Baker Tilly International announces record revenue...

Baker Tilly International has today announced record global revenues of $5.62bn for the year ended 31 December 2024, marking a 9% increase from the pr...

The UK economy in 2025: Resilient or running on em...

The UK has entered 2025 at a crossroads. While global growth is set to continue at a modest pace, Britain faces a far more delicate balancing act. Wit...

The £140 billion debt crisis threatening UK counci...

Local councils across the UK are facing a fiscal crisis, with some proposing sharp council tax hikes to tackle mounting debt and budget shortfalls. Ei...

Climate reporting demand catches 67% of accountant...

As the climate crisis accelerates, the world is shifting towards transparency in carbon emissions. With mandatory climate reporting set to impact an e...

The hidden struggles of UK SMEs during tax season

The end of January looms large for small business owners across the UK. It’s a time marked by long hours, frazzled nerves, and a desperate hunt for mi...

Top 10 AI accounting tools every business needs in...

In 2025, artificial intelligence (AI) has moved beyond being a buzzword in accounting—it’s now a fundamental part of how businesses manage their finan...

How AI and cloud-centric strategy are redefining c...

In a sector often overshadowed by labyrinthine supply chains and erratic profit margins, Sage—known primarily for its financial management software—ha...

UK SME confidence reaches historic low, ACCA says

The fall in confidence comes following the announcement of large tax rises for UK employers in the recent Autumn Budget Read More...

Ethics in accounting: Can firms restore public tru...

Over the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a re...

Q&A: Azets' Chris Horne on making private equity w...

Traditionally, the UK accounting industry has been built on conservative foundations—partnership models prioritizing stability, independence, and clie...

HMRC releases updated guidance for Making Tax Digi...

HMRC has issued new guidance aimed at taxpayers participating in the Making Tax Digital for Income Tax (MTD IT) testing programme. The update provides...

Lessons worth carrying into 2025

As the dust settles on 2024, Jonathan Barber, Executive Director – UK of the Institute of Financial Accountants (IFA), reflects on a year shaped by po...

IASB amends IFRS 9 and IFRS 7 for renewable electr...

The International Accounting Standards Board (IASB) has introduced targeted amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instrument...

How are digital assets changing the balance sheet?

Once the domain of tech enthusiasts and speculative investors, digital assets are now transforming the financial underpinnings of global business. Cry...

Regulator investigates charity for repeated filing...

The Charity Commission has announced a statutory inquiry into Community Accountancy Self Help, citing concerns over persistent non-compliance with fin...

UK borrowing costs hit 16-year high as pound slump...

Accountants urged to monitor fiscal impact amid rising debt concerns Read More...

Navigating a new era of corporate reporting

Corporate reporting is rapidly evolving, with numerous new standards and requirements being established to guide companies towards more responsible an...

What accountants need to know about becoming an au...

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) will have a significant impact on evolving accountancy practice. John Clarke, Chair of ...

2025: Can accountants turn the tide on trust and g...

As 2025 dawns, accountants find themselves at the heart of an economy still navigating the aftershocks of a global pandemic, seismic political shifts,...

A £1.13bn problem: HMRC’s crackdown on R&D tax err...

HM Revenue & Customs (HMRC) has launched a voluntary disclosure initiative aimed at companies that have overclaimed research and development (R&am...

AI, sustainability and regulatory push set to tran...

The pharma and life sciences industry faces a dynamic year ahead, driven by AI, sustainability, and evolving regulations. Stricter ESG reporting and ...

Accountancy Age's Top 10 Stories of 2024

Q&A: Gerald Edelman's Carl Lundberg on making B-Co...

From Tony's Chocolonely at the Christmas party to tough conversations about business class flights - how this 78-year-old accounting firm transformed ...

FRC opens consultation on draft Strategy 2025-28

The Financial Reporting Council (FRC) has published its draft three-year strategy for 2025-28, emphasising its commitment to safeguarding public trust...

FRC warns of critical fault lines in NHS audit mar...

The Financial Reporting Council (FRC) has released initial findings from its ongoing examination of the NHS audit market, revealing significant obstac...

ICAS celebrates 170 years as the world’s oldest ac...

The Institute of Chartered Accountants of Scotland (ICAS) is marking its 170th anniversary this month, celebrating its role as the world’s oldest prof...

UK accountancy sees double deal action with Cinven...

Two major private equity deals have been announced in the UK accountancy sector, with Cinven and IK Partners making significant investments in Grant T...