Insolvency statistics for Q2 ‘highly concerning’
Business Recovery

Insolvency statistics for Q2 ‘highly concerning’

9m Greg Noble

Insolvency statistics for Q2 ‘highly concerning’

There were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...

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Accounting profession must collaborate to keep up with tech developments, experts say
Talent

Accounting profession must collaborate to keep up with tech developments, ...

9m Greg Noble

Accounting profession must collaborate to keep up ...

ICAS will undertake a major chartered accountant syllabus refresh in 2024 Read More...

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IOSCO chair: ISSB standards 'fit for purpose'
Accounting Standards

IOSCO chair: ISSB standards 'fit for purpose'

9m Greg Noble

IOSCO chair: ISSB standards 'fit for purpose'

IOSCO currently covers 130 jurisdictions, meaning that it supervises 95% of financial markets Read More...

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The tax function is an 'evolving beast'
Big Four

The tax function is an 'evolving beast'

9m Greg Noble

The tax function is an 'evolving beast'

The ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...

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Time to place the cloud champion centre stage
Cloud

Time to place the cloud champion centre stage

9m Rachel Gordon

Time to place the cloud champion centre stage

An in-house digital specialist now has a pivotal role within the forward-looking accountancy firm - can your firm afford not to appoint one? Read More...

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Significant work required by government to gain trust of businesses again, experts says
Business

Significant work required by government to gain trust of businesses again, ...

9m Greg Noble

Significant work required by government to gain tr...

The Office for National Statistics reported that inflation in the UK dropped to 7.9% in June Read More...

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HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year
Contracting

HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year

9m Greg Noble

HMRC ‘suppresses growth’ by avoiding contractors o...

HMRC revealed that it had not recruited any contractors outside the scope of the IR35 legislation in the last year Read More...

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Online presence: The new frontier for UK accountants
Practice

Online presence: The new frontier for UK accountants

9m Finbarr Toesland

Online presence: The new frontier for UK accountan...

Distinctive and innovative websites play a crucial role in positioning accountancy firms as trusted leaders in the digital age, attracting top talent,...

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NAO to probe FCA over its effectiveness
Regulatory Bodies

NAO to probe FCA over its effectiveness

9m Greg Noble

NAO to probe FCA over its effectiveness

The review is understood to include examining the FCA’s governance, strategy, and culture and well as its approach to regulating diverse types of firm...

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All aboard: How to bring clients on the digital transformation journey
Technology

All aboard: How to bring clients on the digital transformation journey

9m Rachel Gordon

All aboard: How to bring clients on the digital tr...

Why is it important for accountants to secure client buy-in when they move to more automated ways of working? Read More...

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FDI advisory a key factor in Moore Kingston Smith Irish acquisition
Accounting Firms

FDI advisory a key factor in Moore Kingston Smith Irish acquisition

9m Greg Noble

FDI advisory a key factor in Moore Kingston Smith ...

MKS has acquired Irish firm Moore, in a bid to increase its international reach Read More...

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Make every minute work - how accountants can boost productivity through technology
Accounting Software

Make every minute work - how accountants can boost productivity through tec...

9m Rachel Gordon

Make every minute work - how accountants can boost...

In the fast-paced world of accounting, maximising productivity is essential Read More...

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Tory MP: IR35 has become ‘Frankenstein’s monster’
Contracting

Tory MP: IR35 has become ‘Frankenstein’s monster’

9m Sam Alberti

Tory MP: IR35 has become ‘Frankenstein’s monster’

According to the senior Conservative, the Tory party must have one eye on the next general election in deciding the future of the off-payroll working ...

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ISSB standards provide a ‘real purpose’ for young people to join accountancy profession
Accounting Firms

ISSB standards provide a ‘real purpose’ for young people to join accountanc...

9m Greg Noble

ISSB standards provide a ‘real purpose’ for young ...

The standards will become effective for periods commencing on or after 1 January 2024 Read More...

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The future of tax administration: how digitalisation is reshaping tax compliance
Tax

The future of tax administration: how digitalisation is reshaping tax compl...

9m Liz Salecka

The future of tax administration: how digitalisati...

As the digital revolution continues to reshape industries, the realm of tax administration is undergoing a profound transformation Read More...

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Data volumes and quality 'crucial' to AI success in accounting firms
Accounting Software

Data volumes and quality 'crucial' to AI success in accounting firms

9m Rob Griffin

Data volumes and quality 'crucial' to AI success i...

Clear data strategies must be put in place, insists Moore Kingston Smith’s Becky Shields Read More...

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HMRC responds to postal concerns with new taskforce
HMRC

HMRC responds to postal concerns with new taskforce

9m Greg Noble

HMRC responds to postal concerns with new taskforc...

Between 2021 and 2022, HMRC responded to 39.5% of postal queries within 15 days, compared to 70.3% between 2019 and 2020, according to a recent Public...

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Opening the door to visualisation and a better future
Digital assets

Opening the door to visualisation and a better future

9m Rachel Gordon

Opening the door to visualisation and a better fut...

Ifty Nasir, founder and CEO of Vestd invited Darren Cran, chief operating officer at AccountsIQ, to share insights on key trends within accountants’ t...

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Audit teams must collaborate to weather economic storm, experts say
Audit

Audit teams must collaborate to weather economic storm, experts say

9m Greg Noble

Audit teams must collaborate to weather economic s...

33% of organisations have incorporated auditing measures to enhance resiliency against macroeconomic uncertainty into their regular audit practices Re...

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Brightening Seamount Accountancy: A case study on digital automation
Accounting Software

Brightening Seamount Accountancy: A case study on digital automation

10m Rob Griffin

Brightening Seamount Accountancy: A case study on ...

Seamount Accountancy was already dealing with its own rapid growth when the pandemic struck; a new software system helped it navigate through both Rea...

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Telecoms solution to ‘remove the pain’ of HMRC wait times
Accounting Firms

Telecoms solution to ‘remove the pain’ of HMRC wait times

10m Sam Alberti

Telecoms solution to ‘remove the pain’ of HMRC wai...

The tax authority has faced increasing backlash due to dwindling service levels in recent months Read More...

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People moves: Mazars, BDO contribute to mid-market activity surge
Accounting Firms

People moves: Mazars, BDO contribute to mid-market activity surge

10m Greg Noble

People moves: Mazars, BDO contribute to mid-market...

This month saw a series of appointments and promotions from the industry's mid-tier firm Read More...

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Tackling the cash basis conundrum
Contracting

Tackling the cash basis conundrum

10m Emma Rawson

Tackling the cash basis conundrum

ATT technical officer, Emma Rawson, looks at the pros and cons of the income tax cash basis and HMRC’s attempts to increase its take up Read More...

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Business owners need certainty to encourage them to retain UK businesses, experts say
Business

Business owners need certainty to encourage them to retain UK businesses, e...

10m Greg Noble

Business owners need certainty to encourage them t...

23% of business owners having hastened their plans to either sell or wind down their businesses Read More...

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KPMG and PwC sanctioned by FRC for Eddie Stobart audits
Accounting Firms

KPMG and PwC sanctioned by FRC for Eddie Stobart audits

10m Greg Noble

KPMG and PwC sanctioned by FRC for Eddie Stobart a...

After cooperating with the inquiry, the firms and partners received a reduction in fines Read More...

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Generative AI to play potentially ‘transformative’ role in tax
Business

Generative AI to play potentially ‘transformative’ role in tax

10m Sam Alberti

Generative AI to play potentially ‘transformative’...

The technology can go beyond clerical usage and assist with the delivery of advisory services, experts say Read More...

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Collecting customer data the main barrier to HMRC’s Single Customer Accounts, ICAEW says
HMRC

Collecting customer data the main barrier to HMRC’s Single Customer Account...

10m Greg Noble

Collecting customer data the main barrier to HMRC’...

HMRC believes its Single Customer Account (SCA) scheme, which is expected to be in place by 2025, will transform its digital service offering Read Mor...

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