How to grow green skills within your team

CSR How to grow green skills within your team

3m Rachael Kennedy

How to grow green skills within your team

By providing accurate and transparent financial information, accountants enable informed decision-making that considers both financial and environment...

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IFA: A reflection on 2023’s challenges and successes

Business IFA: A reflection on 2023’s challenges and successes

3m Institute of Financial Accountants

IFA: A reflection on 2023’s challenges and success...

Could accountants' efforts to better align with the demands and expectations of their clients serve as a spark for greater innovation and sector chang...

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What to expect in 2024 (it's not just AI!)

Business What to expect in 2024 (it's not just AI!)

3m Rachael Kennedy

What to expect in 2024 (it's not just AI!)

The accountancy market in the UK is on the brink of transformation in 2024. As technology continues to advance and the business landscape evolves, acc...

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No early Christmas gifts from Threadneedle Street, but next rate move most likely down

Brexit & Economy No early Christmas gifts from Threadneedle Street, but next rate move most likely down

3m Jonathan Ashworth, Chief economist, ACCA

No early Christmas gifts from Threadneedle Street,...

MPC remains hawkish, but rates have likely peaked Read More...

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Is consolidation the answer to the UK’s R&D advisory problem?

HMRC Is consolidation the answer to the UK’s R&D advisory problem?

3m Rebeca Clark

Is consolidation the answer to the UK’s R&D adviso...

Amidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...

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Should the Autumn Statement have been tougher on late payments?

Budget Should the Autumn Statement have been tougher on late payments?

3m Institute of Financial Accountants

Should the Autumn Statement have been tougher on l...

With an Autumn Statement that has received mixed reviews, one aspect that has flown somewhat under the radar is the commitment to public sector paymen...

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ICAEW under pressure due to lack of board diversity

Practice ICAEW under pressure due to lack of board diversity

3m Accountancy Age, Reporters

ICAEW under pressure due to lack of board diversit...

The Institute of Chartered Accountants in England and Wales (ICAEW) has come under scrutiny for its board appointments, with new research suggesting a...

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Phil Thompson loses IR35 case

HMRC Phil Thompson loses IR35 case

3m Accountancy Age, Reporters

Phil Thompson loses IR35 case

The recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...

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What should accountants take away from Amazon's $270 million tax win?

Business What should accountants take away from Amazon's $270 million tax win?

3m Accountancy Age, Reporters

What should accountants take away from Amazon's $2...

Accountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...

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FRC's competition efforts fall flat as Big Four continue to dominate

Accounting Firms FRC's competition efforts fall flat as Big Four continue to dominate

3m Accountancy Age, Reporters

FRC's competition efforts fall flat as Big Four co...

The Big Four audit firms earned 98% of FTSE 350 audit fees in 2022, despite efforts to increase competition within the market Read More...

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Sunak employs Thatcher-like tactics with taxation shift

Corporate Tax Sunak employs Thatcher-like tactics with taxation shift

3m Accountancy Age, Reporters

Sunak employs Thatcher-like tactics with taxation ...

As the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...

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FRC says volume of Tier 2 and 3 audit firms requiring improvement is 'unacceptable'

Accounting Standards FRC says volume of Tier 2 and 3 audit firms requiring improvement is 'unacceptable'

3m Accountancy Age, Reporters

FRC says volume of Tier 2 and 3 audit firms requir...

38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...

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UK and Switzerland enhance ties with mutual recognition of audit qualifications

Audit UK and Switzerland enhance ties with mutual recognition of audit qualifications

3m Accountancy Age, Reporters

UK and Switzerland enhance ties with mutual recogn...

This arrangement allows auditors who are professionally qualified and registered as statutory auditors in either the UK or Switzerland to apply for re...

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Accountancy Blueprint: A guide to pivoting to a consultancy model

Consulting Accountancy Blueprint: A guide to pivoting to a consultancy model

3m Accountancy Age, Reporters

Accountancy Blueprint: A guide to pivoting to a co...

Transitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...

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How accountants can guide SMEs towards sustainable funding

CSR How accountants can guide SMEs towards sustainable funding

3m Accountancy Age, Reporters

How accountants can guide SMEs towards sustainable...

SMEs don’t always have the time and resources to create strategies, but accountants can direct them to products which do take net-zero into account Re...

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HMRC shifts greater responsibility to insolvency practitioners following cessation tax clearance services

HMRC HMRC shifts greater responsibility to insolvency practitioners following cessation tax clearance services

3m Accountancy Age, Reporters

HMRC shifts greater responsibility to insolvency p...

Will the absence of these clearances increases the risk of discovering tax liabilities after the dissolution of the company, leading to financial burd...

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PwC strengthens Saas offering with Starling partnership

AP PwC strengthens Saas offering with Starling partnership

3m Rachael Kennedy

PwC strengthens Saas offering with Starling partne...

PwC can offer its clients a range of technology-enabled solutions, delivering high-quality digital banking experiences to customers while also achievi...

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Over two thirds of accountants say AI has had a positive impact on their profession

Skills Over two thirds of accountants say AI has had a positive impact on their profession

3m Rachael Kennedy

Over two thirds of accountants say AI has had a po...

67% of participants predicted that their companies will increase AI investment in 2024 through expanded implementation, partnerships with AI software ...

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IAASB introduces new auditing standard for SMEs

Audit IAASB introduces new auditing standard for SMEs

3m Accountancy Age, Reporters

IAASB introduces new auditing standard for SMEs

Traditionally, smaller businesses have had to navigate auditing standards designed for larger, more complex entities. This new standard offers a more ...

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New HMRC tax rules set to impact online sellers

HMRC New HMRC tax rules set to impact online sellers

3m Rachael Kennedy

New HMRC tax rules set to impact online sellers

From January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...

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Emmanuel Faber secures second term as ISSB Chair

Accounting Standards Emmanuel Faber secures second term as ISSB Chair

3m Accountancy Age, Reporters

Emmanuel Faber secures second term as ISSB Chair

Faber has been outspoken about the EU's approach and reinforces the ISSB's approach of a climate transitioning on the "necessary scale" Read More...

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PwC alters recruitment process to foster diversity and inclusion

Big Four PwC alters recruitment process to foster diversity and inclusion

3m Accountancy Age, Reporters

PwC alters recruitment process to foster diversity...

School leavers and graduates will be able to advance up to a £1000 of their first month’s salary Read More...

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COP28: Accounting bodies call for action on climate-related reporting disclosures

Accounting Standards COP28: Accounting bodies call for action on climate-related reporting disclosures

3m Rachael Kennedy

COP28: Accounting bodies call for action on climat...

Effective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...

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25% of total income and capital gains tax paid by 100,000 taxpayers

Personal Tax 25% of total income and capital gains tax paid by 100,000 taxpayers

3m Accountancy Age, Reporters

25% of total income and capital gains tax paid by ...

HMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...

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BKL merges with CFPro in a move to bolster market position

Mergers And Acquisitions BKL merges with CFPro in a move to bolster market position

3m Accountancy Age, Reporters

BKL merges with CFPro in a move to bolster market ...

BKL, a leading London-based accountancy firm, announced a strategic merger with commercial finance specialists CFPro on December 4. The move is set to...

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The collapse of Wilko: Role of EY and PwC

Audit The collapse of Wilko: Role of EY and PwC

3m Accountancy Age, Reporters

The collapse of Wilko: Role of EY and PwC

The involvement of EY and PwC in this case raises questions about their responsibility and oversight Read More...

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EY's innovative use of AI in detecting audit frauds sparks debate

Audit EY's innovative use of AI in detecting audit frauds sparks debate

3m Accountancy Age, Reporters

EY's innovative use of AI in detecting audit fraud...

EY has implemented artificial intelligence (AI) in its audit processes, leading to the detection of fraudulent activities. Out of the first 10 compani...

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