A new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...
View articleThe Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense disclosures for public compa...
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 Institute of Chartered Accountants in England and Wales (ICAEW) has released its comprehensive audit monitoring report for 2023/24, revealing sign...
View articleThe 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...
View articleNew PCAOB rules aim to enhance accountability Read More...
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 articleThe financial services industry has now had just over one year to embed the Consumer Duty for existing products and should now be in the position to d...
View articleTo the delight of many in mid-tier accounting circles, we are now beginning to see significant, wide-ranging steps being taken to reform audit practic...
View articleThe International Accounting Standards Board (IASB) has taken a significant step to address investor concerns about climate risk disclosure, proposing...
View articleAs the October 28 deadline approaches, accounting firms across the UK are being urged to contribute to a critical consultation that could reshape how ...
View articleThe Financial Reporting Council (FRC) has imposed sanctions on Ernst & Young LLP (EY UK) for breaching ethical standards related to non-audit serv...
View articleArtificial intelligence is no longer a futuristic concept but a present-day reality. As a result, the UK government is taking proactive steps to ensur...
View articleIn 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...
View articleThe Financial Reporting Council’s Annual Review of Audit Quality for 2024, released on July 30, 2024, paints a picture of an audit landscape in ...
View articleWith 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...
View articleAmongst 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...
View articleThe UK’s Pensions Regulator (TPR) has unveiled updated guidance for superfunds, introducing pivotal changes that accountants and financial plann...
View articleWhen King Charles delivered the first King’s speech for more than 70 years last November, there was palpable frustration across the accounting profess...
View articleAs the global push for sustainable finance intensifies, UK businesses may need to prepare for mandatory International Sustainability Standards Board (...
View articleA recent International Energy Agency (IEA) report on carbon accounting for sustainable biofuels could herald significant changes in auditing practices...
View articleThe Centre for Public Interest Audit (CPIA), a new organisation that will bring together auditors from across the profession to shape best practice an...
View articleThe Financial Reporting Council (FRC) recently imposed significant sanctions on MacIntyre Hudson LLP (MHA) and two of its auditors. The case, revolvin...
View articleOver 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...
View articleKPMG has launched its Clear on climate reporting hub to provide insights and guidance to help organisations and their stakeholders understand how to b...
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