The Financial Reporting Council (FRC) has launched a formal investigation into Deloitte’s audits of Glencore plc and its UK subsidiary, Glencore Energ...
View articleThe Financial Conduct Authority (FCA) has fined Barclays a combined £42 million for serious failings in its financial crime risk management, citing tw...
View articleIn a bid to future-proof the UK’s capital markets, ICAEW has outlined four principles to evolve the reporting accountant’s role, highlighting the bala...
View articleThe Association of Chartered Certified Accountants (ACCA) has called on the European Commission (EC) to simplify its Sustainable Finance Disclosure Re...
View articleResponsibility for anti-fraud is changing. Organisations must have reasonable prevention procedures in place. Read More...
View articleThe Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...
View articleForvis Mazars has released its 2024 UK Sustainability Report, setting out a sharpened set of environmental and social goals, including a revised net z...
View articleErnst & Young (EY) is set to implement one of its most substantial partner redundancy initiatives in decades, aiming to safeguard profitability am...
View articleSuccessful productivity initiatives require synergies and board-level collaborations that seamlessly integrate people, technology, and finance, but sy...
View articleThe European Commission has unveiled sweeping changes to sustainability reporting requirements under its Omnibus Simplification Package, a move that w...
View articleThe Association of Accounting Technicians (AAT) has named Sir Stephen Hillier as its inaugural Board Chair, a move that signals a sweeping overhaul of...
View articleUK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major comp...
View articleUnderstanding what drives productivity is crucial to economic growth, innovation, and living standards, making all of us stakeholders in the efforts t...
View articleMore than half of large UK financial services firms experienced at least one third-party supply chain attack in 2024, with nearly a quarter facing thr...
View articleThe UK’s financial watchdog is facing fierce resistance over its proposal to publicly disclose company investigations before enforcement action is tak...
View articleOver the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a re...
View articleOnce the domain of tech enthusiasts and speculative investors, digital assets are now transforming the financial underpinnings of global business. Cry...
View articleCorporate reporting is rapidly evolving, with numerous new standards and requirements being established to guide companies towards more responsible an...
View articleThe Economic Crime and Corporate Transparency Act 2023 (ECCTA) will have a significant impact on evolving accountancy practice. John Clarke, Chair of ...
View articleThe Financial Reporting Council (FRC) has published its draft three-year strategy for 2025-28, emphasising its commitment to safeguarding public trust...
View articleBusinesses are told that they must invest in a growing number of sustainability initiatives, which may impair short-term financial performance while i...
View articleThe Financial Reporting Council (FRC) and other UK regulators have launched a wide-ranging consultation on the future of digital financial reporting i...
View articleThe next tax payment due for partners (and members of LLPs) is the 31 January 2025, with Basis Period Reform (BPR) this is expected to be higher than ...
View articleThe recent £15 million fine imposed by the Financial Conduct Authority (FCA) on PricewaterhouseCoopers LLP (PwC) marks a significant milestone in the ...
View articleNew 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...
View articleInvestigations revealed that KPMG failed to gather sufficient audit evidence and did not exhibit the necessary professional scepticism required for au...
View articleFrom battling underground invoice frauds in China to navigating bribery risks in the Middle East, Mazars' Nigel Layton shares essential insights on co...
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