Accountancy Age's Top 10 Stories of 2024

Why talent retention tops the agenda for UK accoun...

Discover why talent retention is the top challenge for UK accountancy firms and how they’re adapting to thrive in 2025 and beyond Read More...

Striking the balance between functional excellence...

In today's intricate business landscape, making sound decisions demands more than just cascading directives from the top. It requires carefully though...

Sector Spotlight: What does the Budget mean for th...

As we step into 2025, the effects of the Autumn Budget 2024 will start to take shape, leaving businesses in the Pharma and Life Sciences sector grappl...

Growing web of complex ESG regulations will fundam...

Environmental, Social, and Governance (ESG) regulations are rapidly evolving worldwide, demanding greater accountability from businesses to monitor an...

PE wins the heart of Grant Thornton UK

Grant Thornton UK has agreed to sell a majority stake to private equity firm Cinven in a landmark deal for the UK accounting sector, marking the most ...

Finance and accounting sector set for hiring surge...

A significant expansion in finance and accounting recruitment is expected for 2025, with more than half of hiring managers planning to increase their ...

Forvis Mazars announces new UK CEO

Forvis Mazars has today (Nov 18) announced James Gilbey as its next UK CEO, following a vote by the firm’s UK Partners.  Effective 15 February 2025, G...

Internal auditors 'flying blind' on AI risks - rep...

A major disconnect between artificial intelligence (AI) understanding and risk assessment has been unveiled in a comprehensive new report examining th...

UK Government announces permanent business rates c...

To fund this sustainably, the top one percent of high-value properties, such as large warehouses used by online giants will be asked to pay more to su...

5 ways your practice can prepare for MTD

While the upcoming MTD for Income Tax (MTDfIT) mandation (currently scheduled for April 2026) may be a worry, there’s plenty of time to get your clien...

Why are only 20% of businesses prepared for climat...

A new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...

KPMG cuts 4% of US audit staff amid industry wide ...

KPMG has announced a reduction of approximately 330 positions from its US audit practice, representing nearly 4% of its 9,000-person audit workforce, ...

Budget Focus: MTD ITSA expands to sold traders and...

In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...

Budget Focus: Do we really need 1800 new HMRC debt...

The UK Autumn Budget of 2024 has sharpened the focus on reducing the tax gap by amplifying both financial pressure on overdue tax payments and enforce...

Green is the new black - UHY unveils new brand ide...

National accountancy group UHY Hacker Young has unveiled its new brand identity. The rebrand  is part of the global brand refresh of the UHY Internati...

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...

ICAEW reveals major overhaul to ACA Qualification ...

The Institute of Chartered Accountants in England and Wales (ICAEW) has announced updates to its ACA qualification, representing the most significant ...

Over half of accountants call for tax reforms to s...

Accountants are calling on the new Labour government to provide more support for UK small businesses by introducing legislative reforms and simplifyin...

Navigating the new reality of climate risk

In 2008, the financial crisis sent shockwaves through global markets, with companies scrambling to shore up their balance sheets and rethink how they ...

Taxpayers spent over 700 years on hold with HMRC a...

Taxpayers in the UK collectively spent more than 719 years on the phone waiting to speak with HM Revenue and Customs (HMRC) in the year ending June 30...

Can we really trust AI when it comes to accounting...

In Isaac Asimov’s I, Robot, the famous “Three Laws of Robotics” were meant to safeguard humanity from the potential perils of AI, ensuring machines wo...

Mastering your career after 35

Participating in the panel discussion ‘A Career Beyond 35’ last week, got me thinking. Could the advice the assembled experts gave be summarised in fi...

Accountancy people moves: September 2024

Each month, Accountancy Age delivers a comprehensive update on the key people moves and promotions that have taken place among the UK accountancy mark...

Q&A: Xeinadin's CEO Derry Crowley on the firm's 27...

On September 30, Xeinadin announced it’s 27th acquisition within two years. The professional service firm acquired three Haines Watts offices in...

Where will AI increase our contextual intelligence...

Artificial Intelligence has moved beyond the realm of science fiction and into the heart of financial operations. The accounting industry has witnesse...

Surprise! Accountants are leading on AI advisory

ACCA research found 56% of interviewees said they had an advisory role in adopting AI, and 20% said they were the strategic owners. Read More...