Digital transformation priorities for UK accounting firms: Strategic roadmap for 2025
Accounting Firms

Digital transformation priorities for UK accounting firms: Strategic roadma...

2y Mohammed Sidat, Associate Product Technology Director, Wolters Kluwer TAA UK

Digital transformation priorities for UK accountin...

It’s official, accounting firms with at least 75% technology integration are 63% more likely to report significant revenue growth compared to le...

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The real AI divide in accounting is between the fearful and the fearless
Accounting Firms

The real AI divide in accounting is between the fearful and the fearless

2y Marina Mouka

The real AI divide in accounting is between the fe...

Two accounting firms, same size, same market, same tools. One is scaling rapidly, rolling out new services, and attracting top-tier clients. The other...

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UK government consultation sparks debate on e-invoicing adoption
HMRC

UK government consultation sparks debate on e-invoicing adoption

2y Marina Mouka

UK government consultation sparks debate on e-invo...

The UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move tha...

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How to lose a month of work and still feel busy
Accounting Firms

How to lose a month of work and still feel busy

2y Accountancy Age

How to lose a month of work and still feel busy

Accounting firms pride themselves on precision. Every number balanced, every transaction documented, every report filed on time. Yet beneath this well...

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The hidden cyber threat lurking in your supply chain
Corporate Governance

The hidden cyber threat lurking in your supply chain

2y 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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Grant Thornton invests £1M in data and digital training
Grant Thornton

Grant Thornton invests £1M in data and digital training

2y Accountancy Age

Grant Thornton invests £1M in data and digital tra...

Grant Thornton UK LLP has announced a £1 million investment in a business transformation programme designed to embed a data-driven, digital mindset ac...

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When banks fail, businesses pay—The Barclays outage lesson
Business Regulation

When banks fail, businesses pay—The Barclays outage lesson

2y Marina Mouka

When banks fail, businesses pay—The Barclays outag...

On Friday, January 31, 2025, Barclays experienced a significant IT outage that disrupted various banking services, including online and mobile banking...

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The UK economy in 2025: Resilient or running on empty?
2025 Predictions

The UK economy in 2025: Resilient or running on empty?

2y Marina Mouka

The UK economy in 2025: Resilient or running on em...

The UK has entered 2025 at a crossroads. While global growth is set to continue at a modest pace, Britain faces a far more delicate balancing act. Wit...

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The hidden struggles of UK SMEs during tax season
HMRC

The hidden struggles of UK SMEs during tax season

2y Marina Mouka

The hidden struggles of UK SMEs during tax season

The end of January looms large for small business owners across the UK. It’s a time marked by long hours, frazzled nerves, and a desperate hunt for mi...

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Top 10 AI accounting tools every business needs in 2025
Accounting Software

Top 10 AI accounting tools every business needs in 2025

2y Marina Mouka

Top 10 AI accounting tools every business needs in...

In 2025, artificial intelligence (AI) has moved beyond being a buzzword in accounting—it’s now a fundamental part of how businesses manage their finan...

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HMRC releases updated guidance for Making Tax Digital testers
HMRC

HMRC releases updated guidance for Making Tax Digital testers

2y Accountancy Age

HMRC releases updated guidance for Making Tax Digi...

HMRC has issued new guidance aimed at taxpayers participating in the Making Tax Digital for Income Tax (MTD IT) testing programme. The update provides...

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How are digital assets changing the balance sheet?
Corporate Governance

How are digital assets changing the balance sheet?

2y 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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2025: Can accountants turn the tide on trust and growth?
2025 Predictions

2025: Can accountants turn the tide on trust and growth?

2y Accountancy Age

2025: Can accountants turn the tide on trust and g...

As 2025 dawns, accountants find themselves at the heart of an economy still navigating the aftershocks of a global pandemic, seismic political shifts,...

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How will SMBs benefit form Sage's new co-pilot?
Accounting Software

How will SMBs benefit form Sage's new co-pilot?

2y Accountancy Age

How will SMBs benefit form Sage's new co-pilot?

Sage has unveiled AI-driven Sage Copilot for its Intacct platform. The feature, announced on December 3, 2024, will initially be available to early ad...

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Step into the future
Accounting Firms

Step into the future

2y Myles Corson, EY Global and Americas Strategy and Markets Leader, Financial Accounting Advisory Services

Step into the future

There has probably never been a more interesting or exciting time to be a financial controller. Long recognised as the ‘safe pair of hands’ that overs...

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Budget Focus: MTD ITSA expands to sold traders and landlords
Budget 2024

Budget Focus: MTD ITSA expands to sold traders and landlords

2y Accountancy Age

Budget Focus: MTD ITSA expands to sold traders and...

In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...

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Preparing for the Digital Tax Revolution: Embracing cloud accounting
Cloud

Preparing for the Digital Tax Revolution: Embracing cloud accounting

2y John Southwell

Preparing for the Digital Tax Revolution: Embracin...

John Southwell, accounts advisory partner at national accountancy and advisory group Dains, talks about how delays in the roll out of Making Tax Digit...

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Thomson Reuters launches new AI-powered audit intelligence suite
Audit

Thomson Reuters launches new AI-powered audit intelligence suite

2y Rachael King

Thomson Reuters launches new AI-powered audit int...

Thomson Reuters  has unveiled its new Audit Intelligence suite today (September 12). Announced from their Toronto headquarters, this new suite of AI-p...

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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...

2y 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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Why savvy businesses are moving their accounting to the cloud
Cloud

Why savvy businesses are moving their accounting to the cloud

2y Steve Rogers, partner, Dains

Why savvy businesses are moving their accounting t...

It would seem counterintuitive that a large accountancy firm would be advising its clients to adopt ‘off the shelf’ cloud-based accounting software so...

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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?

2y 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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Why are accountants facing rising payment challenges?
Business

Why are accountants facing rising payment challenges?

2y 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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Navigating R&D tax credit claims in the software development world
Opinion Blog

Navigating R&D tax credit claims in the software development world

2y Mark Graves, Partner in the Innovation Tax team

Navigating R&D tax credit claims in the software d...

Originally set up to be a generous scheme to position UK companies at the forefront of innovation, Research & Development Tax Relief is one of HMR...

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Q&A: EY's Marna Ricker on the promise of quantum computing for tax
AI in Accounting

Q&A: EY's Marna Ricker on the promise of quantum computing for tax

2y Rachael Kennedy

Q&A: EY's Marna Ricker on the promise of quantum c...

The concept of quantum computing was first introduced by Richard Feynman in 1959 during his renowned lecture “There’s Plenty of Room at the Bott...

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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 ...

2y 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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Xeinadin bets big with Sage
Accounting Software

Xeinadin bets big with Sage

2y Accountancy Age

Xeinadin bets big with Sage

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), together with Xeinadin, one of the UK...

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5 things I learnt from Xerocon 2024
Accounting Software

5 things I learnt from Xerocon 2024

2y Rachael Kennedy

5 things I learnt from Xerocon 2024

Sue Perkins knows more than XBRL than expected. Xero’s CEO likes to get at least 80g of protein a day, which is hard since she’s a vegetar...

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