IFAC publishes action plan to tackle economic crime and corruption

Regulation IFAC publishes action plan to tackle economic crime and corruption

4w Rebecca Whittaker

IFAC publishes action plan to tackle economic crim...

Accountants are key to fighting against money laundering, fraud, and tax evasion according to IFAC Read More...

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PwC hit with multi-million pound sanctions over BT audits

Big Four PwC hit with multi-million pound sanctions over BT audits

2m Rebecca Whittaker

PwC hit with multi-million pound sanctions over BT...

The accounting regulator also handed partner Richard Hughes a £42,000 fine Read More...

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FRC confirms overhaul of UK corporate governance code

Corporate Governance FRC confirms overhaul of UK corporate governance code

3m Sam Alberti

FRC confirms overhaul of UK corporate governance c...

The first update to the UK Corporate Governance Code in four years will see the creation of a stronger framework for reporting on internal controls an...

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Corporate governance reform vital to address organisational “culture crisis”

Corporate Governance Corporate governance reform vital to address organisational “culture crisis”

3m Patricia Cullen

Corporate governance reform vital to address organ...

Businesses must adopt a healthy corporate culture or risk legal and business consequences Read More...

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Capital allowances – time for reform?

Business Capital allowances – time for reform?

4m Emma Rawson, ATT Technical Officer

Capital allowances – time for reform?

Emma Rawson, ATT technical officer, takes a look at proposals to shake up the capital allowances regime Read More...

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Q&A: Mazars on dissecting the UK’s draft audit reform bill

Accounting Firms Q&A: Mazars on dissecting the UK’s draft audit reform bill

4m Sam Alberti

Q&A: Mazars on dissecting the UK’s draft audit ref...

During a conversation with Accountancy Age, Mazars partner Bob Neate breaks down the draft audit reform bill, warning of a potential capacity issue fo...

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Accounting firms could “lose credibility” from MSC crackdown

Business Accounting firms could “lose credibility” from MSC crackdown

4m Sam Alberti

Accounting firms could “lose credibility” from MSC...

Accountants with contractor clients must take practical steps in an attempt to fly under HMRC’s radar Read More...

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Blunted audit reforms risk “pick ’n’ mix approach” to reporting

Audit Blunted audit reforms risk “pick ’n’ mix approach” to reporting

4m Sam Alberti

Blunted audit reforms risk “pick ’n’ mix approach”...

The FRC and major audit firms have criticised the UK government’s watered-down proposals Read More...

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Overdue audit and corporate governance reforms on the horizon

Corporate Governance Overdue audit and corporate governance reforms on the horizon

5m Anca Thomson

Overdue audit and corporate governance reforms on ...

The UK government’s plans for audit and corporate governance reforms have appeared in this month’s Queen’s Speech, to the relief of many, says Anca Th...

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Anti-slavery efforts “unacceptable” among UK companies, FRC says

Corporate Governance Anti-slavery efforts “unacceptable” among UK companies, FRC says

5m Sam Alberti

Anti-slavery efforts “unacceptable” among UK compa...

One in ten businesses are failing to submit compulsory modern slavery statements Read More...

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FRC to ARGA transition plan sparks industry frustration as audit reform delay persists

Audit FRC to ARGA transition plan sparks industry frustration as audit reform delay persists

6m Sam Alberti

FRC to ARGA transition plan sparks industry frustr...

The Financial Reporting Council’s release of its three-year plan has been welcomed by auditors and accountants, but some argue it highlights the “over...

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UK accountant handed jail term in £160k tax fraud case

HMRC UK accountant handed jail term in £160k tax fraud case

6m Sam Alberti

UK accountant handed jail term in £160k tax fraud ...

The taxpayer’s trust was abused using accountancy knowledge and expertise, HMRC said Read More...

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TCFD guidance not "necessarily clear" as mandatory disclosures loom

ESG TCFD guidance not "necessarily clear" as mandatory disclosures loom

6m Sam Alberti

TCFD guidance not "necessarily clear" as mandatory...

Businesses are at risk of being too cautious with disclosures due to the lack of clarity Read More...

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One year anniversary of BEIS audit reform whitepaper sparks industry frustration

Audit One year anniversary of BEIS audit reform whitepaper sparks industry frustration

7m Sam Alberti

One year anniversary of BEIS audit reform whitepap...

The need for reform is "now more urgent than ever" Read More...

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FRC must address “glacial” efforts to improve UK corporate culture

Corporate Governance FRC must address “glacial” efforts to improve UK corporate culture

7m Sam Alberti

FRC must address “glacial” efforts to improve UK c...

Greater emphasis must be placed on monitoring and assessing the corporate culture of UK-based businesses to preserve their long-term sustainability, a...

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Bolster AML protocols or face suspension, IFA warns

Accounting Standards Bolster AML protocols or face suspension, IFA warns

8m Sam Alberti

Bolster AML protocols or face suspension, IFA warn...

The IFA has issued the alert following an initial wave of suspensions in December last year Read More...

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Don’t work up a sweat over ESEF

Regulation Don’t work up a sweat over ESEF

10m Tax Systems

Don’t work up a sweat over ESEF

Despite fears that the European Single Electronic Format has the potential to cause additional difficulties during an already hectic period for financ...

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ForrestBrown leads “landmark” R&D tribunal victory against HMRC

Legal ForrestBrown leads “landmark” R&D tribunal victory against HMRC

11m Sam Alberti

ForrestBrown leads “landmark” R&D tribunal victory...

The case is expected to lay a marker for SMEs in making future claims Read More...

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IFRS announces global sustainability standards board

Accounting Standards IFRS announces global sustainability standards board

11m Sam Alberti

IFRS announces global sustainability standards boa...

The initiative will aim to fulfil the urgent demand for standardising corporate sustainability disclosures worldwide Read More...

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Economic crime levy: Relief for SMEs

Business Regulation Economic crime levy: Relief for SMEs

11m Institute of Financial Accountants

Economic crime levy: Relief for SMEs

Revised plans and draft legislation suggest that smaller businesses should be exempt Read More...

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HMRC proposals to impose PII on unaffiliated agents is short-sighted, says IFA

Regulation HMRC proposals to impose PII on unaffiliated agents is short-sighted, says IFA

1y The Institute of Financial Accountants

HMRC proposals to impose PII on unaffiliated agent...

HMRC’s consultation on raising standards in the tax advice market tiptoes around regulation issue, warns IFA Read More...

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Market fears "disproportionate impact" of mandatory PII plans

Regulation Market fears "disproportionate impact" of mandatory PII plans

1y Sam Alberti

Market fears "disproportionate impact" of mandator...

Government must consider several "obvious" challenges, sources say Read More...

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Firms "set up for success" ahead of UK SOX with automation

Accounting Firms Firms "set up for success" ahead of UK SOX with automation

1y Accountancy Age, Reporters

Firms "set up for success" ahead of UK SOX with au...

Organisations that have automated their processes will have a competitive advantage ahead of UK SOX style regime Read More...

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Profile: ICAEW president William Brooks

Accounting Standards Profile: ICAEW president William Brooks

1y Sam Alberti

Profile: ICAEW president William Brooks

Accountancy Age spoke with Brooks, who talked us through future goals and challenges for the ICAEW Read More...

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Money laundering: do you fully understand the risks?

Coronavirus Money laundering: do you fully understand the risks?

1y The Institute of Financial Accountants

Money laundering: do you fully understand the risk...

Accountancy firms should be more vigilant than ever of money laundering strategies, says the Institute of Financial Accountants Read More...

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Report: Auditors concerned over “market-wide capacity issue”

Audit Report: Auditors concerned over “market-wide capacity issue”

1y Aoife Morgan

Report: Auditors concerned over “market-wide capac...

“The resources that ARGA will require are just enormous” Read More...

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HMRC’s mini-umbrella company fraud crackdown sees similar approach to IR35

HMRC HMRC’s mini-umbrella company fraud crackdown sees similar approach to IR35

1y Aoife Morgan

HMRC’s mini-umbrella company fraud crackdown sees ...

Possible legislation would be like “trying to close a paper door against a herd of wild elephants” Read More...

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