Environmental, Social and Governance (ESG)

ESG: A new era for accountancy

Forthcoming reporting guidelines will be a landmark development for non-financial reporting Read More

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Regulation and standard-setting

UK moves to regulate AI audit ‘wild west’ with first global standard
Accounting Standards

UK moves to regulate AI audit ‘wild west’ with first global standard

5d Accountancy Age

UK moves to regulate AI audit ‘wild west’ with fir...

The British Standards Institution (BSI) has published a new international standard aimed at bringing structure, transparency, and trust to the rapidly...

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Barclays fined £42m over serious failures in financial crime controls
Audit

Barclays fined £42m over serious failures in financial crime controls

5d Accountancy Age

Barclays fined £42m over serious failures in finan...

The Financial Conduct Authority (FCA) has fined Barclays a combined £42 million for serious failings in its financial crime risk management, citing tw...

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Rethinking capital: Climate risks and the financial system
Corporate Finance

Rethinking capital: Climate risks and the financial system

2w Peter Spence, AICPA and CIMA’s Associate Technical Director

Rethinking capital: Climate risks and the financia...

Financial capital thrives by consuming finite resources. But if we continue on the current path, we risk undermining the very systems that support our...

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When the apple doesn’t fall far from the audit firm
Audit

When the apple doesn’t fall far from the audit firm

3w Accountancy Age

When the apple doesn’t fall far from the audit fir...

When right is nobody’s business, wrong sets the culture. The recent PCAOB fines totalling $8.5 million for cheating on ethics exams at Deloitte, PwC a...

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Private equity and ESG top the mid-tier agenda, ICAEW finds
Economy

Private equity and ESG top the mid-tier agenda, ICAEW finds

2w Accountancy Age

Private equity and ESG top the mid-tier agenda, IC...

A growing number of mid-tier accountancy firms are eyeing private equity investment and new ESG service lines, according to fresh research from the IC...

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Decarbonisation policy shifts from incentives to penalties
Business Regulation

Decarbonisation policy shifts from incentives to penalties

3w Craig Stobo, Partner, VITA

Decarbonisation policy shifts from incentives to p...

Decarbonisation rules will raise revenue, but the real goal is to create a sea change in industrial behaviour. Read More...

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The role of accountants

The systems thinking workforce – powering competitive, responsive, resilient businesses
ESG

The systems thinking workforce – powering competitive, responsive, resilien...

1m Peter Spence, AICPA & CIMA

The systems thinking workforce – powering competit...

While technology has streamlined processes and flattened organisational structures, business complexity is growing. Under-pressure managers are increa...

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FRC sets out plans for UK sustainability assurance standard
Accounting Standards

FRC sets out plans for UK sustainability assurance standard

2m Accountancy Age

FRC sets out plans for UK sustainability assurance...

The Financial Reporting Council (FRC) has opened consultation on a proposed UK version of a new global sustainability assurance standard, aiming to gi...

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73% of G20 companies now seek sustainability assurance
Accounting Standards

73% of G20 companies now seek sustainability assurance

2m Accountancy Age

73% of G20 companies now seek sustainability assur...

The percentage of companies engaged in sustainability reporting remained unchanged at 98% Read More...

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Forvis Mazars brings net zero target forward in ESG overhaul
Accounting Firms

Forvis Mazars brings net zero target forward in ESG overhaul

4m Accountancy Age

Forvis Mazars brings net zero target forward in ES...

Forvis Mazars has released its 2024 UK Sustainability Report, setting out a sharpened set of environmental and social goals, including a revised net z...

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Why going paperless is now a strategic move for accountancy firms
Accounting Firms

Why going paperless is now a strategic move for accountancy firms

3m Accountancy Age

Why going paperless is now a strategic move for ac...

With growing pressure on accountancy firms to modernise their operations and align with sustainability objectives, the shift to paperless audit system...

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Further reading

How suppliers should be supporting their customers’ carbon accounting
Business Regulation

How suppliers should be supporting their customers’ carbon accounting

4m Jenna Brown, Director of Uber for Business UK

How suppliers should be supporting their customers...

In 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...

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New corporate fraud offence to take effect in September—what firms must know
Accounting Firms

New corporate fraud offence to take effect in September—what firms must kno...

3m Accountancy Age

New corporate fraud offence to take effect in Sept...

UK accountancy firms and their clients face a tightening of corporate liability rules from 1 September 2025, when the new offence of Failure to Preven...

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Why are only 20% of businesses prepared for climate-related disasters?
Business

Why are only 20% of businesses prepared for climate-related disasters?

8m Accountancy Age

Why are only 20% of businesses prepared for climat...

A new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...

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The potential of AI in pharma: Balancing innovation and ethics is critical
AI in Accounting

The potential of AI in pharma: Balancing innovation and ethics is critical

2m Nigel Layton, Partner and Head of Pharma & Life Sciences at Forvis Mazars

The potential of AI in pharma: Balancing innovatio...

As with many industries, the pharmaceutical and life sciences sector is embracing artificial intelligence (AI) to drive transformation. The sector is ...

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IASB proposes new examples to clarify climate risk reporting in financial statements
Business Regulation

IASB proposes new examples to clarify climate risk reporting in financial s...

12m Accountancy Age

IASB proposes new examples to clarify climate risk...

The International Accounting Standards Board (IASB) has taken a significant step to address investor concerns about climate risk disclosure, proposing...

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Could ISSB reporting mandates arrive sooner than first thought?
Accounting Standards

Could ISSB reporting mandates arrive sooner than first thought?

1y Accountancy Age

Could ISSB reporting mandates arrive sooner than f...

As the global push for sustainable finance intensifies, UK businesses may need to prepare for mandatory International Sustainability Standards Board (...

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Biofuel Carbon Accounting Report could signal shift in carbon auditing practices
Accounting Standards

Biofuel Carbon Accounting Report could signal shift in carbon auditing prac...

1y Accountancy Age

Biofuel Carbon Accounting Report could signal shif...

A recent International Energy Agency (IEA) report on carbon accounting for sustainable biofuels could herald significant changes in auditing practices...

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