Over the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a re...
View articleOnce the domain of tech enthusiasts and speculative investors, digital assets are now transforming the financial underpinnings of global business. Cry...
View articleCorporate reporting is rapidly evolving, with numerous new standards and requirements being established to guide companies towards more responsible an...
View articleThe Economic Crime and Corporate Transparency Act 2023 (ECCTA) will have a significant impact on evolving accountancy practice. John Clarke, Chair of ...
View articleThe Financial Reporting Council (FRC) has published its draft three-year strategy for 2025-28, emphasising its commitment to safeguarding public trust...
View articleBusinesses are told that they must invest in a growing number of sustainability initiatives, which may impair short-term financial performance while i...
View articleThe Financial Reporting Council (FRC) and other UK regulators have launched a wide-ranging consultation on the future of digital financial reporting i...
View articleThe 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 ...
View articleThe recent £15 million fine imposed by the Financial Conduct Authority (FCA) on PricewaterhouseCoopers LLP (PwC) marks a significant milestone in the ...
View articleNew 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...
View articleInvestigations revealed that KPMG failed to gather sufficient audit evidence and did not exhibit the necessary professional scepticism required for au...
View articleFrom battling underground invoice frauds in China to navigating bribery risks in the Middle East, Mazars' Nigel Layton shares essential insights on co...
View articleAccording to the Chartered IIA, internal audit should be placed at the forefront of a new Code Read More...
View articleBy 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...
View articleThe proposals form part of an ongoing overhaul of audit and corporate governance in the UK Read More...
View articleThe 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...
View articleBusinesses must adopt a healthy corporate culture or risk legal and business consequences Read More...
View articleDuring a conversation with Accountancy Age, Mazars partner Bob Neate breaks down the draft audit reform bill, warning of a potential capacity issue fo...
View articleThe FRC and major audit firms have criticised the UK government’s watered-down proposals Read More...
View articleThe UK government’s plans for audit and corporate governance reforms have appeared in this month’s Queen’s Speech, to the relief of many, says Anca Th...
View articleOne in ten businesses are failing to submit compulsory modern slavery statements Read More...
View articleThe need for reform is "now more urgent than ever" Read More...
View articleGreater emphasis must be placed on monitoring and assessing the corporate culture of UK-based businesses to preserve their long-term sustainability, a...
View articleProfessional services firms need to take immediate action in order to meet requirements of amended AML regulation, that will come into force on the 10...
View articleChief Strategy Officer of the International Integrated Reporting Council (IIRC), Jonathan Labrey, talks to Accountancy Age reporter, Tom Lemmon about ...
View articleBased on reports from 100 UK companies, Deloitte's new report assesses the 'success factors' of businesses- revealing how financial drivers are no lon...
View articleThe UK is one of the most targeted nations in the world for money launderers. Martin Cheek, MD of SmartSearch, says electronic verification, mandated ...
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