due to the traditional focus on fixed assets in bu...

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Investors’ claims of flawed BDO audit of AmTrust reinstated following appeal
Accounting Firms

Investors’ claims of flawed BDO audit of AmTrust reinstated following appea...

2y Rachael Kennedy

Investors’ claims of flawed BDO audit of AmTrust r...

In a significant reversal, the Second U.S. Circuit Court of Appeals has revived a lawsuit from investors alleging that BDO USA provided substandard au...

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Budget Snapshot: The green agenda that looks beyond the tax breaks
Budget

Budget Snapshot: The green agenda that looks beyond the tax breaks

2y Accountancy Age

Budget Snapshot: The green agenda that looks beyon...

The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed towards green investment initia...

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Autumn Budget 2024: Industry reactions
Budget

Autumn Budget 2024: Industry reactions

2y Rachael Kennedy

Autumn Budget 2024: Industry reactions

Following the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...

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Will Labour's Budget clip the wings of R&D tax credits?
Budget

Will Labour's Budget clip the wings of R&D tax credits?

2y Accountancy Age

Will Labour's Budget clip the wings of R&D tax cre...

As Chancellor Rachel Reeves gears up to unveil Labour’s first budget, speculation is rife about the fate of one of the most influential financial ince...

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Work-life balance, CPD and client relationships key to success, say retirees
Skills

Work-life balance, CPD and client relationships key to success, say retiree...

2y Jonathan Barber, Executive Director – UK of the Institute of Financial Accountants (IFA)

Work-life balance, CPD and client relationships ke...

Jonathan Barber, Executive Director – UK of the Institute of Financial Accountants (IFA), shares insights from retired accountants from the profession...

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How can accountants safely use AI in practice?
AI in Accounting

How can accountants safely use AI in practice?

2y Wolters Kluwer

How can accountants safely use AI in practice?

AI is here to stay. While some people are resistant to the idea, it offers practices of all sizes the opportunity to streamline processes, increase ma...

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Fired for learning? The story behind EY's recent dismissals
Accounting Firms

Fired for learning? The story behind EY's recent dismissals

2y Accountancy Age

Fired for learning? The story behind EY's recent d...

Who’d have thought too much L&D would be a bad thing? That’s the question on the minds of many employees at EY after a recent wave of dismissals w...

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A chartered accountant’s message to government
Brexit & Economy

A chartered accountant’s message to government

2y Alan Vallance, CEO, ICAEW

A chartered accountant’s message to government

As CEO of chartered accountancy body ICAEW, Alan Vallance shares his message to Rachel Reeves that an urgent review of the UK’s tax system is needed, ...

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Westcotts achieves Gold Standard in employee development with new accreditation
Practice

Westcotts achieves Gold Standard in employee development with new accredita...

2y Accountancy Age

Westcotts achieves Gold Standard in employee devel...

Leading South West accountancy firm Westcotts has been awarded the prestigious Investors in People Gold accreditation, marking a significant milestone...

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Gravita joins forces with Oxford-based Critchleys to expand regional footprint
Accounting Firms

Gravita joins forces with Oxford-based Critchleys to expand regional footpr...

2y Accountancy Age

Gravita joins forces with Oxford-based Critchleys ...

Leading accountancy specialist in charities, education, and SMEs becomes Gravita’s fifth partner in under three years Read More...

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It's time to bridge the Atlantic
Accounting Firms

It's time to bridge the Atlantic

2y Accountancy Age

It's time to bridge the Atlantic

First Grant Thornon and now RSM - why is there a rise in US-UK accounting firm mergers? Read More...

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Rachel Reeves' Budget is coming: What are accountants seeing in their crystal balls?
Budget

Rachel Reeves' Budget is coming: What are accountants seeing in their cryst...

2y Accountancy Age

Rachel Reeves' Budget is coming: What are accounta...

As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping changes to the tax lan...

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KPMG Australia becomes the first organisation to achieve AI management system certification
AI in Accounting

KPMG Australia becomes the first organisation to achieve AI management syst...

2y Accountancy Age

KPMG Australia becomes the first organisation to a...

KPMG Australia has been announced as the first organization in the world to achieve certification by BSI to a globally applicable standard designed to...

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ICAEW finds 1 in 5 firms falling short on AML - are you one of them?
Accounting Firms

ICAEW finds 1 in 5 firms falling short on AML - are you one of them?

2y Rachael Kennedy

ICAEW finds 1 in 5 firms falling short on AML - ar...

Nearly one in five accounting firms supervised by the UK’s largest accountancy regulator failed to meet anti-money laundering (AML) standards, a...

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EY delays graduate hires as advisory business slows
Accounting Firms

EY delays graduate hires as advisory business slows

2y Accountancy Age

EY delays graduate hires as advisory business slow...

Big Four firm pushes back start dates for strategy arm recruits, citing weak M&A market Read More...

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Preparing for the Digital Tax Revolution: Embracing cloud accounting
Cloud

Preparing for the Digital Tax Revolution: Embracing cloud accounting

2y John Southwell

Preparing for the Digital Tax Revolution: Embracin...

John Southwell, accounts advisory partner at national accountancy and advisory group Dains, talks about how delays in the roll out of Making Tax Digit...

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Skills for entering the Metaverse - yes, accountants need them too
Practice strategy

Skills for entering the Metaverse - yes, accountants need them too

2y Rachael Kennedy

Skills for entering the Metaverse - yes, accountan...

As businesses begin exploring the metaverse—a new, immersive virtual reality—accountants are facing a pivotal question: how do we prepare for a future...

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Accounting for Web3 business models
Business

Accounting for Web3 business models

2y Accountancy Age

Accounting for Web3 business models

As Web3 businesses emerge with decentralized, blockchain-based operations, corporate accountants are being pushed into unfamiliar territory. Tradition...

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How to make your audit more efficient
Audit

How to make your audit more efficient

2y Sponsored | Wolters Kluwer

How to make your audit more efficient

It’s impossible for any team in any industry to be 100% efficient—after all, we’re people not robots. But glaring inefficiencies in your accounting pr...

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Could AI solve the data entry tax compliance dilemma for accountants?
Tax

Could AI solve the data entry tax compliance dilemma for accountants?

2y Rachael Kennedy

Could AI solve the data entry tax compliance dilem...

The landscape of tax compliance is undergoing a significant transformation. As regulatory frameworks become increasingly complex and client expectatio...

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Audit alarm bells sound at Fraser Group amid missing payroll data
Audit

Audit alarm bells sound at Fraser Group amid missing payroll data

2y Rachael Kennedy

Audit alarm bells sound at Fraser Group amid missi...

Cooper Parry, the auditors for online e-tailer I Saw It First, were unable to verify nearly £7 million in wages and salary payments Read More...

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The cost of maverick spend (and how AI can help you avoid it)
AI in Accounting

The cost of maverick spend (and how AI can help you avoid it)

2y Sponsored | Kloo

The cost of maverick spend (and how AI can help yo...

Maverick spend, often mistaken for fraudulent behaviour, occurs when purchases bypass formal procurement processes, usually due to mistakes or a lack ...

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BoE holds rates but signals cautious approach to inflation
Brexit & Economy

BoE holds rates but signals cautious approach to inflation

2y Rachael Kennedy

BoE holds rates but signals cautious approach to i...

The Bank of England’s Monetary Policy Committee (MPC) voted 8-1 to maintain the Bank Rate at 5% in its September meeting, underscoring the centr...

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UK Government introduces urgent measures to tackle local audit crisis
Audit

UK Government introduces urgent measures to tackle local audit crisis

2y Accountancy Age

UK Government introduces urgent measures to tackle...

The UK government has tabled new legislation in Parliament on September 9, 2024. The Accounts and Audit (Amendment) Regulations 2024, set to come into...

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Apple loses €13bn tax battle in EU court ruling
Business Regulation

Apple loses €13bn tax battle in EU court ruling

2y Rachael Kennedy

Apple loses €13bn tax battle in EU court ruling

The European Court of Justice (ECJ) has ruled against Apple in a high-profile €13 billion (£11 billion) tax case, overturning a previous lower court v...

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