Q&A: DJH's CEO Scott Heath on shaping the future of mid-market accounting through brand
Accounting Firms

Q&A: DJH's CEO Scott Heath on shaping the future of mid-market accounting t...

1y Rachael King

Q&A: DJH's CEO Scott Heath on shaping the future o...

A strong brand is more than just a name or logo—it’s a promise of quality, reliability, and expertise. For firms operating in this space, brandi...

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PwC's LCF audit failure should be a lesson to us all
Audit

PwC's LCF audit failure should be a lesson to us all

1y Accountancy Age

PwC's LCF audit failure should be a lesson to us a...

The recent £15 million fine imposed by the Financial Conduct Authority (FCA) on PricewaterhouseCoopers LLP (PwC) marks a significant milestone in the ...

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Accounting industry revenue continues to dip
Accounting Firms

Accounting industry revenue continues to dip

1y Accountancy Age

Accounting industry revenue continues to dip

Accounting industry revenues fell 2.2% in June to £3.57bn according to the latest ONS figures. This drop is atypical of annual trends where there is o...

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The Consumer Duty one year on
Accounting Standards

The Consumer Duty one year on

1y Sarah Ouarbya, Partner - Financial Services Consulting at Forvis Mazars

The Consumer Duty one year on

The financial services industry has now had just over one year to embed the Consumer Duty for existing products and should now be in the position to d...

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What Mobius' fee-driven decision teaches about client value
Audit

What Mobius' fee-driven decision teaches about client value

1y Accountancy Age

What Mobius' fee-driven decision teaches about cli...

Earlier this month, Mobius Investment Trust decided to part ways with PricewaterhouseCoopers LLP (PwC), its long-standing auditor, in favour of Johnst...

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Apprenticships gain ground and entry route to accounting
Skills

Apprenticships gain ground and entry route to accounting

1y Accountancy Age

Apprenticships gain ground and entry route to acco...

As England’s school leavers await their exam results this August, a new survey reveals a shifting perception towards apprenticeships as a viable...

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Audit Reform: A welcome sign of change for mid-tier firms
Accounting Standards

Audit Reform: A welcome sign of change for mid-tier firms

1y Alistair Main, Head of Audit and Assurance and Director at Duncan & Toplis

Audit Reform: A welcome sign of change for mid-tie...

To the delight of many in mid-tier accounting circles, we are now beginning to see significant, wide-ranging steps being taken to reform audit practic...

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How to make your practice more efficient
AI in Accounting

How to make your practice more efficient

1y Wolters Kluwer

How to make your practice more efficient

What does efficiency mean in the accounting profession? You may wonder what speeding up your processes and eliminating manual workflows leaves for you...

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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...

1y 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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FRC's Going Concern Guidance consultation demands industry input
Accounting Standards

FRC's Going Concern Guidance consultation demands industry input

1y Accountancy Age

FRC's Going Concern Guidance consultation demands ...

As the October 28 deadline approaches, accounting firms across the UK are being urged to contribute to a critical consultation that could reshape how ...

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EY sanctioned for breaching non-audit services cap fee
Accounting Standards

EY sanctioned for breaching non-audit services cap fee

1y Accountancy Age

EY sanctioned for breaching non-audit services cap...

The Financial Reporting Council (FRC) has imposed sanctions on Ernst & Young LLP (EY UK) for breaching ethical standards related to non-audit serv...

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Do you know what's in the new AI Cyber Code?
AI in Accounting

Do you know what's in the new AI Cyber Code?

1y Rachael King

Do you know what's in the new AI Cyber Code?

Artificial intelligence is no longer a futuristic concept but a present-day reality. As a result, the UK government is taking proactive steps to ensur...

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Third party risk management in pharma and life sciences – you’re only as strong as your weakest link
Business Regulation

Third party risk management in pharma and life sciences – you’re only as st...

1y Nigel Layton, Partner and Head of Pharma & Life Sciences at Forvis Mazars

Third party risk management in pharma and life sci...

In the last few weeks, we have seen both the ransomware attack on the NHS in the news, and more recently, the impact caused by software bug in an upda...

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What did we learn from the FRC's latest audit quality review?
Accounting Standards

What did we learn from the FRC's latest audit quality review?

1y Accountancy Age

What did we learn from the FRC's latest audit qual...

The Financial Reporting Council’s Annual Review of Audit Quality for 2024, released on July 30, 2024, paints a picture of an audit landscape in ...

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Why are accountants facing rising payment challenges?
Business

Why are accountants facing rising payment challenges?

1y Rachael Kennedy

Why are accountants facing rising payment challeng...

A recent survey reveals that accountants and financial advisers are grappling with worsening cashflow issues, primarily due to clients struggling to p...

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How firms can better implement AML compliance
Accounting Standards

How firms can better implement AML compliance

1y Tim Pinkney, Director of Professional Standards at the IFA

How firms can better implement AML compliance

With money laundering costing the UK economy more than £100billion each year according to the National Crime Agency, it is clear that this is an issue...

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Key takeaways from Bank of England decision
Uncategorized

Key takeaways from Bank of England decision

1y Rachael King

Key takeaways from Bank of England decision

The Bank of England’s decision to cut its key interest rate by 0.25 percentage points to 5% marks a significant shift in monetary policy. This m...

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WATCH 35 under 35: Staying on top of regulation is a must
35 under 35

WATCH 35 under 35: Staying on top of regulation is a must

1y Accountancy Age

WATCH 35 under 35: Staying on top of regulation is...

Navigating the world of accounting regulation in the UK is akin to mastering a complex dance, where every step must be precise and in tune with the la...

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Charity Cricket Event raises £13,150 for Havens Hospices
More News

Charity Cricket Event raises £13,150 for Havens Hospices

1y Accountancy Age

Charity Cricket Event raises £13,150 for Havens Ho...

Essex Big Bash and AJ Chambers have raised over £13,000 at their inaugural charity cricket event for Havens Hospices. Essex Big Bash is a T20-format c...

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Internal audit teams face critical capacity crunch
Audit

Internal audit teams face critical capacity crunch

1y Accountancy Age

Internal audit teams face critical capacity crunch

There is a growing disconnect between the escalating demands placed on internal audit functions and their limited capacity to address emerging risks. ...

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What to do about the accounting mental health emergency
Skills

What to do about the accounting mental health emergency

1y Accountancy Age

What to do about the accounting mental health emer...

New stats have laid bare the mental health emergency facing global accountancy – with increased working hours and reduced salaries both impacting prof...

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HMRC'S annual report is out - Here's what you need to know
HMRC

HMRC'S annual report is out - Here's what you need to know

1y Accountancy Age

HMRC'S annual report is out - Here's what you need...

Accountants are no strangers to poring over lengthy financial documents and annual reports. However, even the most seasoned professionals can benefit ...

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Confidence among global accountants rises again in Q2 2024, despite a big drop in sentiment in the US
Economy

Confidence among global accountants rises again in Q2 2024, despite a big d...

1y Jonathan Ashworth, Chief Economist, ACCA

Confidence among global accountants rises again in...

The ACCA and IMA Global Economic Conditions Survey (GECS) suggests that global confidence among accountants and finance professionals improved slightl...

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The Draft Audit Reform and Corporate Governance Bill – landmark legislation in the making?
Accounting Standards

The Draft Audit Reform and Corporate Governance Bill – landmark legislation...

1y Claudine Morgan, Legal Director and Hannah Gornall, Associate at law firm Charles Russell Speechlys

The Draft Audit Reform and Corporate Governance Bi...

Amongst the 40 laws the government announced in the King’s Speech on 17th July 2024, a draft Audit Reform and Corporate Governance Bill (the Bill) was...

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Reeve's Fiscal Statement: Key takeaways
Budget

Reeve's Fiscal Statement: Key takeaways

1y Accountancy Age

Reeve's Fiscal Statement: Key takeaways

Rachel Reeves, in her first fiscal statement as Chancellor, has painted a challenging picture of the UK’s public finances, revealing significant...

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KPMG integrates AI into smart audit platform
AI in Accounting

KPMG integrates AI into smart audit platform

1y Accountancy Age

KPMG integrates AI into smart audit platform

KPMG International has announced the integration of generative AI into its global smart audit platform, KPMG Clara. This move, announced on July 29, 2...

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Is R&D tax relief entering a new era?
R&D

Is R&D tax relief entering a new era?

1y Rory Fothergill

Is R&D tax relief entering a new era?

The last couple of years has seen monumental changes within the R&D tax relief world.  We are currently in an era where depending on when a compan...

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