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 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 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 Association of Chartered Certified Accountants (ACCA) has called for a more balanced approach to audit regulations for small and medium-sized ente...
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 article82% of employees use external material in generative AI tools, CLA warns Read More...
View articleTwo of the world’s leading professional bodies have signed a three-year cooperation deal aimed at strengthening the global response to fraud in busine...
View articleHMRC’s enforcement of IR35 off-payroll working rules has generated an extra £4.2bn in tax over the past four years, affecting approximately 120,000 co...
View articleFor over a decade, HMRC’s Real-Time Information (RTI) system has been the backbone of payroll reporting in the UK. Introduced with the promise of impr...
View articleThe European Commission has unveiled sweeping changes to sustainability reporting requirements under its Omnibus Simplification Package, a move that w...
View articleThe UK’s Financial Conduct Authority (FCA) has found that most financial advice firms are delivering suitability reviews as required, but gaps remain ...
View articleUK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major comp...
View articleThe European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional...
View articleThe UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...
View articleThe UK’s financial watchdog is facing fierce resistance over its proposal to publicly disclose company investigations before enforcement action is tak...
View articleThe FRC's Enforcement Committee identified significant departures from expected auditing standards, including uncorrected material errors in financial...
View articleBody Shop, Ted Baker, Farfetch, MatchesFashion and Wilko among latest retailer insolvencies. Number of businesses in trouble are the highest in five y...
View articleTens of thousands of businesses could potentially miss out on vital research and development (R&D) tax relief. New requirements for companies to p...
View article28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Read More...
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