HMRC'S annual report is out - Here's what you need to know
HMRC

HMRC'S annual report is out - Here's what you need to know

2y Accountancy Age

HMRC'S annual report is out - Here's what you need...

Accountants are no strangers to poring over lengthy financial documents and annual reports. However, even the most seasoned professionals can benefit ...

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Confidence among global accountants rises again in Q2 2024, despite a big drop in sentiment in the US
Economy

Confidence among global accountants rises again in Q2 2024, despite a big d...

2y Jonathan Ashworth, Chief Economist, ACCA

Confidence among global accountants rises again in...

The ACCA and IMA Global Economic Conditions Survey (GECS) suggests that global confidence among accountants and finance professionals improved slightl...

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The Draft Audit Reform and Corporate Governance Bill – landmark legislation in the making?
Accounting Standards

The Draft Audit Reform and Corporate Governance Bill – landmark legislation...

2y Claudine Morgan, Legal Director and Hannah Gornall, Associate at law firm Charles Russell Speechlys

The Draft Audit Reform and Corporate Governance Bi...

Amongst the 40 laws the government announced in the King’s Speech on 17th July 2024, a draft Audit Reform and Corporate Governance Bill (the Bill) was...

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Reeve's Fiscal Statement: Key takeaways
Budget

Reeve's Fiscal Statement: Key takeaways

2y Accountancy Age

Reeve's Fiscal Statement: Key takeaways

Rachel Reeves, in her first fiscal statement as Chancellor, has painted a challenging picture of the UK’s public finances, revealing significant...

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KPMG integrates AI into smart audit platform
AI in Accounting

KPMG integrates AI into smart audit platform

2y Accountancy Age

KPMG integrates AI into smart audit platform

KPMG International has announced the integration of generative AI into its global smart audit platform, KPMG Clara. This move, announced on July 29, 2...

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Is R&D tax relief entering a new era?
R&D

Is R&D tax relief entering a new era?

2y Rory Fothergill

Is R&D tax relief entering a new era?

The last couple of years has seen monumental changes within the R&D tax relief world.  We are currently in an era where depending on when a compan...

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New superfund guidance reshapes UK pension management
Business Regulation

New superfund guidance reshapes UK pension management

2y Accountancy Age

New superfund guidance reshapes UK pension managem...

The UK’s Pensions Regulator (TPR) has unveiled updated guidance for superfunds, introducing pivotal changes that accountants and financial plann...

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Navigating R&D tax credit claims in the software development world
Opinion Blog

Navigating R&D tax credit claims in the software development world

2y Mark Graves, Partner in the Innovation Tax team

Navigating R&D tax credit claims in the software d...

Originally set up to be a generous scheme to position UK companies at the forefront of innovation, Research & Development Tax Relief is one of HMR...

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WATCH 35 under 35: Is AI and automation all that it cracks up to be?
35 under 35

WATCH 35 under 35: Is AI and automation all that it cracks up to be?

2y Rachael Kennedy

WATCH 35 under 35: Is AI and automation all that i...

It’s coming for your jobs. It will make accountants obselete. But not auditors because there is too much regulation. The arrival of more sophist...

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MHA announce record 2024 revenues up by nearly 30%
Accounting Firms

MHA announce record 2024 revenues up by nearly 30%

2y Accountancy Age

MHA announce record 2024 revenues up by nearly 30%

MHA, the UK and Ireland member of Baker Tilly International, has released a comprehensive overview of their financial performance for the first time. ...

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Audit reform back on the agenda, but ‘the devil will be in the detail’
Audit

Audit reform back on the agenda, but ‘the devil will be in the detail’

2y Paul Brehony, partner at Signature Litigation LLP

Audit reform back on the agenda, but ‘the devil wi...

When King Charles delivered the first King’s speech for more than 70 years last November, there was palpable frustration across the accounting profess...

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Could ISSB reporting mandates arrive sooner than first thought?
Accounting Standards

Could ISSB reporting mandates arrive sooner than first thought?

2y Accountancy Age

Could ISSB reporting mandates arrive sooner than f...

As the global push for sustainable finance intensifies, UK businesses may need to prepare for mandatory International Sustainability Standards Board (...

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Biofuel Carbon Accounting Report could signal shift in carbon auditing practices
Accounting Standards

Biofuel Carbon Accounting Report could signal shift in carbon auditing prac...

2y Accountancy Age

Biofuel Carbon Accounting Report could signal shif...

A recent International Energy Agency (IEA) report on carbon accounting for sustainable biofuels could herald significant changes in auditing practices...

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AI adoption in UK accounting could add £2bn to economy, create 20,000 jobs
AI in Accounting

AI adoption in UK accounting could add £2bn to economy, create 20,000 jobs

2y Accountancy Age

AI adoption in UK accounting could add £2bn to eco...

A new study reveals that widespread adoption of artificial intelligence (AI) in UK accounting practices could significantly boost the nation’s e...

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The accounting behind Pret A Manger's subscription overhaul
Business

The accounting behind Pret A Manger's subscription overhaul

2y Accountancy Age

The accounting behind Pret A Manger's subscription...

Pret A Manger, the popular UK-based food and coffee chain, recently announced significant changes to its subscription model, Club Pret. This decision ...

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Chair appointed at Centre for Public Interest Audit following announcement of incorporation
Audit

Chair appointed at Centre for Public Interest Audit following announcement ...

2y Accountancy Age

Chair appointed at Centre for Public Interest Audi...

The Centre for Public Interest Audit (CPIA), a new organisation that will bring together auditors from across the profession to shape best practice an...

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WATCH 35 under 35: Does an accountants reality match the inspiration?
35 under 35

WATCH 35 under 35: Does an accountants reality match the inspiration?

2y Rachael Kennedy

WATCH 35 under 35: Does an accountants reality mat...

In the first part of our new video series, we sat down with some of our 35 under 35 winners for 2024 to understand why they entered the profession and...

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Where can you help reduce the cost to serve?
AI in Accounting

Where can you help reduce the cost to serve?

2y Accountancy Age

Where can you help reduce the cost to serve?

The adoption of emerging technologies is no longer a bold enough measure to stand out in financial services. AI integration is widely perceived as the...

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Most accountants still underprepared for tech shift
Opinion Blog

Most accountants still underprepared for tech shift

2y Institute of Financial Accountants

Most accountants still underprepared for tech shif...

The latest member survey* from the Institute of Financial Accountants (IFA) has shown that there is still a gap in technology skills to address the di...

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Grant Thornton's transatlantic ambitions could result in a merger
Mergers And Acquisitions

Grant Thornton's transatlantic ambitions could result in a merger

2y Accountancy Age

Grant Thornton's transatlantic ambitions could res...

Grant Thornton is  reportedly exploring a plan to unify its US and UK/Irish operations through a potential three-way merger. Earlier this year, Grant ...

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Q&A: EY's Marna Ricker on the promise of quantum computing for tax
AI in Accounting

Q&A: EY's Marna Ricker on the promise of quantum computing for tax

2y Rachael Kennedy

Q&A: EY's Marna Ricker on the promise of quantum c...

The concept of quantum computing was first introduced by Richard Feynman in 1959 during his renowned lecture “There’s Plenty of Room at the Bott...

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Labour government full speed ahead on audit reform
Audit

Labour government full speed ahead on audit reform

2y Accountancy Age

Labour government full speed ahead on audit reform

The recent King’s Speech has unveiled a raft of legislative proposals set to significantly reshape the landscape for accountants and auditors ac...

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Green is the new black, at least for accountants
CSR

Green is the new black, at least for accountants

2y Accountancy Age

Green is the new black, at least for accountants

The world is going green, and finance is no exception. As businesses and investors increasingly prioritize sustainability, there’s a growing dem...

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Will HMRC digital services get to where they need to be?
Brexit & Economy

Will HMRC digital services get to where they need to be?

2y Caroline Miskin, Senior Technical Manager Digital Taxation, ICAEW

Will HMRC digital services get to where they need ...

HMRC service performance has been a hot topic for some time and has received considerable attention in mainstream media, at parliamentary committees a...

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How the accounting role changes with AI development
Opinion Blog

How the accounting role changes with AI development

2y Maria Sigacheva, Indirect Tax Manager, Glencore

How the accounting role changes with AI developmen...

Accounting technology is continuously adapting and evolving to comply with changes in tax legal regulations and reporting obligations to stakeholders....

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Pass rates announced for June 2024 ACCA exam sitting
ACCA

Pass rates announced for June 2024 ACCA exam sitting

2y Accountancy Age

Pass rates announced for June 2024 ACCA exam sitti...

Pass rates have been announced by ACCA (the Association of Chartered Certified Accountants) for students who sat their exams in June 2024. 107,506 ent...

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Learning from MHA's £200k audit error
Accounting Standards

Learning from MHA's £200k audit error

2y Accountancy Age

Learning from MHA's £200k audit error

The Financial Reporting Council (FRC) recently imposed significant sanctions on MacIntyre Hudson LLP (MHA) and two of its auditors. The case, revolvin...

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