Interest in PE among mid-market firms is on the rise
Accounting Firms

Interest in PE among mid-market firms is on the rise

6d Accountancy Age

Interest in PE among mid-market firms is on the ri...

Chartered accountancy body ICAEW published a report on May 22 exploring the evolution of mid-tier accountancy firms following a survey of managing par...

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‘Perfect storm’ for hundreds of thousands of firms revealed as demand spirals and talent supplies plummet
Skills

‘Perfect storm’ for hundreds of thousands of firms revealed as demand spira...

7d Accountancy Age

‘Perfect storm’ for hundreds of thousands of firms...

Almost half (45%) of firms are being “severely” or “significantly” affected by skills shortages and a total of 74% of respondents said that compared w...

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Turning payroll from a burden into a profit centre
Accounting Software

Turning payroll from a burden into a profit centre

1w Rachael Kennedy

Turning payroll from a burden into a profit centre

As payroll complexities increasingly drain accountancy firms' resources, pioneering solutions that offer greater integration offer a path to turn this...

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Auditors failed to raise alarm for 75% of companies that went bust
Audit

Auditors failed to raise alarm for 75% of companies that went bust

1w Accountancy Age

Auditors failed to raise alarm for 75% of companie...

New analysis shows that auditors failed to warn about 3 out of 4 of the UK’s largest publicly traded companies that collapsed between 2010 and 2022. R...

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Q&A: Gravita's CEO on the challenger firm's tech driven strategy
Accounting Firms

Q&A: Gravita's CEO on the challenger firm's tech driven strategy

1w Rachael Kennedy

Q&A: Gravita's CEO on the challenger firm's tech d...

When I asked ChatGPT to show me a picture of a typical accountant, the output was not surprising – sat at a desk covered in paper and a calculat...

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Can accountants save football clubs drowning in debt?
Accounting Firms

Can accountants save football clubs drowning in debt?

1w Rachael Kennedy

Can accountants save football clubs drowning in de...

Seven UK professional football clubs were issued winding up petitions in 2023 – the highest figure since 2020 – as financial pressures intensify*, say...

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Who said accountants need to understand brand building?
Accounting Firms

Who said accountants need to understand brand building?

2w Rachael King

Who said accountants need to understand brand buil...

haysmacintyre, a top-20 London firm of chartered accountants, has been recognised as one of the UK’s best places to work by The Sunday Times. The firm...

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Three ways to close the finance skills gap in UK accounting practices
Skills

Three ways to close the finance skills gap in UK accounting practices

2w Rachael Kennedy

Three ways to close the finance skills gap in UK a...

What is an accountant? According to ChatGPT, they are the following: “[Accountants are] highly detail-oriented and analytical professionals, adept at ...

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Industry Insight: CSDDD poised to create a trickle-down effect throughout the supply chain
Consulting

Industry Insight: CSDDD poised to create a trickle-down effect throughout t...

2w Nigel Layton Partner, Head of Pharma & Life Sciences at Mazars

Industry Insight: CSDDD poised to create a trickle...

Pharma and life sciences companies should act now to prevent impact on drug production capabilities and business viability Read More...

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FRC publishes final settlement decision to KPMG on Carillion
Audit

FRC publishes final settlement decision to KPMG on Carillion

3w Accountancy Age

FRC publishes final settlement decision to KPMG on...

Investigations revealed that KPMG failed to gather sufficient audit evidence and did not exhibit the necessary professional scepticism required for au...

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North West accountancy and advisory firm completes MBO
Accounting Firms

North West accountancy and advisory firm completes MBO

3w Accountancy Age

North West accountancy and advisory firm completes...

Investment in its people will drive forward the ambitious growth plans. The new structure will see Lucy Williams take the reins as managing partner Re...

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FRC issues sanctions against audit firms for failures in LCF audits
Audit

FRC issues sanctions against audit firms for failures in LCF audits

3w Accountancy Age

FRC issues sanctions against audit firms for failu...

The FRC's sanctions against the three audit firms involved in the LCF audits serve as a stark reminder of the vital role that auditors play in maintai...

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How many of your clients actually need ESG support?
Business

How many of your clients actually need ESG support?

3w The Disruption House

How many of your clients actually need ESG support...

476,000 UK SMEs will need an ESG plan in the next few years. Is your firm ready to support them? Read More...

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How EY upskills in the age of AI and sustainability
Big Four

How EY upskills in the age of AI and sustainability

3w Rachael Kennedy

How EY upskills in the age of AI and sustainabilit...

Partners Paul Goodhew and Dilek Çilingir Kostem explain how EY is harnessing the power of AI and sustainability to redefine the future of professional...

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Gravita promotes four new partners and relocates to central London headquarters as growth plans accelerate
Accounting Firms

Gravita promotes four new partners and relocates to central London headquar...

4w Accountancy Age

Gravita promotes four new partners and relocates t...

Gravita is redefining accountancy for growth companies, delivering a full suite of services through deep expertise, trusted consultancy and technology...

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Bspoke Group launch fee protection insurance division
Accounting Firms

Bspoke Group launch fee protection insurance division

4w Accountancy Age

Bspoke Group launch fee protection insurance divis...

Kevin Igoe has been hired as the MD of the new team, which is part of the BSpoke Commercial Insurance division Read More...

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Accountancy people moves: April 2024
Company News

Accountancy people moves: April 2024

4w Accountancy Age

Accountancy people moves: April 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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How to make clients your sales team
Practice

How to make clients your sales team

4w Accountancy Age

How to make clients your sales team

Leveraging strong client relationships can enable accounting firms to generate new business through advocacy and referrals. Read More...

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FRC quizzes Big Four about use of AI
AI in Accounting

FRC quizzes Big Four about use of AI

4w Accountancy Age

FRC quizzes Big Four about use of AI

Auditors asked to explain what measures they are taking to combat rule-breaking Read More...

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Saffery moves to Edinburgh
Accounting Firms

Saffery moves to Edinburgh

4w Accountancy Age

Saffery moves to Edinburgh

Firm promotes Sean McGinness as the new office leader. This dual shift in location and leadership heralds a fresh chapter for the firm, poised for gro...

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New AICPA & CIMA research shows deep divide among finance professionals about the future of finance
People In Business

New AICPA & CIMA research shows deep divide among finance professionals abo...

1m Accountancy Age

New AICPA & CIMA research shows deep divide among ...

AICPA & CIMA released today their Re-defining finance for a sustainable world white paper, the latest iteration of their Future of Finance researc...

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PwC US announces major reversal in tax division strategy
Big Four

PwC US announces major reversal in tax division strategy

1m Accountancy Age

PwC US announces major reversal in tax division st...

This decision marks a strategic shift from the previous leadership's direction, aiming to strengthen the PwC tax brand and realign with traditional in...

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ICAEW proposes major £2 million minimum for Professional Indemnity Insurance
Accounting Standards

ICAEW proposes major £2 million minimum for Professional Indemnity Insuranc...

1m Accountancy A

ICAEW proposes major £2 million minimum for Profes...

The ICAEW cited managing insurance costs, firms struggling to obtain coverage, assessing risk-taking capacity, and evolved firm structures as drivers ...

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Once you switch, can you switch back?
Skills

Once you switch, can you switch back?

1m Accountancy Age

Once you switch, can you switch back?

Choosing between accounting practice and industry shapes an accountant's career, offering either a broad client base or in-depth company involvement. ...

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KPMG's Dutch subsidiary hit with record £20 million fine for exam cheating
Accounting Standards

KPMG's Dutch subsidiary hit with record £20 million fine for exam cheating

2m Rachael Kennedy

KPMG's Dutch subsidiary hit with record £20 millio...

KPMG's faces record fine for a widespread exam cheating scandal, implicating senior staff and highlighting systemic ethical issues in the professional...

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The Bank of England appoints EY as its external auditor
Audit

The Bank of England appoints EY as its external auditor

2m Rachael Kennedy

The Bank of England appoints EY as its external au...

The Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...

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How the renewed commitment to ESG in accountancy and finance is changing the finance recruitment landscape
CSR

How the renewed commitment to ESG in accountancy and finance is changing th...

2m Andy Young

How the renewed commitment to ESG in accountancy a...

The accountancy and finance landscape has seen a shift in recent years, with promising signs of recruitment recovery driven by a renewed focus on envi...

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