Audit reform takes another rain check
Audit

Audit reform takes another rain check

5d nikita alexander

Audit reform takes another rain check

The "Ghost of Reforms Past" returns as the Government shelves the Audit Reform Bill in a shock pivot toward "economic growth." With the birth of ARGA ...

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Disclosure requirements for supplier finance arrangements: Implications for financial reporting
Accounting Standards

Disclosure requirements for supplier finance arrangements: Implications for...

4m Timothy Rose, Head of Sales UK at cflox

Disclosure requirements for supplier finance arran...

Supplier Finance Arrangements (SFA), including reverse factoring and similar structures, have become an integral part of modern working capital manage...

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The case for B Corp Certification in finance: A better way forward
Corporate Governance

The case for B Corp Certification in finance: A better way forward

4m  Sean O’Farrell, Managing Director, Choice Commercial Finance

The case for B Corp Certification in finance: A be...

As political trust fractures and global challenges mount, the finance sector faces a critical choice: maintain business as usual or become a genuine f...

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Upcoming changes to UK company law: what accountants need to know
Business Regulation

Upcoming changes to UK company law: what accountants need to know

4m Companies House

Upcoming changes to UK company law: what accountan...

Companies House is phasing in new measures under the Economic Crime and Corporate Transparency Act to tackle fraud, strengthen transparency and suppor...

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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

5m 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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Keeping the UK competitive in global Life Sciences
Business

Keeping the UK competitive in global Life Sciences

5m By Nigel Layton, Global Head of Pharma & Life Sciences at Forvis Mazars

Keeping the UK competitive in global Life Sciences

The UK life sciences sector is at a crossroads. Despite world-class research, talent, and government support, disputes over NHS pricing and growing US...

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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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How to spot deepfakes in finance and accountancy
Accounting Firms

How to spot deepfakes in finance and accountancy

5m Marina Mouka

How to spot deepfakes in finance and accountancy

In recent years, deepfakes—hyper-realistic images, videos, and audio recordings generated using artificial intelligence (AI)—have emerged as one of th...

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Bishop Fleming raises over £500,000 for charity in first year
Accounting Firms

Bishop Fleming raises over £500,000 for charity in first year

6m Accountancy Age

Bishop Fleming raises over £500,000 for charity in...

Bishop Fleming has announced that it has met its goal of giving back 1% of its turnover to charity through its 1% for Communities initiative. The firm...

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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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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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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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Complexity of SFDR risks stalling green finance progress
Corporate Governance

Complexity of SFDR risks stalling green finance progress

8m Accountancy Age

Complexity of SFDR risks stalling green finance pr...

The Association of Chartered Certified Accountants (ACCA) has called on the European Commission (EC) to simplify its Sustainable Finance Disclosure Re...

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How organisations can prepare for the new fraud prevention measures
Companies House

How organisations can prepare for the new fraud prevention measures

8m Olivier Cornet, UK Country Manager, geoficiency

How organisations can prepare for the new fraud pr...

​​​​​Responsibility for anti-fraud is changing. Organisations must have reasonable prevention procedures in place. Read More...

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EY fined £4.9m for failing to meet standards in Thomas Cook audit
Audit

EY fined £4.9m for failing to meet standards in Thomas Cook audit

10m Marina Mouka

EY fined £4.9m for failing to meet standards in Th...

The Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...

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Forvis Mazars brings net zero target forward in ESG overhaul
Accounting Firms

Forvis Mazars brings net zero target forward in ESG overhaul

10m Accountancy Age

Forvis Mazars brings net zero target forward in ES...

Forvis Mazars has released its 2024 UK Sustainability Report, setting out a sharpened set of environmental and social goals, including a revised net z...

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EY axes 30 partners in biggest executive purge in decades
Big Four

EY axes 30 partners in biggest executive purge in decades

10m Accountancy Age

EY axes 30 partners in biggest executive purge in ...

Ernst & Young (EY) is set to implement one of its most substantial partner redundancy initiatives in decades, aiming to safeguard profitability am...

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Unlocking productivity: collaborative synergies for C-Suite leaders
Corporate Finance

Unlocking productivity: collaborative synergies for C-Suite leaders

11m Irena Teneva, AICPA & CIMA

Unlocking productivity: collaborative synergies fo...

Successful productivity initiatives require synergies and board-level collaborations that seamlessly integrate people, technology, and finance, but sy...

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Brussels retreats on ESG rules—80% of firms to skip mandatory reporting
Corporate Governance

Brussels retreats on ESG rules—80% of firms to skip mandatory reporting

11m Marina Mouka

Brussels retreats on ESG rules—80% of firms to ski...

The European Commission has unveiled sweeping changes to sustainability reporting requirements under its Omnibus Simplification Package, a move that w...

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AAT appoints Sir Stephen Hillier as Board Chair
Company News

AAT appoints Sir Stephen Hillier as Board Chair

11m Accountancy Age

AAT appoints Sir Stephen Hillier as Board Chair

The Association of Accounting Technicians (AAT) has named Sir Stephen Hillier as its inaugural Board Chair, a move that signals a sweeping overhaul of...

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UK companies fall short on late filing fines, raising enforcement concerns
Corporate Governance

UK companies fall short on late filing fines, raising enforcement concerns

11m Accountancy Age

UK companies fall short on late filing fines, rais...

UK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major comp...

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Unlocking productivity: the evolving role of the CFO
Corporate Finance

Unlocking productivity: the evolving role of the CFO

12m Irena Teneva, AICPA & CIMA

Unlocking productivity: the evolving role of the C...

Understanding what drives productivity is crucial to economic growth, innovation, and living standards, making all of us stakeholders in the efforts t...

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FCA faces backlash over plan to expose firms under investigation
Business Regulation

FCA faces backlash over plan to expose firms under investigation

12m Marina Mouka

FCA faces backlash over plan to expose firms under...

The UK’s financial watchdog is facing fierce resistance over its proposal to publicly disclose company investigations before enforcement action is tak...

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Battle lines drawn on internal controls as FRC closes consultation on new Corporate Governance Code
Corporate Governance

Battle lines drawn on internal controls as FRC closes consultation on new C...

2y David Callaghan

Battle lines drawn on internal controls as FRC clo...

According to the Chartered IIA, internal audit should be placed at the forefront of a new Code Read More...

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Let’s make accountants accountable for better business behaviour
Business

Let’s make accountants accountable for better business behaviour

2y Paul Druckman , Chairman, World Benchmarking Alliance

Let’s make accountants accountable for better busi...

By 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...

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FRC announces major overhaul of UK Corporate Governance Code
Audit

FRC announces major overhaul of UK Corporate Governance Code

3y Sam Alberti

FRC announces major overhaul of UK Corporate Gover...

The proposals form part of an ongoing overhaul of audit and corporate governance in the UK Read More...

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