The Financial Reporting Council's record fines imposed on audit firms in 2023 demonstrate its unwavering commitment to enhancing audit quality. Read M...
View articleThe IFA's Jonathan Barber shares his predictions for the upcoming year with ESG taking more of a prominence between debates regarding digital transfor...
View articleThe Horizon scandal has shed light on the crucial role of ethical practices in the accounting technology industry, and underscored the need for transp...
View articleChanges will help to make accounting profession more attractive, ICAEW boss says Read More...
View articleIn the wake of a series of scandals and strategic missteps, the Big Four accounting and consulting firms – Deloitte, EY, KPMG, and PwC – a...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleAmidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...
View articleWith an Autumn Statement that has received mixed reviews, one aspect that has flown somewhat under the radar is the commitment to public sector paymen...
View articleThe Institute of Chartered Accountants in England and Wales (ICAEW) has come under scrutiny for its board appointments, with new research suggesting a...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleAccountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...
View articleThe Big Four audit firms earned 98% of FTSE 350 audit fees in 2022, despite efforts to increase competition within the market Read More...
View articleAs the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...
View article38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...
View articleThis arrangement allows auditors who are professionally qualified and registered as statutory auditors in either the UK or Switzerland to apply for re...
View articleWill the absence of these clearances increases the risk of discovering tax liabilities after the dissolution of the company, leading to financial burd...
View article67% of participants predicted that their companies will increase AI investment in 2024 through expanded implementation, partnerships with AI software ...
View articleTraditionally, smaller businesses have had to navigate auditing standards designed for larger, more complex entities. This new standard offers a more ...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleFaber has been outspoken about the EU's approach and reinforces the ISSB's approach of a climate transitioning on the "necessary scale" Read More...
View articleEffective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleThe involvement of EY and PwC in this case raises questions about their responsibility and oversight Read More...
View articleAs COP28 gets underway, the FCA's new rules are a significant step towards greater transparency and consumer protection in the sustainable investment ...
View articleLandmark victory for UK freelancers as media Presenter Kaye Adams wins nine-year IR35 case against HMRC Read More...
View articleFintech giant considers dropping BDO following audit report in order to obtain clean bill of health from PRA Read More...
View articleIt is essential for crypto asset owners to take advantage of the new disclosure facility and seek specialist advice when necessary Read More...
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