Do you know what's in the new AI Cyber Code?
AI in Accounting

Do you know what's in the new AI Cyber Code?

7m Rachael King

Do you know what's in the new AI Cyber Code?

Artificial intelligence is no longer a futuristic concept but a present-day reality. As a result, the UK government is taking proactive steps to ensur...

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Third party risk management in pharma and life sciences – you’re only as strong as your weakest link
Business Regulation

Third party risk management in pharma and life sciences – you’re only as st...

7m Nigel Layton, Partner and Head of Pharma & Life Sciences at Forvis Mazars

Third party risk management in pharma and life sci...

In the last few weeks, we have seen both the ransomware attack on the NHS in the news, and more recently, the impact caused by software bug in an upda...

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What did we learn from the FRC's latest audit quality review?
Accounting Standards

What did we learn from the FRC's latest audit quality review?

7m Accountancy Age

What did we learn from the FRC's latest audit qual...

The Financial Reporting Council’s Annual Review of Audit Quality for 2024, released on July 30, 2024, paints a picture of an audit landscape in ...

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Why are accountants facing rising payment challenges?
Business

Why are accountants facing rising payment challenges?

7m Rachael Kennedy

Why are accountants facing rising payment challeng...

A recent survey reveals that accountants and financial advisers are grappling with worsening cashflow issues, primarily due to clients struggling to p...

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How firms can better implement AML compliance
Accounting Standards

How firms can better implement AML compliance

7m Tim Pinkney, Director of Professional Standards at the IFA

How firms can better implement AML compliance

With money laundering costing the UK economy more than £100billion each year according to the National Crime Agency, it is clear that this is an issue...

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Internal audit teams face critical capacity crunch
Audit

Internal audit teams face critical capacity crunch

7m Accountancy Age

Internal audit teams face critical capacity crunch

There is a growing disconnect between the escalating demands placed on internal audit functions and their limited capacity to address emerging risks. ...

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What to do about the accounting mental health emergency
Skills

What to do about the accounting mental health emergency

7m Accountancy Age

What to do about the accounting mental health emer...

New stats have laid bare the mental health emergency facing global accountancy – with increased working hours and reduced salaries both impacting prof...

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The Draft Audit Reform and Corporate Governance Bill – landmark legislation in the making?
Accounting Standards

The Draft Audit Reform and Corporate Governance Bill – landmark legislation...

7m Claudine Morgan, Legal Director and Hannah Gornall, Associate at law firm Charles Russell Speechlys

The Draft Audit Reform and Corporate Governance Bi...

Amongst the 40 laws the government announced in the King’s Speech on 17th July 2024, a draft Audit Reform and Corporate Governance Bill (the Bill) was...

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KPMG integrates AI into smart audit platform
AI in Accounting

KPMG integrates AI into smart audit platform

7m Accountancy Age

KPMG integrates AI into smart audit platform

KPMG International has announced the integration of generative AI into its global smart audit platform, KPMG Clara. This move, announced on July 29, 2...

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New superfund guidance reshapes UK pension management
Business Regulation

New superfund guidance reshapes UK pension management

8m Accountancy Age

New superfund guidance reshapes UK pension managem...

The UK’s Pensions Regulator (TPR) has unveiled updated guidance for superfunds, introducing pivotal changes that accountants and financial plann...

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MHA announce record 2024 revenues up by nearly 30%
Accounting Firms

MHA announce record 2024 revenues up by nearly 30%

8m Accountancy Age

MHA announce record 2024 revenues up by nearly 30%

MHA, the UK and Ireland member of Baker Tilly International, has released a comprehensive overview of their financial performance for the first time. ...

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Audit reform back on the agenda, but ‘the devil will be in the detail’
Audit

Audit reform back on the agenda, but ‘the devil will be in the detail’

8m Paul Brehony, partner at Signature Litigation LLP

Audit reform back on the agenda, but ‘the devil wi...

When King Charles delivered the first King’s speech for more than 70 years last November, there was palpable frustration across the accounting profess...

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Biofuel Carbon Accounting Report could signal shift in carbon auditing practices
Accounting Standards

Biofuel Carbon Accounting Report could signal shift in carbon auditing prac...

8m Accountancy Age

Biofuel Carbon Accounting Report could signal shif...

A recent International Energy Agency (IEA) report on carbon accounting for sustainable biofuels could herald significant changes in auditing practices...

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Chair appointed at Centre for Public Interest Audit following announcement of incorporation
Audit

Chair appointed at Centre for Public Interest Audit following announcement ...

8m Accountancy Age

Chair appointed at Centre for Public Interest Audi...

The Centre for Public Interest Audit (CPIA), a new organisation that will bring together auditors from across the profession to shape best practice an...

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Most accountants still underprepared for tech shift
Opinion Blog

Most accountants still underprepared for tech shift

8m Institute of Financial Accountants

Most accountants still underprepared for tech shif...

The latest member survey* from the Institute of Financial Accountants (IFA) has shown that there is still a gap in technology skills to address the di...

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Grant Thornton's transatlantic ambitions could result in a merger
Mergers And Acquisitions

Grant Thornton's transatlantic ambitions could result in a merger

8m Accountancy Age

Grant Thornton's transatlantic ambitions could res...

Grant Thornton is  reportedly exploring a plan to unify its US and UK/Irish operations through a potential three-way merger. Earlier this year, Grant ...

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Labour government full speed ahead on audit reform
Audit

Labour government full speed ahead on audit reform

8m Accountancy Age

Labour government full speed ahead on audit reform

The recent King’s Speech has unveiled a raft of legislative proposals set to significantly reshape the landscape for accountants and auditors ac...

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Green is the new black, at least for accountants
CSR

Green is the new black, at least for accountants

8m Accountancy Age

Green is the new black, at least for accountants

The world is going green, and finance is no exception. As businesses and investors increasingly prioritize sustainability, there’s a growing dem...

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Pass rates announced for June 2024 ACCA exam sitting
ACCA

Pass rates announced for June 2024 ACCA exam sitting

8m Accountancy Age

Pass rates announced for June 2024 ACCA exam sitti...

Pass rates have been announced by ACCA (the Association of Chartered Certified Accountants) for students who sat their exams in June 2024. 107,506 ent...

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Learning from MHA's £200k audit error
Accounting Standards

Learning from MHA's £200k audit error

8m Accountancy Age

Learning from MHA's £200k audit error

The Financial Reporting Council (FRC) recently imposed significant sanctions on MacIntyre Hudson LLP (MHA) and two of its auditors. The case, revolvin...

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The evolution of audit skills in an era of complex regulation, disclosure and increasing transparency
Opinion Blog

The evolution of audit skills in an era of complex regulation, disclosure a...

8m Dilek Cilingir, EY Partner

The evolution of audit skills in an era of complex...

Talent is the lifeblood of any organization, but attracting and retaining the right people is no mean feat. Recently I’ve had several opportunities to...

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Q&A: Baker Tilly International's CEO Francesca Lagerberg on shaping the future of accounting
Accounting Firms

Q&A: Baker Tilly International's CEO Francesca Lagerberg on shaping the fut...

8m Rachael Kennedy

Q&A: Baker Tilly International's CEO Francesca Lag...

Francesca Lagerberg, CEO of Baker Tilly International (BTI), is at the helm of a network navigating through a transformative period in the accounting ...

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Audit reforms, sustainability and industrial strategy key to Starmer's economic growth pledge
Accounting Firms

Audit reforms, sustainability and industrial strategy key to Starmer's econ...

8m Accountancy Age

Audit reforms, sustainability and industrial strat...

The UK’s new Labour government must commit to taking forward audit and corporate governance reform and legislate to clear the local audit backlog in E...

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PKF Francis Clark cuts energy costs by 38%
Accounting Firms

PKF Francis Clark cuts energy costs by 38%

8m Accountancy Age

PKF Francis Clark cuts energy costs by 38%

RO Capital Partners  announces that its portfolio company, measurable.energy, has installed its smart power sockets in the office of PKF Francis Clark...

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Accountancy people moves: June 2024
Company News

Accountancy people moves: June 2024

8m Accountancy Age

Accountancy people moves: June 2024

Each month, Accountancy Age delivers a comprehensive update on the key people moves and promotions that have taken place among the UK accountancy mark...

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Q&A: Dains’ CEO Richard McNeilly on Olympian-inspired growth and strategic acquisitions
Accounting Firms

Q&A: Dains’ CEO Richard McNeilly on Olympian-inspired growth and strategic ...

8m Rachael King

Q&A: Dains’ CEO Richard McNeilly on Olympian-inspi...

Dains is making significant strides as it approaches its 100th anniversary. Recently, the firm has embarked on a series of strategic acquisitions and ...

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Is there a need to overhaul local auditing processes in the UK?
Audit

Is there a need to overhaul local auditing processes in the UK?

8m Accountancy Age

Is there a need to overhaul local auditing process...

Following the recent publication of supplementary guidance by the National Audit Office (NAO), the Institute of Chartered Accountants in England and W...

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