With so many accounting software options on the market today, from QuickBooks to FreshBooks to Xero, it can be overwhelming for small business owners ...
View articleBig Tech companies have boosted profits by extending their servers' estimated life, reducing depreciation charges. However, overestimation can lead to...
View articleThe FRC is promoting initiatives to foster a more competitive market, following recent high-profile accounting scandals. Read More...
View articleAmidst complex regulations and a crackdown on fraud, UK accounting firms are increasingly turning to outsourcing as a strategic approach to ensure com...
View articleWhile in-house tech can offer tailored solutions and a competitive edge, market solutions provide access to advanced technology without significant in...
View articleMastering communication skills is crucial for young accountants, not just for presenting numbers but explaining their implications. This can be achiev...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...
View articleIn the current dynamic business environment, finance departments are constantly grappling with the management of large volumes of invoices, expense re...
View articleOne of the UK’s leading independent accounting firms have launched a new leadership development program for members of its team. Hurst is first ...
View articleOn January 27, it was reported EY had quit as auditor to Asda amid one of its senior partners starting a romantic relationship with billionaire chief ...
View articleThe creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...
View articleThe construction and property sectors, among others, bear the brunt of the crisis. Urgent measures are necessary to alleviate the burden of debt and f...
View articleLarge regional disparities remain in salaries across the UK, but in general, wages are on the rise. The cost of living is the greatest concern for tho...
View articleHMRC tax investigations into individuals and small businesses have increased in the last year from 232,000 in 2021/22 to 248,000 in 2022/23*, accordin...
View articleThe ICAEW now requires a minimum number of CPD training hours annually, with at least 1 hour of ethics training. Read More...
View articleThe UK government has pledged £500,000 to facilitate the recognition of accountancy and audit qualifications abroad. Announced by the Department of Tr...
View articleThis regulatory update aims to simplify the reporting process, reduce administrative burdens, increase accuracy, and provide real-time reporting capab...
View articleUltimately, firms must adapt to the changing dynamics of the accounting profession by creating attractive office environments that foster collaboratio...
View articleDains Group has announced the successful acquisition of two strategic businesses, McInerney Saunders Chartered Accountants and Magma Chartered Account...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View articleFacing a global talent shortage, accounting firms are turning to technology to attract and retain top talent. Tech-savvy firms offer streamlined opera...
View articleAccounting errors can distort financial statements and mislead stakeholders, as seen in the recent ADM case. This article guides you through identifyi...
View articleThe GECS report indicates that concerns among accountants about increased costs have eased slightly. However, these concerns remain elevated by histor...
View articleUK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...
View articleThe legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...
View articleDespite the increased interest in AI and ML, only 12% of respondents indicate their organisations have adopted AI and ML within their audit functions....
View article