Forvis Mazars brings net zero target forward in ESG overhaul
Accounting Firms

Forvis Mazars brings net zero target forward in ESG overhaul

5d Accountancy Age

Forvis Mazars brings net zero target forward in ES...

Forvis Mazars has released its 2024 UK Sustainability Report, setting out a sharpened set of environmental and social goals, including a revised net z...

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EY axes 30 partners in biggest executive purge in decades
Big Four

EY axes 30 partners in biggest executive purge in decades

3w Accountancy Age

EY axes 30 partners in biggest executive purge in ...

Ernst & Young (EY) is set to implement one of its most substantial partner redundancy initiatives in decades, aiming to safeguard profitability am...

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Unlocking productivity: collaborative synergies for C-Suite leaders
Corporate Finance

Unlocking productivity: collaborative synergies for C-Suite leaders

1m Irena Teneva, AICPA & CIMA

Unlocking productivity: collaborative synergies fo...

Successful productivity initiatives require synergies and board-level collaborations that seamlessly integrate people, technology, and finance, but sy...

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Brussels retreats on ESG rules—80% of firms to skip mandatory reporting
Corporate Governance

Brussels retreats on ESG rules—80% of firms to skip mandatory reporting

1m Marina Mouka

Brussels retreats on ESG rules—80% of firms to ski...

The European Commission has unveiled sweeping changes to sustainability reporting requirements under its Omnibus Simplification Package, a move that w...

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AAT appoints Sir Stephen Hillier as Board Chair
Company News

AAT appoints Sir Stephen Hillier as Board Chair

1m Accountancy Age

AAT appoints Sir Stephen Hillier as Board Chair

The Association of Accounting Technicians (AAT) has named Sir Stephen Hillier as its inaugural Board Chair, a move that signals a sweeping overhaul of...

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UK companies fall short on late filing fines, raising enforcement concerns
Corporate Governance

UK companies fall short on late filing fines, raising enforcement concerns

1m Accountancy Age

UK companies fall short on late filing fines, rais...

UK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major comp...

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Unlocking productivity: the evolving role of the CFO
Corporate Finance

Unlocking productivity: the evolving role of the CFO

2m Irena Teneva, AICPA & CIMA

Unlocking productivity: the evolving role of the C...

Understanding what drives productivity is crucial to economic growth, innovation, and living standards, making all of us stakeholders in the efforts t...

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The hidden cyber threat lurking in your supply chain
Corporate Governance

The hidden cyber threat lurking in your supply chain

2m Accountancy Age

The hidden cyber threat lurking in your supply cha...

More than half of large UK financial services firms experienced at least one third-party supply chain attack in 2024, with nearly a quarter facing thr...

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FCA faces backlash over plan to expose firms under investigation
Business Regulation

FCA faces backlash over plan to expose firms under investigation

2m Marina Mouka

FCA faces backlash over plan to expose firms under...

The UK’s financial watchdog is facing fierce resistance over its proposal to publicly disclose company investigations before enforcement action is tak...

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Ethics in accounting: Can firms restore public trust?
Accounting Firms

Ethics in accounting: Can firms restore public trust?

2m Accountancy Age

Ethics in accounting: Can firms restore public tru...

Over the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a re...

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How are digital assets changing the balance sheet?
Corporate Governance

How are digital assets changing the balance sheet?

3m Accountancy Age

How are digital assets changing the balance sheet?

Once the domain of tech enthusiasts and speculative investors, digital assets are now transforming the financial underpinnings of global business. Cry...

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Navigating a new era of corporate reporting
Corporate Governance

Navigating a new era of corporate reporting

3m David Hackett, AICPA & CIMA

Navigating a new era of corporate reporting

Corporate reporting is rapidly evolving, with numerous new standards and requirements being established to guide companies towards more responsible an...

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What accountants need to know about becoming an authorised corporate service provider
Accounting Firms

What accountants need to know about becoming an authorised corporate servic...

3m John Clarke, Companies House

What accountants need to know about becoming an au...

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) will have a significant impact on evolving accountancy practice. John Clarke, Chair of ...

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FRC opens consultation on draft Strategy 2025-28
Accounting Standards

FRC opens consultation on draft Strategy 2025-28

4m Accountancy Age

FRC opens consultation on draft Strategy 2025-28

The Financial Reporting Council (FRC) has published its draft three-year strategy for 2025-28, emphasising its commitment to safeguarding public trust...

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Jam today or jam tomorrow: managing the trade-offs between corporate growth and corporate sustainability
Corporate Governance

Jam today or jam tomorrow: managing the trade-offs between corporate growth...

6m Peter Spence

Jam today or jam tomorrow: managing the trade-offs...

Businesses are told that they must invest in a growing number of sustainability initiatives, which may impair short-term financial performance while i...

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UK regulators launch consultation on the future of digital financial reporting
Business Regulation

UK regulators launch consultation on the future of digital financial report...

7m Accountancy Age

UK regulators launch consultation on the future of...

The Financial Reporting Council (FRC) and other UK regulators have launched a wide-ranging consultation on the future of digital financial reporting i...

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Are you clued up on Basis Reform?
Corporate Governance

Are you clued up on Basis Reform?

7m Nicky Owen, Head of Professional Practices

Are you clued up on Basis Reform?

The next tax payment due for partners (and members of LLPs) is the 31 January 2025, with Basis Period Reform (BPR) this is expected to be higher than ...

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PwC's LCF audit failure should be a lesson to us all
Audit

PwC's LCF audit failure should be a lesson to us all

8m Accountancy Age

PwC's LCF audit failure should be a lesson to us a...

The recent £15 million fine imposed by the Financial Conduct Authority (FCA) on PricewaterhouseCoopers LLP (PwC) marks a significant milestone in the ...

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Auditors failed to raise alarm for 75% of companies that went bust
Audit

Auditors failed to raise alarm for 75% of companies that went bust

11m Accountancy Age

Auditors failed to raise alarm for 75% of companie...

New analysis shows that auditors failed to warn about 3 out of 4 of the UK’s largest publicly traded companies that collapsed between 2010 and 2022. R...

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FRC publishes final settlement decision to KPMG on Carillion
Audit

FRC publishes final settlement decision to KPMG on Carillion

11m Accountancy Age

FRC publishes final settlement decision to KPMG on...

Investigations revealed that KPMG failed to gather sufficient audit evidence and did not exhibit the necessary professional scepticism required for au...

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Industry Insight: Top fraud and bribery risks for pharmaceutical and life sciences
Business Regulation

Industry Insight: Top fraud and bribery risks for pharmaceutical and life s...

1y Nigel Layton

Industry Insight: Top fraud and bribery risks for ...

From battling underground invoice frauds in China to navigating bribery risks in the Middle East, Mazars' Nigel Layton shares essential insights on co...

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Battle lines drawn on internal controls as FRC closes consultation on new Corporate Governance Code
Corporate Governance

Battle lines drawn on internal controls as FRC closes consultation on new C...

2y David Callaghan

Battle lines drawn on internal controls as FRC clo...

According to the Chartered IIA, internal audit should be placed at the forefront of a new Code Read More...

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Let’s make accountants accountable for better business behaviour
Business

Let’s make accountants accountable for better business behaviour

2y Paul Druckman , Chairman, World Benchmarking Alliance

Let’s make accountants accountable for better busi...

By switching the focus from ‘profit made for investors’ to ‘value created for all’, accountants can find ways to quantify and evaluate the impact of a...

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FRC announces major overhaul of UK Corporate Governance Code
Audit

FRC announces major overhaul of UK Corporate Governance Code

2y Sam Alberti

FRC announces major overhaul of UK Corporate Gover...

The proposals form part of an ongoing overhaul of audit and corporate governance in the UK Read More...

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FRC confirms overhaul of UK corporate governance code
Corporate Governance

FRC confirms overhaul of UK corporate governance code

3y Sam Alberti

FRC confirms overhaul of UK corporate governance c...

The first update to the UK Corporate Governance Code in four years will see the creation of a stronger framework for reporting on internal controls an...

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Corporate governance reform vital to address organisational “culture crisis”
Corporate Governance

Corporate governance reform vital to address organisational “culture crisis...

3y Patricia Cullen

Corporate governance reform vital to address organ...

Businesses must adopt a healthy corporate culture or risk legal and business consequences Read More...

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Q&A: Mazars on dissecting the UK’s draft audit reform bill
Accounting Firms

Q&A: Mazars on dissecting the UK’s draft audit reform bill

3y Sam Alberti

Q&A: Mazars on dissecting the UK’s draft audit ref...

During a conversation with Accountancy Age, Mazars partner Bob Neate breaks down the draft audit reform bill, warning of a potential capacity issue fo...

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