FRC urged to reconsider enforcement criteria amidst industry evolution
Accounting Standards

FRC urged to reconsider enforcement criteria amidst industry evolution

3m Idris Nagri

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

3m 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

3m Idris Nagri

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

3m 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?

3m Idris Nagri

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

3m Idris Nagri

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

4m 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

4m Institute of Financial Account...

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!)

4m 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?

4m Institute of Financial Account...

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

4m Idris Nagri

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

4m Idris Nagri

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 'unacc...

4m Idris Nagri

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 qualificat...

4m Idris Nagri

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

4m Idris Nagri

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

4m 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 pr...

4m 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

4m Idris Nagri

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

4m Idris Nagri

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 discl...

4m 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

4m Idris Nagri

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

4m Idris Nagri

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

5m 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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Revolut considers auditor change amid UK banking license challenges
Audit

Revolut considers auditor change amid UK banking license challenges

5m Idris Nagri

Revolut considers auditor change amid UK banking l...

Fintech giant considers dropping BDO following audit report in order to obtain clean bill of health from PRA Read More...

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End-of-year reflections: The value of cash flow statements
Business

End-of-year reflections: The value of cash flow statements

5m Idris Nagri

End-of-year reflections: The value of cash flow st...

By deepening the understanding of their components, addressing challenges with precision, harnessing advanced analytical techniques, staying abreast o...

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Master the art of end-of-year prep for Limited Company clients
Business

Master the art of end-of-year prep for Limited Company clients

5m Idris Nagri

Master the art of end-of-year prep for Limited Com...

Discover the critical aspects of end-of-year preparation for accountants managing limited company clients, from tax planning to compliance and effecti...

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Transformation Framework: Shifting to a consultancy model
Consulting

Transformation Framework: Shifting to a consultancy model

5m Idris Nagri

Transformation Framework: Shifting to a consultanc...

This framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...

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