Deloitte announces scale back of regional deal advisory services

Big Four Deloitte announces scale back of regional deal advisory services

17h Accountancy Age, Reporters

Deloitte announces scale back of regional deal adv...

Following a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...

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Diversity and inclusion critical to tackling financial talent shortage

Business Diversity and inclusion critical to tackling financial talent shortage

2d Accountancy Age, Reporters

Diversity and inclusion critical to tackling finan...

While diversity and inclusion (DE&I) strategies are nothing new, they have risen in importance amongst financial talent when it comes to choosing a pl...

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75% of independent hospitality businesses say a VAT cut is vital to their survival

Tax 75% of independent hospitality businesses say a VAT cut is vital to their survival

5d Accountancy Age, Reporters

75% of independent hospitality businesses say a VA...

The UK Treasury must act now to prevent the avoidable damage that is being done to small and micro businesses by acute inflationary pressures across t...

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PwC announces launch of new Cambridge-based digital accelerator

Big Four PwC announces launch of new Cambridge-based digital accelerator

5d Accountancy Age, Reporters

PwC announces launch of new Cambridge-based digita...

PwC Cambridge launched a new digital accelerator – a 12-week Innovation Programme supported by Multinational Corporations collaborating with tec...

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PwC launches AI assistant tool for tax services

Big Four PwC launches AI assistant tool for tax services

6d Accountancy Age, Reporters

PwC launches AI assistant tool for tax services

The tax AI assistant tool cross references and has been trained on case law, legislation and other underlying sources, together with PwC UK’s own IP R...

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HM Treasury adds uncertainty on AML reform

HMRC HM Treasury adds uncertainty on AML reform

1w Accountancy Age, Reporters

HM Treasury adds uncertainty on AML reform

HM Treasury’s response to questions posed by the Association of Accounting Technicians (AAT) regarding proposed reforms to anti-money laundering...

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Slowing client demand stems promotions at PwC

Audit Slowing client demand stems promotions at PwC

1w Accountancy Age, Reporters

Slowing client demand stems promotions at PwC

PwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...

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The rise and fall of EY's Project Everest

Big Four The rise and fall of EY's Project Everest

1w Accountancy Age, Reporters

The rise and fall of EY's Project Everest

EY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...

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Can AI eliminate audit scheduling headaches?

Audit Can AI eliminate audit scheduling headaches?

1w Accountancy Age, Reporters

Can AI eliminate audit scheduling headaches?

Traditionally, audit schedules have been prepared manually, consuming significant time and resources. However, with the advancements in Artificial Int...

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HMRC collects £1bn in unpaid tax from landfill tax investigations  

HMRC HMRC collects £1bn in unpaid tax from landfill tax investigations  

2w Accountancy Age, Reporters

HMRC collects £1bn in unpaid tax from landfill tax...

  HMRC has collected £1bn in extra revenue from investigations into underpaid landfill tax over the past 5 years, with £281m collected in the las...

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Baker Tilly International announces record growth

Accounting Firms Baker Tilly International announces record growth

2w Accountancy Age, Reporters

Baker Tilly International announces record growth

Baker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...

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Betting on technology is a big risk if the strategy is not right

Technology Betting on technology is a big risk if the strategy is not right

2w Accountancy Age, Reporters

Betting on technology is a big risk if the strateg...

Accounting practices should adopt a holistic approach that puts sound strategy before digitisation Read More...

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PwC reports UK M&A activity falls by almost a fifth in 2023

Mergers And Acquisitions PwC reports UK M&A activity falls by almost a fifth in 2023

2w Accountancy Age, Reporters

PwC reports UK M&A activity falls by almost a fift...

Analysis shows that while the majority of UK deals in 2023 were led by corporates, the number of deals involving private equity reached its highest le...

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SME's struggle to recruit apprentices due to high costs, BDO report reveals

Business SME's struggle to recruit apprentices due to high costs, BDO report reveals

2w Accountancy Age, Reporters

SME's struggle to recruit apprentices due to high ...

Ending the skills crisis is the top priority for businesses ahead of a general election, but BDO's research shows there are huge regional disparities ...

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Assessing the expected lifespan of technology can boost earnings and reduce costs - here's how

Digital assets Assessing the expected lifespan of technology can boost earnings and reduce costs - here's how

2w Accountancy Age, Reporters

Assessing the expected lifespan of technology can ...

Big Tech companies have boosted profits by extending their servers' estimated life, reducing depreciation charges. However, overestimation can lead to...

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FRC seeks to break down barriers to competition in UK audit market

Audit FRC seeks to break down barriers to competition in UK audit market

2w Accountancy Age, Reporters

FRC seeks to break down barriers to competition in...

The FRC is promoting initiatives to foster a more competitive market, following recent high-profile accounting scandals. Read More...

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To buy or not to buy? That is the technical question

Technology To buy or not to buy? That is the technical question

3w Accountancy Age, Reporters

To buy or not to buy? That is the technical questi...

While in-house tech can offer tailored solutions and a competitive edge, market solutions provide access to advanced technology without significant in...

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Why 'numbers people' need better people skills

Skills Why 'numbers people' need better people skills

3w Accountancy Age, Reporters

Why 'numbers people' need better people skills

Mastering communication skills is crucial for young accountants, not just for presenting numbers but explaining their implications. This can be achiev...

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R&D tax changes risk deterring business investment, Lords report warns

HMRC R&D tax changes risk deterring business investment, Lords report warns

3w Accountancy Age, Reporters

R&D tax changes risk deterring business investment...

The House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...

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9 Use Cases of AI in Accounts Payable Operations

AP 9 Use Cases of AI in Accounts Payable Operations

3w Accountancy Age, Reporters

9 Use Cases of AI in Accounts Payable Operations

In the current dynamic business environment, finance departments are constantly grappling with the management of large volumes of invoices, expense re...

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Hurst launches leadership development program

Skills Hurst launches leadership development program

3w Accountancy Age, Reporters

Hurst launches leadership development program

One of the UK’s leading independent accounting firms have launched a new leadership development program for members of its team. Hurst is first ...

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EY's resignation as Asda's auditor highlights importance of personal compliance

Audit EY's resignation as Asda's auditor highlights importance of personal compliance

3w Accountancy Age, Reporters

EY's resignation as Asda's auditor highlights impo...

On January 27, it was reported EY had quit as auditor to Asda amid one of its senior partners starting a romantic relationship with billionaire chief ...

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IESBA floats stricter ESG reporting standards for review

Accounting Standards IESBA floats stricter ESG reporting standards for review

3w Accountancy Age, Reporters

IESBA floats stricter ESG reporting standards for ...

The creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...

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Begbies Trainor report says 47,000 UK businesses are at risk of collapse

Brexit & Economy Begbies Trainor report says 47,000 UK businesses are at risk of collapse

3w Accountancy Age, Reporters

Begbies Trainor report says 47,000 UK businesses a...

The construction and property sectors, among others, bear the brunt of the crisis. Urgent measures are necessary to alleviate the burden of debt and f...

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Accountancy and finance sector remains resilient with 4.2% increase in salary

Talent Accountancy and finance sector remains resilient with 4.2% increase in salary

3w Accountancy Age, Reporters

Accountancy and finance sector remains resilient w...

Large regional disparities remain in salaries across the UK, but in general, wages are on the rise. The cost of living is the greatest concern for tho...

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Research shows a significant increase in HMRC tax investigations – now a quarter of a million opened per year

Tax Research shows a significant increase in HMRC tax investigations – now a quarter of a million opened per year

4w Accountancy Age, Reporters

Research shows a significant increase in HMRC tax ...

HMRC tax investigations into individuals and small businesses have increased in the last year from 232,000 in 2021/22 to 248,000 in 2022/23*, accordin...

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Ensuring compliance with the ICAEW's new CPD requirements

Uncategorized Ensuring compliance with the ICAEW's new CPD requirements

4w Accountancy Age, Reporters

Ensuring compliance with the ICAEW's new CPD requi...

The ICAEW now requires a minimum number of CPD training hours annually, with at least 1 hour of ethics training. Read More...

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