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

UK and Switzerland enhance ties with mutual recognition of audit qualificat...

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

4m 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

4m 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 ce...

4m 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

4m 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 pr...

4m 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

4m 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

4m 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

4m 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

4m 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 discl...

4m 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

4m 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

4m 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

4m 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

4m 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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Can the FCA's new Sustainability Disclosure Requirements usher in a new era of responsibility?
ESG

Can the FCA's new Sustainability Disclosure Requirements usher in a new era...

4m Accountancy Age , Reporters

Can the FCA's new Sustainability Disclosure Requir...

As COP28 gets underway, the FCA's new rules are a significant step towards greater transparency and consumer protection in the sustainable investment ...

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Kaye Adams defeat of HMRC should set IR35 precedent
Brexit & Economy

Kaye Adams defeat of HMRC should set IR35 precedent

4m Accountancy Age , Reporters

Kaye Adams defeat of HMRC should set IR35 preceden...

Landmark victory for UK freelancers as media Presenter Kaye Adams wins nine-year IR35 case against HMRC Read More...

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Accountancy people moves: November 2023
Company News

Accountancy people moves: November 2023

4m Rachael King

Accountancy people moves: November 2023

KPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...

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Revolut considers auditor change amid UK banking license challenges
Audit

Revolut considers auditor change amid UK banking license challenges

4m Accountancy Age , Reporters

Revolut considers auditor change amid UK banking l...

Fintech giant considers dropping BDO following audit report in order to obtain clean bill of health from PRA Read More...

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HMRC launches campaign targeting crypto tax evaders
Digital assets

HMRC launches campaign targeting crypto tax evaders

4m Accountancy Age , Reporters

HMRC launches campaign targeting crypto tax evader...

It 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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Ensuring performance reviews are aligned with strategy
Career

Ensuring performance reviews are aligned with strategy

4m Accountancy Age , Reporters

Ensuring performance reviews are aligned with stra...

Discover why transforming performance reviews into strategic endeavours is not just a choice, but a necessity Read More...

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End-of-year reflections: The value of cash flow statements
Business

End-of-year reflections: The value of cash flow statements

4m Accountancy Age , Reporters

End-of-year reflections: The value of cash flow st...

By deepening the understanding of their components, addressing challenges with precision, harnessing advanced analytical techniques, staying abreast o...

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Master the art of end-of-year prep for Limited Company clients
Business

Master the art of end-of-year prep for Limited Company clients

4m Accountancy Age , Reporters

Master the art of end-of-year prep for Limited Com...

Discover the critical aspects of end-of-year preparation for accountants managing limited company clients, from tax planning to compliance and effecti...

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Transformation Framework: Shifting to a consultancy model
Consulting

Transformation Framework: Shifting to a consultancy model

4m Accountancy Age , Reporters

Transformation Framework: Shifting to a consultanc...

This framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...

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HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

4m Accountancy Age , Reporters

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

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Climate risk analysis must be part of the audit process
CSR

Climate risk analysis must be part of the audit process

4m Accountancy Age , Reporters

Climate risk analysis must be part of the audit pr...

Incorporating climate risks into audit processes is not only a regulatory requirement but also a business imperative Read More...

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Accountants as CFOs: A recipe for success?
Career

Accountants as CFOs: A recipe for success?

4m Accountancy Age , Reporters

Accountants as CFOs: A recipe for success?

By undertaking additional training, gaining practical work experience, and developing leadership skills, accountants can successfully transition to th...

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