Demand for audit skills exceeding supply
In response to changes in the audit environment, the profession contracted. There is now a gap between supply and demand, with the demand for audit skills far exceeding the supply
Increased government spending partly offset by high tax revenue
Government spending this tax year to date has surpassed forecasts, and debt continues to rise, but this is partly allayed by increased tax revenues
EY names new Global Family Business leader
Marnix van Rij has been appointed EY Global Family Business Leader while Helena Robertsson has been named EY Family Business Leader for EMEIA
Are you prepared for the £1 changeover?
With less than three months left before the old round pound coin loses its legal tender status, The Royal Mint and HM Treasury are urging accountants to prepare for the 12-sided pound coin
5 reasons not to overlook the Common Reporting Standard
Helen Thornley from ATT looks at the reasons why accountants should pay more heed to the Common Reporting Standard
Ukraine central bank removes PwC’s bank auditing rights
The National Bank of Ukraine came to this decision following PwC's failure to identify improper activities of PrivatBank
NAO takes over from EY as BBC auditor
In its annual report the BBC has confirmed that the National Audit Office (NAO) will become their external auditors for the financial year 2017-2018, taking over from EY
RSM appoints audit partner
The audit, tax and consulting firm, has appointed Kevin Harris as an audit partner in its Leicester office
OTS report: Corporation tax should follow accounts
The report suggests a wide range of reforms focussed on bringing together corporation tax and accounts, including creating five year roadmap for CT reform to align with MTD
DFK International appoints new president
The global accountancy association has appointed Roland Graf as its new president
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EY hired by Carillion to review finances
This strategic review comes a week after the troubled construction group revealed it was battling with rising debt, deteriorating cash flows and writedowns of £845m
Grant Thornton appoints new independent non-executive director
Grant Thornton has appointed Imogen Joss as independent non-executive director, replacing Caroline Goodall who stepped down on 30 June 2017
Industry reaction: Taylor Review does not go far enough in addressing tax issues
While supportive of suggestions to afford gig economy workers more rights and protections, industry reaction suggests more tax reform is needed for meaningful change
Less than a third of UK businesses have made formal Brexit plans
Research by ICAEW reveals that less than one third of UK businesses have made formal Brexit plans and less than half have had meetings discussing Brexit
Deloitte appoints new head of private client services
Nicola Roberts has been appointed as head of private client services, effective July 2017
Making Tax Digital delayed to 2020 at the earliest for taxes other than VAT
The government announces reformed MTD timetable and when to expect the Summer Finance Bill
Nicky Morgan elected Chair of the Treasury Committee
Nicky Morgan has been elected Chair of the Treasury Committee, beating staunchly pro-Brexit MP Jacob Rees-Mogg
EY appoints 63 new partners
EY has appointed 63 new equity partners to its UK offices. Of these, 34 are internally promoted partners while 29 are direct entry partners
