A third of UK audits need improvement
According to the UK’s Financial Reporting Council ‘s (FRC) annual audit quality inspection results 2020/21, nearly one third (29%) of audits inspected by the regulator still require improvement. The annual...
Coding and the accountancy profession
Digital adoption is on the rise, and accountants are increasingly being asked to leverage digital to enhance the value they...
IFRS Sustainability Standards proposal supported by AICPA & CIMA
The Association of International Certified Professional Accountants (the Association), representing AICPA & CIMA, expressed support for the IFRS Foundation’s proposed...
Following Uncle Sam: what it means for UK entrepreneurs
Rarely does a day go past without tax reform rearing its head in a daily financial news bulletin. In particular,...
Fines against finance directors drop sharply
The number of fines issued to finance directors of large businesses by HMRC has dropped sharply from 148 to just...
Latest News
IRBA opens consultation on Enhancing Disclosures in Audit Reports
South Africa’s Independent Regulatory Board for Auditors (IRBA) has published a consultation paper Enhancing Disclosures in the Auditor’s Reports in…
Pass rates announced for ACCA’s June exam sittings
Despite the continued disruption caused by the Covid-19 pandemic, most Association of Chartered Certified Accountants (ACCA) June exam sittings were…
HMRC investigations in ‘full swing’ following Covid-19 disruption
HMRC’s investigations into taxpayers suspected of tax evasion and avoidance appear to be in ‘full swing’ again, following disruption caused…
Challenger firms increase their share of FTSE 250 clients
UK challenger firms have increased their share of FTSE 250 audits, up from 4.8% to 7.6%, according to data from…
Latest Features
Working from home: five things that are still killing productivity, and how to beat them
It has been over a year since we were asked to start working from home, yet many of us are still plagued by the same...
Chinese Underground Banking: how accountants can aid the crackdown
Chinese Underground Banking is big business and poses a threat to accountants and agents. Anyone dealing with Chinese clients can help combat this danger and...
University finances: prioritising well-being and cost control
Finance directors across the UK have been challenged by the pandemic, but universities have faced particular issues with loss of revenue from overseas students, the...
Recognition of the profession and ACCA’s collaborative approach
Maggie McGhee, executive director governance explains what recognition means for ACCA, its members and the accountancy profession Being recognised for your professional capabilities is a...
Is accountancy ready for the next Google update?
The next Google update is approaching fast. June 2021 will see Core Web Vitals (CWV) become a ranking factor for search. Becky Simms, founder and...
Climate-proofing: your next capital raise depends on it
All investment classes are now wide awake to the next systemic shock facing the global economy – the climate crisis – and they are actively...
Christine Nicholson on Bridging the Gap between Business Owners and Accountants
Christine Nicholson wants accountants and business owners to get acquainted with what she refers to as the ‘C’ word. “Lets face it- if you think...
Is Martin Bissett putting the Accountability Back into Accountancy?
We caught up with Martin Bissett, who is speaking at the Digital Accountancy Forum on 17th June, on compliance vs. advisory approaches, the scarcity narrative...
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Expert Commentary & Analysis
View MoreHow to prepare for returning to the office
Laura Little, learning and development manager at wellbeing charity CABA As we edge closer to the end of lockdown across the UK, with most restrictions already lifted in England,…
Why accounting firms are facing a cloud security challenge
The firms that adapted best to the sudden onset of Covid-19 were those that had already starting work on cloud-centric transformation projects, but there are also risks involved, writes Bharat…
Robots will be colleagues, not enemies
The march of automation and robots, artificial intelligence (AI) and machine learning (ML) are impacting our workplaces. A recent study suggests 77% UK business leaders see robots becoming part of…
Taking care of yourself this exam season
Jessica French, Learning and Development Manager at CABA, the charity supporting the wellbeing of Chartered Accountants and their families comments For student accountants, exam periods seem to roll round every…