ACCA supports FRC proposals to strengthen auditor requirements

Audit ACCA supports FRC proposals to strengthen auditor requirements

1m Accountancy Age, Reporters

ACCA supports FRC proposals to strengthen auditor ...

The proposed enhancements, including the focus on material misstatements arising from non-compliance, the introduction of a risk assessment process, a...

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Salary trends, gender pay gap, and the impact of AAT qualifications on earning potential

Career Salary trends, gender pay gap, and the impact of AAT qualifications on earning potential

1m Accountancy Age, Reporters

Salary trends, gender pay gap, and the impact of A...

The survey reveals salary progression based on AAT membership levels, regional variations in salaries, gender pay gaps, industry-specific salaries, an...

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FRC imposes £33.2 million fines on audit firms amid crackdown

Audit FRC imposes £33.2 million fines on audit firms amid crackdown

2m Accountancy Age, Reporters

FRC imposes £33.2 million fines on audit firms ami...

The Financial Reporting Council's record fines imposed on audit firms in 2023 demonstrate its unwavering commitment to enhancing audit quality. Read M...

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IFA: What’s ahead for 2024?

Business IFA: What’s ahead for 2024?

2m Institute of Financial Accountants

IFA: What’s ahead for 2024?

The IFA's Jonathan Barber shares his predictions for the upcoming year with ESG taking more of a prominence between debates regarding digital transfor...

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FRC urged to reconsider enforcement criteria amidst industry evolution

Accounting Standards FRC urged to reconsider enforcement criteria amidst industry evolution

2m Accountancy Age, Reporters

FRC urged to reconsider enforcement criteria amids...

Changes will help to make accounting profession more attractive, ICAEW boss says Read More...

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PwC's 2023 annual report: What you need to know

Big Four PwC's 2023 annual report: What you need to know

2m Rachael Kennedy

PwC's 2023 annual report: What you need to know

Accountancy Age unpacks PwC's 2023 annual report, with a focus on profits, people, investments and technology. Read More...

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Evelyn Partners launches new graduate programme

Skills Evelyn Partners launches new graduate programme

2m Accountancy Age, Reporters

Evelyn Partners launches new graduate programme

Graduates on Evelyn Partners' new programme will work on front office financial planning tasks alongside studying for the Personal Finance Society Dip...

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Accountancy people moves: December2023

Company News Accountancy people moves: December2023

2m Rachael Kennedy

Accountancy people moves: December2023

The ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...

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How much of a threat is the talent shortage to the accounting profession?

Skills How much of a threat is the talent shortage to the accounting profession?

2m Accountancy Age, Reporters

How much of a threat is the talent shortage to the...

It is crucial to showcase the exciting and diverse opportunities that a career in accounting offers and dispel misconceptions about the profession Rea...

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BDO launches new AI platform 'Personas' to streamline operations

Accounting Firms BDO launches new AI platform 'Personas' to streamline operations

2m Accountancy Age, Reporters

BDO launches new AI platform 'Personas' to streaml...

Personas is an internal AI platform meticulously developed by BDO to boost productivity and streamline day-to-day tasks. Read More...

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How to grow green skills within your team

CSR How to grow green skills within your team

2m Rachael Kennedy

How to grow green skills within your team

By providing accurate and transparent financial information, accountants enable informed decision-making that considers both financial and environment...

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IFA: A reflection on 2023’s challenges and successes

Business IFA: A reflection on 2023’s challenges and successes

2m Institute of Financial Accountants

IFA: A reflection on 2023’s challenges and success...

Could accountants' efforts to better align with the demands and expectations of their clients serve as a spark for greater innovation and sector chang...

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What to expect in 2024 (it's not just AI!)

Business What to expect in 2024 (it's not just AI!)

2m Rachael Kennedy

What to expect in 2024 (it's not just AI!)

The accountancy market in the UK is on the brink of transformation in 2024. As technology continues to advance and the business landscape evolves, acc...

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Should the Autumn Statement have been tougher on late payments?

Budget Should the Autumn Statement have been tougher on late payments?

2m Institute of Financial Accountants

Should the Autumn Statement have been tougher on l...

With an Autumn Statement that has received mixed reviews, one aspect that has flown somewhat under the radar is the commitment to public sector paymen...

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ICAEW under pressure due to lack of board diversity

Practice ICAEW under pressure due to lack of board diversity

2m Accountancy Age, Reporters

ICAEW under pressure due to lack of board diversit...

The Institute of Chartered Accountants in England and Wales (ICAEW) has come under scrutiny for its board appointments, with new research suggesting a...

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FRC's competition efforts fall flat as Big Four continue to dominate

Accounting Firms FRC's competition efforts fall flat as Big Four continue to dominate

2m Accountancy Age, Reporters

FRC's competition efforts fall flat as Big Four co...

The Big Four audit firms earned 98% of FTSE 350 audit fees in 2022, despite efforts to increase competition within the market Read More...

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FRC says volume of Tier 2 and 3 audit firms requiring improvement is 'unacceptable'

Accounting Standards FRC says volume of Tier 2 and 3 audit firms requiring improvement is 'unacceptable'

2m Accountancy Age, Reporters

FRC says volume of Tier 2 and 3 audit firms requir...

38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...

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UK and Switzerland enhance ties with mutual recognition of audit qualifications

Audit UK and Switzerland enhance ties with mutual recognition of audit qualifications

2m Accountancy Age, Reporters

UK and Switzerland enhance ties with mutual recogn...

This arrangement allows auditors who are professionally qualified and registered as statutory auditors in either the UK or Switzerland to apply for re...

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Accountancy Blueprint: A guide to pivoting to a consultancy model

Consulting Accountancy Blueprint: A guide to pivoting to a consultancy model

2m Accountancy Age, Reporters

Accountancy Blueprint: A guide to pivoting to a co...

Transitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...

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PwC strengthens Saas offering with Starling partnership

AP PwC strengthens Saas offering with Starling partnership

2m Rachael Kennedy

PwC strengthens Saas offering with Starling partne...

PwC can offer its clients a range of technology-enabled solutions, delivering high-quality digital banking experiences to customers while also achievi...

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Over two thirds of accountants say AI has had a positive impact on their profession

Skills Over two thirds of accountants say AI has had a positive impact on their profession

3m Rachael Kennedy

Over two thirds of accountants say AI has had a po...

67% of participants predicted that their companies will increase AI investment in 2024 through expanded implementation, partnerships with AI software ...

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IAASB introduces new auditing standard for SMEs

Audit IAASB introduces new auditing standard for SMEs

3m Accountancy Age, Reporters

IAASB introduces new auditing standard for SMEs

Traditionally, smaller businesses have had to navigate auditing standards designed for larger, more complex entities. This new standard offers a more ...

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PwC alters recruitment process to foster diversity and inclusion

Big Four PwC alters recruitment process to foster diversity and inclusion

3m Accountancy Age, Reporters

PwC alters recruitment process to foster diversity...

School leavers and graduates will be able to advance up to a £1000 of their first month’s salary Read More...

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COP28: Accounting bodies call for action on climate-related reporting disclosures

Accounting Standards COP28: Accounting bodies call for action on climate-related reporting disclosures

3m Rachael Kennedy

COP28: Accounting bodies call for action on climat...

Effective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...

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The collapse of Wilko: Role of EY and PwC

Audit The collapse of Wilko: Role of EY and PwC

3m Accountancy Age, Reporters

The collapse of Wilko: Role of EY and PwC

The involvement of EY and PwC in this case raises questions about their responsibility and oversight Read More...

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EY's innovative use of AI in detecting audit frauds sparks debate

Audit EY's innovative use of AI in detecting audit frauds sparks debate

3m Accountancy Age, Reporters

EY's innovative use of AI in detecting audit fraud...

EY has implemented artificial intelligence (AI) in its audit processes, leading to the detection of fraudulent activities. Out of the first 10 compani...

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Accountancy people moves: November 2023

Company News Accountancy people moves: November 2023

3m Rachael King

Accountancy people moves: November 2023

KPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...

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