Global and European accounting bodies unite on tech and ESG standards
Accounting Standards

Global and European accounting bodies unite on tech and ESG standards

2m Accountancy Age

Global and European accounting bodies unite on tec...

A consortium of global and European accounting organizations is joining forces to address two major challenges facing the profession: the integration ...

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Accountancy people moves: February 2025
Company News

Accountancy people moves: February 2025

2m Accountancy Age

Accountancy people moves: February 2025

Each month, Accountancy Age delivers a comprehensive update on the key people moves and promotions among the UK accountancy market’s top firms. In Mar...

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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

2m 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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Brussels retreats on ESG rules—80% of firms to skip mandatory reporting
Corporate Governance

Brussels retreats on ESG rules—80% of firms to skip mandatory reporting

2m Marina Mouka

Brussels retreats on ESG rules—80% of firms to ski...

The European Commission has unveiled sweeping changes to sustainability reporting requirements under its Omnibus Simplification Package, a move that w...

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Grant Thornton launches new advisory service for fast-growth businesses
Corporate Finance

Grant Thornton launches new advisory service for fast-growth businesses

2m Marina Mouka

Grant Thornton launches new advisory service for f...

Grant Thornton UK LLP has launched a new national Entrepreneurial and SME Services team to support fast-growing businesses and startups with tailored ...

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AAT appoints Sir Stephen Hillier as Board Chair
Company News

AAT appoints Sir Stephen Hillier as Board Chair

2m Accountancy Age

AAT appoints Sir Stephen Hillier as Board Chair

The Association of Accounting Technicians (AAT) has named Sir Stephen Hillier as its inaugural Board Chair, a move that signals a sweeping overhaul of...

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UK finance has lost 10,000 firms since 2020, study shows
Brexit & Economy

UK finance has lost 10,000 firms since 2020, study shows

2m Accountancy Age

UK finance has lost 10,000 firms since 2020, study...

The UK’s financial sector has contracted significantly since 2020, with nearly 10,000 firms disappearing in just four years, according to new data fro...

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Forvis Mazars announces new UK Executive team
Accounting Firms

Forvis Mazars announces new UK Executive team

2m Accountancy Age

Forvis Mazars announces new UK Executive team

Forvis Mazars has announced a new Executive team to lead its UK operations, with five new appointments joining CEO James Gilbey’s leadership group. Th...

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Moore Global reports record revenues following private equity investment
Accounting Firms

Moore Global reports record revenues following private equity investment

2m Accountancy Age

Moore Global reports record revenues following pri...

Moore Global, a leading accountancy network, reported record revenues of $5.1 billion in 2024, marking a 13% increase from the previous year. The firm...

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Unlocking productivity: the evolving role of the CFO
Corporate Finance

Unlocking productivity: the evolving role of the CFO

2m Irena Teneva, AICPA & CIMA

Unlocking productivity: the evolving role of the C...

Understanding what drives productivity is crucial to economic growth, innovation, and living standards, making all of us stakeholders in the efforts t...

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Bank of England cuts interest rates, again
Corporate Finance

Bank of England cuts interest rates, again

2m Accountancy Age

Bank of England cuts interest rates, again

The Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its thi...

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Grant Thornton invests £1M in data and digital training
Grant Thornton

Grant Thornton invests £1M in data and digital training

3m Accountancy Age

Grant Thornton invests £1M in data and digital tra...

Grant Thornton UK LLP has announced a £1 million investment in a business transformation programme designed to embed a data-driven, digital mindset ac...

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Baker Tilly International announces record revenues
Accounting Firms

Baker Tilly International announces record revenues

3m Accountancy Age

Baker Tilly International announces record revenue...

Baker Tilly International has today announced record global revenues of $5.62bn for the year ended 31 December 2024, marking a 9% increase from the pr...

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The UK economy in 2025: Resilient or running on empty?
2025 Predictions

The UK economy in 2025: Resilient or running on empty?

3m Marina Mouka

The UK economy in 2025: Resilient or running on em...

The UK has entered 2025 at a crossroads. While global growth is set to continue at a modest pace, Britain faces a far more delicate balancing act. Wit...

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Climate reporting demand catches 67% of accountants off guard
Accounting Standards

Climate reporting demand catches 67% of accountants off guard

3m Accountancy Age

Climate reporting demand catches 67% of accountant...

As the climate crisis accelerates, the world is shifting towards transparency in carbon emissions. With mandatory climate reporting set to impact an e...

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Lessons worth carrying into 2025
2025 Predictions

Lessons worth carrying into 2025

3m Institute of Financial Accountants

Lessons worth carrying into 2025

As the dust settles on 2024, Jonathan Barber, Executive Director – UK of the Institute of Financial Accountants (IFA), reflects on a year shaped by po...

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IASB amends IFRS 9 and IFRS 7 for renewable electricity contracts
Accounting Standards

IASB amends IFRS 9 and IFRS 7 for renewable electricity contracts

3m Accountancy Age

IASB amends IFRS 9 and IFRS 7 for renewable electr...

The International Accounting Standards Board (IASB) has introduced targeted amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instrument...

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Navigating a new era of corporate reporting
Corporate Governance

Navigating a new era of corporate reporting

3m David Hackett, AICPA & CIMA

Navigating a new era of corporate reporting

Corporate reporting is rapidly evolving, with numerous new standards and requirements being established to guide companies towards more responsible an...

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Q&A: Gerald Edelman's Carl Lundberg on making B-Corp add up
Accounting Firms

Q&A: Gerald Edelman's Carl Lundberg on making B-Corp add up

4m Rachael Kennedy

Q&A: Gerald Edelman's Carl Lundberg on making B-Co...

From Tony's Chocolonely at the Christmas party to tough conversations about business class flights - how this 78-year-old accounting firm transformed ...

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ICAS celebrates 170 years as the world’s oldest accountancy body
Company News

ICAS celebrates 170 years as the world’s oldest accountancy body

4m Accountancy Age

ICAS celebrates 170 years as the world’s oldest ac...

The Institute of Chartered Accountants of Scotland (ICAS) is marking its 170th anniversary this month, celebrating its role as the world’s oldest prof...

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UK accountancy sees double deal action with Cinven and IK Partners
Accounting Firms

UK accountancy sees double deal action with Cinven and IK Partners

4m Marina Mouka

UK accountancy sees double deal action with Cinven...

Two major private equity deals have been announced in the UK accountancy sector, with Cinven and IK Partners making significant investments in Grant T...

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Inside Macy's $151 million accounting error
Business Regulation

Inside Macy's $151 million accounting error

4m Rachael Kennedy

Inside Macy's $151 million accounting error

Macy’s, the iconic retail giant, recently disclosed a significant accounting misstatement involving $151 million in cumulative delivery expenses, span...

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Striking the balance between functional excellence and strategic execution
Corporate Finance

Striking the balance between functional excellence and strategic execution

4m Peter Spence, AICPA & CIMA

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...

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Exit planning – why only self-sufficient businesses survive
Business

Exit planning – why only self-sufficient businesses survive

4m Shaun Barton, Company Closure

Exit planning – why only self-sufficient businesse...

Exit strategies only ultimately work when a business can continue operating without its proprietor. Shaun Barton, a corporate finance and insolvency s...

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Accountancy people moves: November 2024
Company News

Accountancy people moves: November 2024

5m Accountancy Age

Accountancy people moves: November 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...

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Business Distress Index – what are the latest insolvency trends?
Business

Business Distress Index – what are the latest insolvency trends?

5m Chris Bristow

Business Distress Index – what are the latest inso...

The Business Distress Index for Q3 2024 from Real Business Rescue investigates how small-to-medium sized companies across England, Scotland, and North...

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Are you ready for the FRS 102 shake-up?
Accounting Firms

Are you ready for the FRS 102 shake-up?

5m Rachael Kennedy

Are you ready for the FRS 102 shake-up?

The forthcoming amendments to FRS 102 represent one of the most significant changes to lease accounting in years. Effective from January 2026, these u...

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