The FCA and PRA have launched a joint consultation proposing targeted reforms to the Senior Managers & Certification Regime, aiming to reduce regulato...
View articleACCA’s Regulatory Board has released its latest annual report, outlining how it maintained oversight of the association’s regulatory arrangements in 2...
View articleDecarbonisation rules will raise revenue, but the real goal is to create a sea change in industrial behaviour. Read More...
View articleThe accountancy profession stands at a crossroads in the evolution of corporate reporting, with technology offering transformative potential—if the se...
View articleIn a bid to future-proof the UK’s capital markets, ICAEW has outlined four principles to evolve the reporting accountant’s role, highlighting the bala...
View articleThe Dutch arms of Deloitte, PwC and EY have been fined a combined $8.5mn after US regulators uncovered widespread exam cheating involving “hundreds” o...
View articleTax avoidance and evasion among the UK’s wealthiest individuals is on the rise, with underpaid liabilities climbing from £1.9bn to £2.1bn in the last ...
View articlePCRT bodies clarify standards ahead of 2026 mandate, urging tax professionals to uphold accuracy in quarterly updates. Read More...
View articleThe Association of Chartered Certified Accountants (ACCA) has called on the European Commission (EC) to simplify its Sustainable Finance Disclosure Re...
View articleThe Financial Reporting Council (FRC) has opened consultation on a proposed UK version of a new global sustainability assurance standard, aiming to gi...
View articleNew research from FreeAgent suggests bureaucracy is still biting down hard on the UK’s small business sector — with almost one in five SMEs (18%) citi...
View articleAs with many industries, the pharmaceutical and life sciences sector is embracing artificial intelligence (AI) to drive transformation. The sector is ...
View articleResponsibility for anti-fraud is changing. Organisations must have reasonable prevention procedures in place. Read More...
View articleICAEW’s latest monitoring report finds that while most audits remain of acceptable quality, 10% were flagged for significant improvements, highlightin...
View articleThe UK accounting watchdog has identified “extremely serious” failings in EY’s audits of NMC Health, according to claims aired at the High Court this ...
View articleThe percentage of companies engaged in sustainability reporting remained unchanged at 98% Read More...
View articleAs lease standards tighten, finance teams relying on spreadsheets face rising risk. Discover how dedicated software brings control, accuracy and compl...
View articleKaren Scholes has been appointed the new president of the Institute of Chartered Accountants of Scotland (ICAS) for the 2025/26 term, making history a...
View articleThe Association of Chartered Certified Accountants (ACCA) has called for a more balanced approach to audit regulations for small and medium-sized ente...
View articleThe UK economy is set to face significant challenges over the next two years, with the EY Item Club downgrading its forecast for GDP growth to just 0....
View articleUK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...
View articleUK accountancy firms and their clients face a tightening of corporate liability rules from 1 September 2025, when the new offence of Failure to Preven...
View articleThe Financial Reporting Council (FRC) has launched an investigation into EY’s audits of the Post Office, focusing on the period from March 2015 to Mar...
View articleThe Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...
View articleEfforts to ease cross-border mobility for auditors between the US and UK have hit a roadblock, with longstanding negotiations over mutual recognition ...
View articleForvis Mazars has released its 2024 UK Sustainability Report, setting out a sharpened set of environmental and social goals, including a revised net z...
View article82% of employees use external material in generative AI tools, CLA warns Read More...
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