The Financial Reporting Council (FRC) has opened consultation on a proposed UK version of a new global sustainability assurance standard, aiming to gi...
View articleNew research from FreeAgent suggests bureaucracy is still biting down hard on the UK’s small business sector — with almost one in five SMEs (18%) citi...
View articleAs with many industries, the pharmaceutical and life sciences sector is embracing artificial intelligence (AI) to drive transformation. The sector is ...
View articleResponsibility for anti-fraud is changing. Organisations must have reasonable prevention procedures in place. Read More...
View articleICAEW’s latest monitoring report finds that while most audits remain of acceptable quality, 10% were flagged for significant improvements, highlightin...
View articleThe UK accounting watchdog has identified “extremely serious” failings in EY’s audits of NMC Health, according to claims aired at the High Court this ...
View articleThe percentage of companies engaged in sustainability reporting remained unchanged at 98% Read More...
View articleAs lease standards tighten, finance teams relying on spreadsheets face rising risk. Discover how dedicated software brings control, accuracy and compl...
View articleKaren Scholes has been appointed the new president of the Institute of Chartered Accountants of Scotland (ICAS) for the 2025/26 term, making history a...
View articleThe Association of Chartered Certified Accountants (ACCA) has called for a more balanced approach to audit regulations for small and medium-sized ente...
View articleThe UK economy is set to face significant challenges over the next two years, with the EY Item Club downgrading its forecast for GDP growth to just 0....
View articleUK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...
View articleUK accountancy firms and their clients face a tightening of corporate liability rules from 1 September 2025, when the new offence of Failure to Preven...
View articleThe Financial Reporting Council (FRC) has launched an investigation into EY’s audits of the Post Office, focusing on the period from March 2015 to Mar...
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 articleEfforts to ease cross-border mobility for auditors between the US and UK have hit a roadblock, with longstanding negotiations over mutual recognition ...
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 article82% of employees use external material in generative AI tools, CLA warns Read More...
View articleIn terms of perception, it’s clearly helpful for companies to be seen to be green. The evidence shows this can help attract customers, new recruits an...
View articleTwo of the world’s leading professional bodies have signed a three-year cooperation deal aimed at strengthening the global response to fraud in busine...
View articleAccountancy bodies urge IPSASB to expand scope of public sector climate reporting Read More...
View articleErnst & Young (EY) is set to implement one of its most substantial partner redundancy initiatives in decades, aiming to safeguard profitability am...
View articleThe Financial Conduct Authority (FCA) has abandoned its proposal to introduce a public interest test for disclosing investigations into regulated firm...
View articleHMRC’s enforcement of IR35 off-payroll working rules has generated an extra £4.2bn in tax over the past four years, affecting approximately 120,000 co...
View articleSuccessful productivity initiatives require synergies and board-level collaborations that seamlessly integrate people, technology, and finance, but sy...
View articleA consortium of global and European accounting organizations is joining forces to address two major challenges facing the profession: the integration ...
View articleFor over a decade, HMRC’s Real-Time Information (RTI) system has been the backbone of payroll reporting in the UK. Introduced with the promise of impr...
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