Alongside this, the total disclosed deal value also rose from £12.5bn in 2023 to £20.2bn in 2024 M&A activity in the UK’s financial services industry picked up in 2024, with a 26% year-on-year increase in the number of deals, according to … Read More
The Financial Reporting Council plans no additional staff hires in the next 12 months as it reins in costs after double hit from ‘unexpectedly high’ public sector pay rises and next year’s national insurance hike In a change of direction and … Read More
Discover why talent retention is the top challenge for UK accountancy firms and how they’re adapting to thrive in 2025 and beyond The biggest challenge facing UK accountancy firms isn’t macroeconomic uncertainty or regulatory compliance—it’s people. A striking 67% of … Read More
The number of companies who had to withdraw financial results of companies is up from 122 in the same period last year and more than double the figure four years ago The number of US companies that withdrew financial statements due to … Read More
The Big Four auditors earn 98% of audit fees for the largest UK companies while clients face soaring costs with prices up 27% in a single year While 13% of FTSE 350 audits are carried out by mid-tier and challenger … Read More
ACCA, the Association of Chartered Certified Accountants, will celebrate 120 years since its creation this weekend (30 Nov- 1 Dec). Founded in London by a group of eight accountants on 30 November 1904, it has since grown into a global … Read More
In a series of meetings and panel discussions, ACCA is raising awareness of how adoption of sustainability disclosures is driving investment in sustainable businesses Global ccountancy body ACCA is pushing for adoption of sustainability reporting standards at this year’s COP29 in Azerbaijan. In a … Read More
The number of firms registered to carry out statutory audit work in the UK and Ireland has dropped again and is close to dipping below the 4,000 mark. The number of audit firms registered with the recognised supervisory bodies continues … Read More
The business, which was formerly known as Smith and Williamson, decided to consolidate its brands under a new name back in June of 2022 Evelyn Partners’ private equity owner reportedly could be looking to split off its accounting arm in … Read More
“There are indications that audit quality is being challenged by changing market conditions with an unprecedented movement of complex audits from larger to smaller firms which is requiring those smaller firms to move quickly to upscale their risk and quality … Read More