The PwC Australia Tax Scandal Explained: An Insider's Perspective
Accounting Standards

The PwC Australia Tax Scandal Explained: An Insider's Perspective

2d Rachael Kennedy

The PwC Australia Tax Scandal Explained: An Inside...

PwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...

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Figures reveal ‘enormous’ rise in firms choosing accountancy outsourcing as industry faces ‘pivotal’ moment
Consulting

Figures reveal ‘enormous’ rise in firms choosing accountancy outsourcing as...

2d Rachael King

Figures reveal ‘enormous’ rise in firms choosing a...

Global spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...

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More than a third of female accountants too anxious to take annual leave
People Practice

More than a third of female accountants too anxious to take annual leave

3d Accountancy Age , Reporters

More than a third of female accountants too anxiou...

2 in 5 (41%) of female chartered accountants say they’ve avoided taking annual leave on more than one occasion because they were anxious about handing...

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Deloitte undergoes major restructuring to streamline operations and weather market slowdown
Big Four

Deloitte undergoes major restructuring to streamline operations and weather...

1w Accountancy Age , Reporters

Deloitte undergoes major restructuring to streamli...

Deloitte is restructuring to cut costs and streamline operations in response to a potential market slowdown. The overhaul will consolidate business un...

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Overcoming financial hurdles: Innovative strategies for startup success in Accounting
Management

Overcoming financial hurdles: Innovative strategies for startup success in ...

2w Accountancy Age , Reporters

Overcoming financial hurdles: Innovative strategie...

Startups face unique financial challenges, such as cash flow volatility and equity-based compensation complexities. Innovative strategies and technolo...

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Mastering the Art of Networking: A Strategic Guide for Accounting Professionals
People In Practice

Mastering the Art of Networking: A Strategic Guide for Accounting Professio...

2w Accountancy Age , Reporters

Mastering the Art of Networking: A Strategic Guide...

Networking in accounting is crucial for career and personal growth, involving operational, personal, and strategic types. Effective strategies include...

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Unlocking success in end-of-year budget reviews
Accounting Firms

Unlocking success in end-of-year budget reviews

2w Accountancy Age , Reporters

Unlocking success in end-of-year budget reviews

Static budgets outdated. Embrace agile budgeting for a smooth year-end close and adapt to changing markets. Read More...

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Rebranding heritage: Saffery's pivot from tradition to innovation
Accounting Firms

Rebranding heritage: Saffery's pivot from tradition to innovation

3w Rachael Kennedy

Rebranding heritage: Saffery's pivot from traditio...

Saffery Champness's strategic rebrand to "Saffery" reflects a bold step towards aligning its historic values with a modern, innovative ethos, fosterin...

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Almost half of accountants believe accountancy is viewed as a stuffy, dull profession
Skills

Almost half of accountants believe accountancy is viewed as a stuffy, dull ...

3w Accountancy Age , Reporters

Almost half of accountants believe accountancy is ...

New data from cloud accounting provider, FreeAgent sheds light on the true nature of the accounting profession. Read More...

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Recession or not, local accountancy practices can help their clients to grow
Accounting Firms

Recession or not, local accountancy practices can help their clients to gro...

3w Warren Mead

Recession or not, local accountancy practices can ...

Sumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...

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Accountancy people moves: February 2024
Company News

Accountancy people moves: February 2024

3w Rachael Kennedy

Accountancy people moves: February 2024

The ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...

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Xero launches AI assistant as accounting tech industry jumps on hype
Accounting Software

Xero launches AI assistant as accounting tech industry jumps on hype

4w Accountancy Age , Reporters

Xero launches AI assistant as accounting tech indu...

On February 28, Xero became the latest accounting technology provider to launch a new AI assistant. ‘Just Ask Xero’ or JAX was announced a...

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The synergy of OCR and AI in streamlining accounts payable automation
Accounting Software

The synergy of OCR and AI in streamlining accounts payable automation

4w Kloo

The synergy of OCR and AI in streamlining accounts...

The collaboration between OCR and AI in automating the AP workflow marks a significant stride towards operational excellence. Read More...

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The ingredients for building the ideal modern finance and accounting team
People In Business

The ingredients for building the ideal modern finance and accounting team

1m Rachael King

The ingredients for building the ideal modern fina...

New research reveals a clear recipe for constructing a high-impact finance unit in today’s rapidly evolving business climate. Global talent lead...

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KPMG and Blue J launch AI tax tool
Big Four

KPMG and Blue J launch AI tax tool

1m Accountancy Age , Reporters

KPMG and Blue J launch AI tax tool

The tool, Ask Blue J, will revolutionize tax research, allowing KPMG to predict tax outcomes and ask detailed tax-related questions. Read More...

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MHA takes over as auditor for Revolution Beauty
Audit

MHA takes over as auditor for Revolution Beauty

1m Accountancy Age , Reporters

MHA takes over as auditor for Revolution Beauty

This follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...

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Deloitte announces scale back of regional deal advisory services
Big Four

Deloitte announces scale back of regional deal advisory services

1m Accountancy Age , Reporters

Deloitte announces scale back of regional deal adv...

Following a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...

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Dow Schofield Watts broadens services to provide fractional support to senior leaders
50+50

Dow Schofield Watts broadens services to provide fractional support to seni...

1m Rachael Kennedy

Dow Schofield Watts broadens services to provide f...

UK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...

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Diversity and inclusion critical to tackling financial talent shortage
Business

Diversity and inclusion critical to tackling financial talent shortage

1m Accountancy Age , Reporters

Diversity and inclusion critical to tackling finan...

While diversity and inclusion (DE&I) strategies are nothing new, they have risen in importance amongst financial talent when it comes to choosing a pl...

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PwC announces launch of new Cambridge-based digital accelerator
Big Four

PwC announces launch of new Cambridge-based digital accelerator

1m Accountancy Age , Reporters

PwC announces launch of new Cambridge-based digita...

PwC Cambridge launched a new digital accelerator – a 12-week Innovation Programme supported by Multinational Corporations collaborating with tec...

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PwC launches AI assistant tool for tax services
Big Four

PwC launches AI assistant tool for tax services

1m Accountancy Age , Reporters

PwC launches AI assistant tool for tax services

The tax AI assistant tool cross references and has been trained on case law, legislation and other underlying sources, together with PwC UK’s own IP R...

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Slowing client demand stems promotions at PwC
Audit

Slowing client demand stems promotions at PwC

1m Accountancy Age , Reporters

Slowing client demand stems promotions at PwC

PwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...

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The rise and fall of EY's Project Everest
Big Four

The rise and fall of EY's Project Everest

1m Accountancy Age , Reporters

The rise and fall of EY's Project Everest

EY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...

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Top 50+50 Accountancy Firms 2023: Firms report total fee income growth amid market volatility
50+50

Top 50+50 Accountancy Firms 2023: Firms report total fee income growth amid...

1m Rachael King

Top 50+50 Accountancy Firms 2023: Firms report tot...

Mid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...

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Can AI eliminate audit scheduling headaches?
Audit

Can AI eliminate audit scheduling headaches?

1m Accountancy Age , Reporters

Can AI eliminate audit scheduling headaches?

Traditionally, audit schedules have been prepared manually, consuming significant time and resources. However, with the advancements in Artificial Int...

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Baker Tilly International announces record growth
Accounting Firms

Baker Tilly International announces record growth

2m Accountancy Age , Reporters

Baker Tilly International announces record growth

Baker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...

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Why good accountants need to be more visible to small businesses
Accounting Firms

Why good accountants need to be more visible to small businesses

2m Adam Harper , Director of professional standards and policy, AAT

Why good accountants need to be more visible to sm...

Whilst Small and Medium Enterprises (SMEs) account for around half of the turnover in the UK private sector[1], our own AAT research shows that over a...

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