Internal audit flagged it. The board ignored it. The FCA fined it.
Audit

Internal audit flagged it. The board ignored it. The FCA fined it.

3d nikita alexander

Internal audit flagged it. The board ignored it. T...

A new report from the Chartered IIA reveals that UK financial firms have faced £1.02bn in fines for internal control failures since 2021. With the new...

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ACCA sounds the alarm: Why deprioritising net zero is the UK's most expensive mistake
ACCA

ACCA sounds the alarm: Why deprioritising net zero is the UK's most expensi...

4d nikita alexander

ACCA sounds the alarm: Why deprioritising net zero...

Analysis of the ACCA Annual Sustainability Conference (Earth Day 2026) Read More...

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The mid-week roundup: Land grabs, AI and bad economic news
Accounting Firms

The mid-week roundup: Land grabs, AI and bad economic news

5d nikita alexander

The mid-week roundup: Land grabs, AI and bad econo...

From the "land grab" for North London practices to the launch of "agentic AI" in the mid-market, this week has signaled a major structural shift in th...

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One in three large companies hit by VAT investigation
HMRC

One in three large companies hit by VAT investigation

7d nikita alexander

One in three large companies hit by VAT investigat...

HMRC’s post-pandemic leniency has officially ended. As the Treasury targets a £11.4bn VAT gap, new data reveals a 31% surge in investigations into lar...

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Exit wounds: The succession tax nobody planned for
2026 Predictions

Exit wounds: The succession tax nobody planned for

1w nikita alexander

Exit wounds: The succession tax nobody planned for

Entering the 2026/27 tax year, the "family business handover" has officially become a luxury. From the end of uncapped BPR to the final climb of BADR,...

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FRS 102, dry powder and the AI pivot: Three forces reshaping UK accounting
Accounting Standards

FRS 102, dry powder and the AI pivot: Three forces reshaping UK accounting

2w nikita alexander

FRS 102, dry powder and the AI pivot: Three forces...

As the "2026 Reporting Cliff" approaches, the UK accounting profession faces a dual crisis of regulatory upheaval and technological displacement. From...

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The weekly roundup: Audit scrutiny, digital deadlines & dealmaking
FRC

The weekly roundup: Audit scrutiny, digital deadlines & dealmaking

2w nikita alexander

The weekly roundup: Audit scrutiny, digital deadli...

As the 2026/27 tax year kicks into gear, the UK accounting sector faces a perfect storm of regulatory enforcement and structural evolution. From the F...

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Widening access is key to solving accountancy’s talent shortage
People In Business

Widening access is key to solving accountancy’s talent shortage

3w Margaret Laidlaw, Head of Talent & Culture at Forvis Mazars

Widening access is key to solving accountancy’s ta...

The instinct to streamline entry routes into accountancy is understandable, but misguided. Margaret Laidlaw, Head of Talent & Culture at Forvis Mazars...

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EY’s agentic AI pivot - A watershed moment for audit quality?
AI in Accounting

EY’s agentic AI pivot - A watershed moment for audit quality?

3w nikita alexander

EY’s agentic AI pivot - A watershed moment for aud...

As EY rolls out an enterprise-scale multi-agent AI framework across 160,000 global engagements, the era of manual audit sampling is under threat. We a...

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The end of year-end? Why 2026 is rewriting the audit playbook
AI in Accounting

The end of year-end? Why 2026 is rewriting the audit playbook

3w nikita alexander

The end of year-end? Why 2026 is rewriting the aud...

As the 2026 reporting season hits its stride, the "Big Crunch" is being replaced by the "Continuous Close." With the FRC’s new Agentic AI guidance now...

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23% consider quitting over MTD chaos
HMRC

23% consider quitting over MTD chaos

3w nikita alexander

23% consider quitting over MTD chaos

A new study of 1,000 high-earning sole traders shows that nearly half feel "forgotten" by the MTD system, while myths regarding quarterly payments and...

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Umbrella company reforms: what accountants need to know ahead of April 2026
Contracting

Umbrella company reforms: what accountants need to know ahead of April 2026

4w Neil Swift, Partner, and Rachel Cook, Of Counsel, at Peters & Peters

Umbrella company reforms: what accountants need to...

The countdown to April 2026 has begun. As HMRC shifts the burden of PAYE liability up the supply chain, Neil Swift and Rachel Cook of Peters & Peters ...

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How AI Is Changing Professional Judgement
Business

How AI Is Changing Professional Judgement

4w Accountancy Age

How AI Is Changing Professional Judgement

Tax research is moving beyond the "10 blue links" of Google and Boolean search. Benjamin Alarie (CEO, Blue J) explains the technical shift toward cont...

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AI isn’t replacing accountants... it’s creating more work
Regulation

AI isn’t replacing accountants... it’s creating more work

4w nikita alexander

AI isn’t replacing accountants... it’s creating mo...

As the countdown to MTD for ITSA begins, new research reveals that a ‘chatbot tax’ is already hitting UK businesses. With half of accountants reportin...

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The FRC’s "evolution" - A practical pivot or a return to soft regulation?
Audit

The FRC’s "evolution" - A practical pivot or a return to soft regulation?

1m nikita alexander

The FRC’s "evolution" - A practical pivot or a ret...

The Financial Reporting Council is pivoting from its post-Carillion "enforcement era" toward a risk-based, proportionate supervisory model. As the reg...

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ACCA applauds moves to strengthen vital UK small business audit market
ACCA

ACCA applauds moves to strengthen vital UK small business audit market

1m Accountancy Age

ACCA applauds moves to strengthen vital UK small b...

UK’s audit regulator’s plans to tackle SME audit challenges backed by leading global accountancy body Read More...

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Rethinking the ‘standard’ accountant - The case for neuro-inclusion
ACCA

Rethinking the ‘standard’ accountant - The case for neuro-inclusion

1m nikita alexander

Rethinking the ‘standard’ accountant - The case fo...

The "standard" accountant is a myth. A new landmark report from the ACCA reveals why the UK’s most successful firms are ditching one-size-fits-all man...

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Re-engineering the Practice for MTD
MTD

Re-engineering the Practice for MTD

1m Accountancy Age

Re-engineering the Practice for MTD

MTD for Income Tax introduces a five-fold increase in reporting frequency for sole traders. We examine the technical challenges of the "fee ceiling," ...

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MTD countdown begins and the grace period is over
Making Tax Digital

MTD countdown begins and the grace period is over

1m nikita alexander

MTD countdown begins and the grace period is over

The 2026 Spring Statement has drawn a final line in the sand for the UK’s tax landscape. With the Chancellor holding firm on thresholds and MTD ITSA m...

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Nottingham-based practice GP&S joins Xeinadin, strengthening support for owner-managed businesses
Mergers And Acquisitions

Nottingham-based practice GP&S joins Xeinadin, strengthening support for ow...

1m Accountancy Age

Nottingham-based practice GP&S joins Xeinadin, str...

Xeinadin continues its aggressive UK expansion by acquiring Long Eaton-based Gregory Priestley & Stewart, bolstering its presence in the Midlands and ...

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The £1.3m Missed Call Problem
Practice

The £1.3m Missed Call Problem

1m Accountancy Age

The £1.3m Missed Call Problem

Most firms spend a fortune on lead generation, yet 42% fail to respond to enquiries within two days. Jess Pritchard of Moneypenny breaks down the high...

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Why AI Readiness Now Signals Firm Value
Accounting Firms

Why AI Readiness Now Signals Firm Value

2m Accountancy Age

Why AI Readiness Now Signals Firm Value

Many UK firms are stuck in "AI pilot mode," hampered by legacy systems and partner-owned silos. Marc McNicholl (Intapp) explains why a single source o...

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Vistry and the FRC: When a "forecast" becomes a personal career risk
FRC

Vistry and the FRC: When a "forecast" becomes a personal career risk

2m nikita alexander

Vistry and the FRC: When a "forecast" becomes a pe...

The Vistry probe signals a shift in regulatory focus from the boardroom to the site office. We break down the £165m forecasting failure and provide a ...

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AI won’t deliver ROI without emotional intelligence.
AI in Accounting

AI won’t deliver ROI without emotional intelligence.

2m Romina Gaudiosi, Marketing Partner & Head of Growth at Buzzacott LLP

AI won’t deliver ROI without emotional intelligenc...

As AI reshapes professional services, the competitive edge will belong to firms that develop emotional intelligence alongside technical capability. Re...

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Event round up: Alternative Accountancy Management
Practice

Event round up: Alternative Accountancy Management

2m Accountancy Age

Event round up: Alternative Accountancy Management

The first day of the 2026 Alternative Accountancy Management proved that change is no longer optional. From the "war chest" of Private Equity to the d...

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Protiviti’s blueprint for the AI-native accounting firm
AI in Accounting

Protiviti’s blueprint for the AI-native accounting firm

2m nikita alexander

Protiviti’s blueprint for the AI-native accounting...

As the UK accounting profession moves beyond the initial hype of generative AI, the conversation is shifting from "what can it do?" to "how do we rebu...

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35 under 35: James Davenport On Inclusivity In The Accounting Profession
35 under 35

35 under 35: James Davenport On Inclusivity In The Accounting Profession

2m Accountancy Age

35 under 35: James Davenport On Inclusivity In The...

For James Davenport, a partner at Moore Kingston Smith, professional success isn't a single moment but a state of equilibrium. From graduate trainee t...

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