How the UK’s Modern Industrial Strategy addresses glaring imbalances by shining a light on accountancy
Audit

How the UK’s Modern Industrial Strategy addresses glaring imbalances by shi...

6d Damon Brain, CEO at Duncan & Toplis

How the UK’s Modern Industrial Strategy addresses ...

The government’s Modern Industrial Strategy quietly elevates accountancy from a back-office function to a cornerstone of economic growth and technolog...

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UK firms are drawing a line on FRC ‘name and shame’ tactics
Audit

UK firms are drawing a line on FRC ‘name and shame’ tactics

1w nikita alexander

UK firms are drawing a line on FRC ‘name and shame...

A rare alliance of the Big Four and mid-tier firms is pushing the FRC to abandon its controversial ‘name and shame’ policy. As the regulator weighs it...

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Inside the £77.6m accounting failure at CTM
Audit

Inside the £77.6m accounting failure at CTM

1m nikita alexander

Inside the £77.6m accounting failure at CTM

The £77.6 million accounting error at Corporate Travel Management (CTM), which triggered an urgent government investigation, is a sobering case study ...

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Xeinadin Strengthens Manchester with Senior Hires to Tackle SME Audit and Insolvency Headwinds
Audit

Xeinadin Strengthens Manchester with Senior Hires to Tackle SME Audit and I...

2m Accountancy Age

Xeinadin Strengthens Manchester with Senior Hires ...

Xeinadin, the integrated business advisory and accountancy group, has cemented its commitment to the UK’s crucial SME sector with two high-profile app...

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The end of sampling? Why UK audit can embrace full-population testing
Audit

The end of sampling? Why UK audit can embrace full-population testing

2m nikita alexander

The end of sampling? Why UK audit can embrace full...

The reliance on statistical sampling is becoming an outdated risk in a data-rich world. UK audit firms must transition to full-population testing and ...

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Cooper Parry strengthens team with four PwC hires
Accounting Firms

Cooper Parry strengthens team with four PwC hires

4m Accountancy Age

Cooper Parry strengthens team with four PwC hires

Cooper Parry has expanded its leadership with four senior hires from PwC, reinforcing its mid-market strategy in audit, tax, assurance, and regional g...

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FRC launches ‘scalebox’ to help smaller firms challenge Big Four dominance
Audit

FRC launches ‘scalebox’ to help smaller firms challenge Big Four dominance

4m Accountancy Age

FRC launches ‘scalebox’ to help smaller firms chal...

The Financial Reporting Council has unveiled a new scalebox initiative to mentor smaller audit firms and improve competition with the Big Four. Read M...

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S&W boosts northern audit team with experienced KPMG hire
Audit

S&W boosts northern audit team with experienced KPMG hire

4m Accountancy Age

S&W boosts northern audit team with experienced KP...

S&W has appointed Chris Vaulks as a partner in its audit practice, expanding the firm’s capabilities in the technology, construction, and manufact...

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Forvis Mazars integrates EcoOnline platform for audit-ready ESG data
Accounting Firms

Forvis Mazars integrates EcoOnline platform for audit-ready ESG data

4m Accountancy Age

Forvis Mazars integrates EcoOnline platform for au...

Forvis Mazars has partnered with global software provider EcoOnline to improve ESG reporting and assurance for clients in Singapore, supporting compli...

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Deloitte brings nearly 1,500 new graduates and apprentices into UK workforce
Accounting Firms

Deloitte brings nearly 1,500 new graduates and apprentices into UK workforc...

5m Accountancy Age

Deloitte brings nearly 1,500 new graduates and app...

Deloitte is set to onboard almost 1,500 graduates, apprentices and industrial placement students across 17 UK offices, with a further 98 joining in De...

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New money laundering threats put accountants on alert
Audit

New money laundering threats put accountants on alert

5m Accountancy Age

New money laundering threats put accountants on al...

The 2025 National Risk Assessment confirms accountancy services remain at high risk of money laundering, but highlights a more complex threat environm...

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WHSmith stands by CEO as accounting scandal reverberates across UK boardrooms
Audit

WHSmith stands by CEO as accounting scandal reverberates across UK boardroo...

5m Accountancy Age

WHSmith stands by CEO as accounting scandal reverb...

WHSmith’s board is backing chief executive Carl Cowling as it investigates £30m accounting errors that cut profit forecasts and wiped £600m off its va...

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Gerald Edelman appoints new UK audit partner
Accounting Firms

Gerald Edelman appoints new UK audit partner

5m Accountancy Age

Gerald Edelman appoints new UK audit partner

Gerald Edelman has appointed Tom Harris as its new audit partner, expanding the leadership team as the firm continues to grow and diversify its client...

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Revolut taps EY for 2026 audit after BDO revenue concerns
Accounting Firms

Revolut taps EY for 2026 audit after BDO revenue concerns

5m Accountancy Age

Revolut taps EY for 2026 audit after BDO revenue c...

Revolut has appointed Ernst & Young (EY) as its new global auditor, following a competitive tender process for the financial year ending 31 Decemb...

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Baker Tilly adds UAE firm to expand Middle East footprint
Accounting Firms

Baker Tilly adds UAE firm to expand Middle East footprint

6m Accountancy Age

Baker Tilly adds UAE firm to expand Middle East fo...

Baker Tilly International has added a new member firm in the United Arab Emirates, marking an expansion of its network in a market the group describes...

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FTSE AIM 100: PwC and BDO battle for value
Accounting Firms

FTSE AIM 100: PwC and BDO battle for value

6m Accountancy Age

FTSE AIM 100: PwC and BDO battle for value

The latest Adviser Rankings Ltd figures for AIM auditors reveal a quarter of mixed fortunes for firms across the rankings. While PKF Littlejohn contin...

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Gerald Edelman acquires Surrey firm Vista Partners
Accounting Firms

Gerald Edelman acquires Surrey firm Vista Partners

6m Accountancy Age

Gerald Edelman acquires Surrey firm Vista Partners

Accountancy and advisory firm Gerald Edelman has acquired Redhill-based Vista Partners, strengthening its presence across Surrey, Sussex, and the Sout...

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MoD received £211bn worth of suspicious invoices in three years
Audit

MoD received £211bn worth of suspicious invoices in three years

6m Accountancy Age

MoD received £211bn worth of suspicious invoices i...

Financial controls tightened following high-profile expense and cheque fraud cases Read More...

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Deloitte's Glencore audits under FRC scrutiny
Audit

Deloitte's Glencore audits under FRC scrutiny

6m Accountancy Age

Deloitte's Glencore audits under FRC scrutiny

The Financial Reporting Council (FRC) has launched a formal investigation into Deloitte’s audits of Glencore plc and its UK subsidiary, Glencore Energ...

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Half of UK accountancy firms open to private equity
Accounting Firms

Half of UK accountancy firms open to private equity

6m Accountancy Age

Half of UK accountancy firms open to private equit...

Nearly half of the UK’s leading accountancy firms are open to private equity investment, according to new research by law firm Kingsley Napley,  under...

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Barclays fined £42m over serious failures in financial crime controls
Audit

Barclays fined £42m over serious failures in financial crime controls

6m Accountancy Age

Barclays fined £42m over serious failures in finan...

The Financial Conduct Authority (FCA) has fined Barclays a combined £42 million for serious failings in its financial crime risk management, citing tw...

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UK moves to regulate AI audit ‘wild west’ with first global standard
Accounting Standards

UK moves to regulate AI audit ‘wild west’ with first global standard

6m Accountancy Age

UK moves to regulate AI audit ‘wild west’ with fir...

The British Standards Institution (BSI) has published a new international standard aimed at bringing structure, transparency, and trust to the rapidly...

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KPMG replaced by small firm as P&O Ferries auditor
Accounting Firms

KPMG replaced by small firm as P&O Ferries auditor

6m Accountancy Age

KPMG replaced by small firm as P&O Ferries auditor

P&O Ferries has appointed a boutique Oxfordshire-based firm, Just Audit & Assurance (JAA), as its new auditor following the unexpected departu...

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BDO flagged by FRC over audit quality concerns
Accounting Firms

BDO flagged by FRC over audit quality concerns

6m Accountancy Age

BDO flagged by FRC over audit quality concerns

The Financial Reporting Council has sharply criticised BDO’s audit quality, calling its work “significantly short of expectations” and placing the fir...

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When the apple doesn’t fall far from the audit firm
Audit

When the apple doesn’t fall far from the audit firm

6m Accountancy Age

When the apple doesn’t fall far from the audit fir...

When right is nobody’s business, wrong sets the culture. The recent PCAOB fines totalling $8.5 million for cheating on ethics exams at Deloitte, PwC a...

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Can agentic AI really handle end-to-end tax and audit workflows?
AI in Accounting

Can agentic AI really handle end-to-end tax and audit workflows?

7m Accountancy Age

Can agentic AI really handle end-to-end tax and au...

Agentic AI is pushing beyond routine automation, offering tax teams autonomous workflows, compliance insights, and specialist AI “colleagues.” Here’s ...

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ICAEW proposes four principles to future-proof reporting accountants
Accounting Standards

ICAEW proposes four principles to future-proof reporting accountants

7m Accountancy Age

ICAEW proposes four principles to future-proof rep...

In 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...

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