EY’s Pay Rise Reflects a Changing Partnership Economy
Accounting Firms

EY’s Pay Rise Reflects a Changing Partnership Economy

1m Accountancy Age

EY’s Pay Rise Reflects a Changing Partnership Econ...

EY’s latest results tell a familiar story of contrasts: modest revenue growth, a tougher market for consulting, and yet a near-double-digit rise in pa...

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Wolters Kluwer releases its 2025 Future Ready Accountant report, highlighting key trends in the global tax & accounting industry

Wolters Kluwer releases its 2025 Future Ready Accountant report, highlighti...

2m Zihan Lyu

Wolters Kluwer releases its 2025 Future Ready Acco...

Report reveals surge in artificial intelligence adoption with four in five tax and accounting firms globally planning to increase AI investment and a ...

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Ex-KPMG COO eyes £1bn valuation for his own accountancy firm
Accounting Firms

Ex-KPMG COO eyes £1bn valuation for his own accountancy firm

3m Accountancy Age

Ex-KPMG COO eyes £1bn valuation for his own accoun...

Sumer, the UK accountancy consolidator led by ex-KPMG COO Warren Mead, is exploring a sale targeting £1bn. The group has acquired 34 firms since 2023 ...

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New money laundering threats put accountants on alert
Audit

New money laundering threats put accountants on alert

3m Accountancy Age

New money laundering threats put accountants on al...

The 2025 National Risk Assessment confirms accountancy services remain at high risk of money laundering, but highlights a more complex threat environm...

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Revolut taps EY for 2026 audit after BDO revenue concerns
Accounting Firms

Revolut taps EY for 2026 audit after BDO revenue concerns

4m Accountancy Age

Revolut taps EY for 2026 audit after BDO revenue c...

Revolut has appointed Ernst & Young (EY) as its new global auditor, following a competitive tender process for the financial year ending 31 Decemb...

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Big Four lag behind smaller firms in AI adoption, says ex-EY chair
AI in Accounting

Big Four lag behind smaller firms in AI adoption, says ex-EY chair

4m Accountancy Age

Big Four lag behind smaller firms in AI adoption, ...

Former EY UK chair Hywel Ball highlights the challenges the Big Four face in adopting AI, suggesting that smaller, more agile firms are leading the wa...

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EY and ACCA urge stronger AI checks to bridge trust gaps
Accounting Standards

EY and ACCA urge stronger AI checks to bridge trust gaps

4m Accountancy Age

EY and ACCA urge stronger AI checks to bridge trus...

EY and ACCA have issued joint guidance urging business leaders and policymakers to adopt robust AI assessments to strengthen trust in artificial intel...

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EY summer forecast: early sunshine, weaker growth later
Business

EY summer forecast: early sunshine, weaker growth later

4m Accountancy Age

EY summer forecast: early sunshine, weaker growth ...

The EY ITEM Club’s Summer Forecast has upgraded UK GDP growth for 2025 to 1%, up from 0.8% predicted in April. While the revision reflects a stronger-...

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Gerald Edelman acquires Surrey firm Vista Partners
Accounting Firms

Gerald Edelman acquires Surrey firm Vista Partners

4m Accountancy Age

Gerald Edelman acquires Surrey firm Vista Partners

Accountancy and advisory firm Gerald Edelman has acquired Redhill-based Vista Partners, strengthening its presence across Surrey, Sussex, and the Sout...

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EY faces £2bn lawsuit over “extremely serious” audit failings at NMC Health
Audit

EY faces £2bn lawsuit over “extremely serious” audit failings at NMC Health

7m Accountancy Age

EY faces £2bn lawsuit over “extremely serious” aud...

The UK accounting watchdog has identified “extremely serious” failings in EY’s audits of NMC Health, according to claims aired at the High Court this ...

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Tariffs and uncertainty hold back UK economy, says EY
Brexit & Economy

Tariffs and uncertainty hold back UK economy, says EY

7m Marina Mouka

Tariffs and uncertainty hold back UK economy, says...

The UK economy is set to face significant challenges over the next two years, with the EY Item Club downgrading its forecast for GDP growth to just 0....

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Former EY and PwC execs launch firm to challenge Big Four in UK
Accounting Firms

Former EY and PwC execs launch firm to challenge Big Four in UK

7m Accountancy Age

Former EY and PwC execs launch firm to challenge B...

A new UK-based advisory firm, Unity Advisory, is poised to challenge the Big Four, according to reports from the Financial Times. The firm, led by for...

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Ballards LLP shortlisted for three Tolley’s Taxation Awards 2025
Accounting Firms

Ballards LLP shortlisted for three Tolley’s Taxation Awards 2025

7m Accountancy Age

Ballards LLP shortlisted for three Tolley’s Taxati...

Worcestershire-based accountancy firm Ballards LLP has been shortlisted for three categories at the Tolley’s Taxation Awards 2025. The firm, which ope...

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EY under investigation for role in Post Office audit during crisis period
Accounting Firms

EY under investigation for role in Post Office audit during crisis period

8m Marina Mouka

EY under investigation for role in Post Office aud...

The Financial Reporting Council (FRC) has launched an investigation into EY’s audits of the Post Office, focusing on the period from March 2015 to Mar...

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Q&A: Menzies’ Simon Massey on why audit automation isn’t about replacing people
Accounting Firms

Q&A: Menzies’ Simon Massey on why audit automation isn’t about replacing pe...

8m Marina Mouka

Q&A: Menzies’ Simon Massey on why audit automation...

When Simon Massey became Managing Partner at Menzies three and a half years ago, he didn’t anticipate his role would involve overseeing the introducti...

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EY fined £4.9m for failing to meet standards in Thomas Cook audit
Audit

EY fined £4.9m for failing to meet standards in Thomas Cook audit

8m Marina Mouka

EY fined £4.9m for failing to meet standards in Th...

The Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...

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EY announces AI integration into global Assurance technology platform
AI in Accounting

EY announces AI integration into global Assurance technology platform

8m Accountancy Age

EY announces AI integration into global Assurance ...

EY has launched the next phase of its US$1 billion technology investment, introducing AI-powered capabilities to its global Assurance platform. This m...

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EY names Alison Duncan as first woman UK chair
Accounting Firms

EY names Alison Duncan as first woman UK chair

8m Accountancy Age

EY names Alison Duncan as first woman UK chair

Alison Duncan EY has named Alison Duncan as its next UK chair, subject to a partner vote, marking a significant governance shift and historic leadersh...

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82% of UK workers feed AI copyrighted content, survey finds
AI in Accounting

82% of UK workers feed AI copyrighted content, survey finds

8m Accountancy Age

82% of UK workers feed AI copyrighted content, sur...

82% of employees use external material in generative AI tools, CLA warns Read More...

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Q&A: Affinia’s growth journey - A new challenger in UK accountancy
Accounting Firms

Q&A: Affinia’s growth journey - A new challenger in UK accountancy

8m Marina Mouka

Q&A: Affinia’s growth journey - A new challenger i...

An executive interview with Darren Redmayne, CEO, and Chris Annis, CCO of Affinia. Read More...

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EY and AuditBoard launch UK Centre of Excellence for risk and compliance
Accounting Firms

EY and AuditBoard launch UK Centre of Excellence for risk and compliance

8m Accountancy Age

EY and AuditBoard launch UK Centre of Excellence f...

AuditBoard has expanded its strategic alliance with EY, introducing a Centre of Excellence in the UK to support organisations as they modernise risk m...

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EY axes 30 partners in biggest executive purge in decades
Big Four

EY axes 30 partners in biggest executive purge in decades

9m Accountancy Age

EY axes 30 partners in biggest executive purge in ...

Ernst & Young (EY) is set to implement one of its most substantial partner redundancy initiatives in decades, aiming to safeguard profitability am...

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MHA eyes London AIM listing with ambitious growth plans
Accounting Firms

MHA eyes London AIM listing with ambitious growth plans

9m Marina Mouka

MHA eyes London AIM listing with ambitious growth ...

MHA, one of the UK’s fastest-growing accountancy firms, has announced plans to list on AIM, the London Stock Exchange’s growth market, with a fundrais...

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PwC leads FTSE as PKF Littlejohn eyes top spot in AIM auditor rankings
Accounting Firms

PwC leads FTSE as PKF Littlejohn eyes top spot in AIM auditor rankings

9m Accountancy Age

PwC leads FTSE as PKF Littlejohn eyes top spot in ...

As UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...

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Q&A: Inside EY’s $1B innovation journey with Marc Jeschonneck and Paul Goodhew
AI in Accounting

Q&A: Inside EY’s $1B innovation journey with Marc Jeschonneck and Paul Good...

10m Marina Mouka

Q&A: Inside EY’s $1B innovation journey with Marc ...

EY’s Marc Jeschonneck and Paul Goodhew reveal how generative AI and innovation are reshaping the future of auditing. Read More...

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EY appoints Martina Keane as UK & Ireland Financial Services Leader

EY appoints Martina Keane as UK & Ireland Financial Services Leader

12m Rachael King

EY appoints Martina Keane as UK & Ireland Financia...

LONDON, TUESDAY 10TH DECEMBER 2024: EY has today appointed Martina Keane as its new UK & Ireland Financial Services Leader, effective 1 January 20...

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Budget Snapshot: The green agenda that looks beyond the tax breaks
Budget

Budget Snapshot: The green agenda that looks beyond the tax breaks

1y Accountancy Age

Budget Snapshot: The green agenda that looks beyon...

The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed towards green investment initia...

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EY eyes joint venture for UK legal arm amid cost cuts
Accounting Firms

EY eyes joint venture for UK legal arm amid cost cuts

1y Accountancy Age

EY eyes joint venture for UK legal arm amid cost c...

In a significant shift, EY is reportedly exploring a joint venture for its UK legal business as it grapples with economic pressures and an evolving st...

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