Financial crises are as old as the financial industry itself, but the number of high-profile corporate collapses in 2018, allied with a trio of major reviews into the audit industry, are placing the ...
The Post Office scandal, which unfolded between 1999 and 2015, saw hundreds of sub-postmasters wrongly prosecuted and even imprisoned due to faulty accounting software known as Horizon. As the fallout ...
Figures show an significant rise in firms choosing to outsource their accounting services, with a near 40% increase in global spend and a 20% surge in interest over the last five years. Vipul Sheth, ...
It’s official, accounting firms with at least 75% technology integration are 63% more likely to report significant revenue growth compared to less integrated firms. Yet Wolters Kluwer’s recent global ...
Remote working, compliance rules, and mundane responsibilities are feeding into the silent crisis of burnout, creating an overwhelmed and overloaded workforce within the accountancy industry. A new ...
Each month, Accountancy Age delivers a comprehensive update on the key people moves and promotions that have taken place among the UK accountancy market’s top 100 firms. (January 2) – BDO appoints ...
The accounting industry is at a pivotal juncture. Technology is broadening its parameters, but also burdening accountants who need to rapidly upskill themselves to keep up – let alone take advantage.
The total known value of IR35 liabilities amassed by UK public sector bodies has now reached approximately £300m after the UK Research and Innovation agency (UKRI) was hit with a fresh £36m bill. The ...
When Andrea Leadsom called for action after corporate collapses at Carillion, BHS, Thomas Cook and Patisserie Valerie, much was expected of an imminent government response. In October 2019, the then ...
There is an accounting shortage in the US. The American Institute of Certified Public Accountants (AICPA) estimates that about 75% of CPAs would have reached retirement eligibility by 2020. Coupled ...
In the midst of political flux, potential UK entrepreneurs are hesitating to launch new businesses, primarily due to the uncertainty brought about by the upcoming general election, a new study by ...
UK accountancy bodies and firms must work together to continue supporting individuals’ professional development amid the “unprecedented” pace of technological advancements, according to Gail Boag, ...