EY under investigation for role in Post Office audit during crisis period
Accounting Firms

EY under investigation for role in Post Office audit during crisis period

4m Marina Mouka

EY under investigation for role in Post Office aud...

The 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...

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Grant Thornton partners paid £682k as Cinven deal closes
Accounting Firms

Grant Thornton partners paid £682k as Cinven deal closes

4m Accountancy Age

Grant Thornton partners paid £682k as Cinven deal ...

Partner payouts at Grant Thornton UK rose to an average of £682,000 in 2024, following the completion of a landmark private equity deal with Cinven—th...

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UK accountant confidence rises from record low, but caution persists
ACCA

UK accountant confidence rises from record low, but caution persists

4m Marina Mouka

UK accountant confidence rises from record low, bu...

Confidence among UK accountants has edged up in the first quarter of 2025, following a historic low at the end of last year, according to the latest G...

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UK’s young accountants lead surge in self-employed practices
Accounting Firms

UK’s young accountants lead surge in self-employed practices

5m Accountancy Age

UK’s young accountants lead surge in self-employed...

A rising trend of young, qualified accountants establishing their own firms is reshaping the UK’s accounting landscape. According to new data from the...

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Q&A: Menzies’ Simon Massey on why audit automation isn’t about replacing people
Accounting Firms

Q&A: Menzies’ Simon Massey on why audit automation isn’t about replacing pe...

5m Marina Mouka

Q&A: Menzies’ Simon Massey on why audit automation...

When Simon Massey became Managing Partner at Menzies three and a half years ago, he didn’t anticipate his role would involve overseeing the introducti...

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EY fined £4.9m for failing to meet standards in Thomas Cook audit
Audit

EY fined £4.9m for failing to meet standards in Thomas Cook audit

5m Marina Mouka

EY fined £4.9m for failing to meet standards in Th...

The Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...

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Bishop Fleming reveals new round of promotions
Accounting Firms

Bishop Fleming reveals new round of promotions

5m Accountancy Age

Bishop Fleming reveals new round of promotions

Bishop Fleming, a leading UK-based audit, accountancy, tax, and advisory firm, has announced a significant round of promotions across its operations i...

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HaysMac taps Per-Olof Ahlstrom to lead Risk Advisory Services
Accounting Firms

HaysMac taps Per-Olof Ahlstrom to lead Risk Advisory Services

5m Accountancy Age

HaysMac taps Per-Olof Ahlstrom to lead Risk Adviso...

Per-Olof Ahlstrom HaysMac has announced the appointment of Per-Olof Ahlstrom as Acting Head of Risk Assurance and Advisory Services, strengthening its...

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MHA confirms float date and £269m valuation
Accounting Firms

MHA confirms float date and £269m valuation

5m Marina Mouka

MHA confirms float date and £269m valuation

MHA, the 13th largest accounting firm in the UK, has announced that it will proceed with its listing on the London Stock Exchange, despite the ongoing...

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Exploring human-AI collaboration in the intelligent age
Accounting Software

Exploring human-AI collaboration in the intelligent age

5m Jacky Pfennig, Senior Research Manager at AICPA & CIMA

Exploring human-AI collaboration in the intelligen...

With its ever-growing potential AI is quickly emerging as transformative force across industries, poised to reshape how organisations operate, enhance...

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EY announces AI integration into global Assurance technology platform
AI in Accounting

EY announces AI integration into global Assurance technology platform

5m Accountancy Age

EY announces AI integration into global Assurance ...

EY has launched the next phase of its US$1 billion technology investment, introducing AI-powered capabilities to its global Assurance platform. This m...

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Xeinadin expands Southern UK network with two-firm acquisition
Accounting Firms

Xeinadin expands Southern UK network with two-firm acquisition

5m Marina Mouka

Xeinadin expands Southern UK network with two-firm...

Xeinadin, one of the UK’s top 20 accountancy groups, has acquired JCS Accountants in Surrey and Mudd Partners LLP in Essex, bolstering its regional pr...

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UK growth to remain weak amid heightened uncertainty
Budget 2025

UK growth to remain weak amid heightened uncertainty

5m Jonathan Ashworth, Chief Economist, ACCA

UK growth to remain weak amid heightened uncertain...

The UK’s incipient economic recovery in the first half of 2024 has since flagged. After expanding by 0.8% and 0.4% in Q1 and Q2 2024, the economy stag...

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Women in UK financial services still earn a fifth less than men
Career

Women in UK financial services still earn a fifth less than men

5m Marina Mouka

Women in UK financial services still earn a fifth ...

The gender pay gap across the UK’s financial services industry remains persistently wide, with women earning just 78 pence for every pound earned by m...

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Forvis Mazars UK reports 15th consecutive year of growth
Accounting Firms

Forvis Mazars UK reports 15th consecutive year of growth

5m Accountancy Age

Forvis Mazars UK reports 15th consecutive year of ...

Forvis Mazars has posted its fifteenth consecutive year of growth in the UK, reporting revenue of £362.4m for the year ending 31 August 2024—a rise of...

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MHA falls short of £125m IPO target
Accounting Firms

MHA falls short of £125m IPO target

5m Accountancy Age

MHA falls short of £125m IPO target

UK accountancy firm MHA is reportedly struggling to reach its £125m fundraising goal ahead of a planned flotation on the London Stock Exchange, as it ...

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Talks stall on US-UK mutual recognition of accounting qualifications
ACCA

Talks stall on US-UK mutual recognition of accounting qualifications

5m Marina Mouka

Talks stall on US-UK mutual recognition of account...

Efforts to ease cross-border mobility for auditors between the US and UK have hit a roadblock, with longstanding negotiations over mutual recognition ...

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iplicit unveils BPO tool for midmarket accountants at DAS 2025
Accounting Software

iplicit unveils BPO tool for midmarket accountants at DAS 2025

5m Accountancy Age

iplicit unveils BPO tool for midmarket accountants...

At this year’s Digital Accountancy Show in London, cloud software provider iplicit launched a new tool designed to help accountancy firms scale their ...

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MTD for Income Tax: ready or not?
Making Tax Digital

MTD for Income Tax: ready or not?

5m Marina Mouka

MTD for Income Tax: ready or not?

The timeline is fixed. By April 2026, Making Tax Digital for Income Tax will be mandatory for many sole traders and landlords. But judging by the tone...

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FreeAgent files first MTD submission from space
Accounting Software

FreeAgent files first MTD submission from space

5m Accountancy Age

FreeAgent files first MTD submission from space

World’s first tax submission sent from space as countdown to new tax filing process begins for UK businesses  Read More...

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EY names Alison Duncan as first woman UK chair
Accounting Firms

EY names Alison Duncan as first woman UK chair

5m Accountancy Age

EY names Alison Duncan as first woman UK chair

Alison Duncan EY has named Alison Duncan as its next UK chair, subject to a partner vote, marking a significant governance shift and historic leadersh...

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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

5m 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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82% of UK workers feed AI copyrighted content, survey finds
AI in Accounting

82% of UK workers feed AI copyrighted content, survey finds

5m Accountancy Age

82% of UK workers feed AI copyrighted content, sur...

82% of employees use external material in generative AI tools, CLA warns Read More...

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Q&A: Affinia’s growth journey - A new challenger in UK accountancy
Accounting Firms

Q&A: Affinia’s growth journey - A new challenger in UK accountancy

5m Marina Mouka

Q&A: Affinia’s growth journey - A new challenger i...

An executive interview with Darren Redmayne, CEO, and Chris Annis, CCO of Affinia. Read More...

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

How suppliers should be supporting their customers’ carbon accounting

5m 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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ACCA and ACFE join forces to fight global business fraud
Accounting Standards

ACCA and ACFE join forces to fight global business fraud

5m Accountancy Age

ACCA and ACFE join forces to fight global business...

Two of the world’s leading professional bodies have signed a three-year cooperation deal aimed at strengthening the global response to fraud in busine...

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Wilson Partners acquires Max Accountants
Accounting Firms

Wilson Partners acquires Max Accountants

5m Accountancy Age

Wilson Partners acquires Max Accountants

Wilson Partners has acquired Rutland-based Max Accountants in a move that strengthens the firm’s regional presence and expands its focus on high-growt...

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