Audit reform looks like it could finally take a step forward after being included in the King’s Speech. A long-waited commitment to audit and corporate governance reforms has been included in the King’s Speech. More than 35 bills and draft … Read More
The possibility of swift progress on audit reform will be keenly watched as the Department for Business has already posted an update to guidance Audit reform is now under the remit of the new secretary of state for business, Jonathan … Read More
Increasingly complex tax rules are creating a surge in vacancies for tax trained specialists across the UK with demand up 40% this year Vacancies in personal tax have seen the greatest surge, with a five fold increase in the monthly … Read More
US-based firms Aprio, PKF O’Connor Davies, Carr, Riggs and Ingram, and Armanino are all planning to sell stake Ten of the 30 largest accountancy groups in the US could soon be owned by private equity groups, the Financial Times has revealed. … Read More
Almost half (45%) of firms are being “severely” or “significantly” affected by skills shortages and a total of 74% of respondents said that compared with three years ago, the shortages have got significantly worse. A new global accountancy report has … Read More
The report examines the impact of five themes: firm structure and operational model; leadership and culture; talent; technology; financial performance and service lines The ICAEW has published a report that explores the evolution of mid-tier accountancy firms following a survey of managing partners … Read More
A delay in creating a tougher British auditing regulator means the current watchdog is “sheriff of only half a county”, beholden to the goodwill of accountants for funding and data, lawmakers were told. After the collapse of builder Carillion, retailer … Read More
Few institutions wield as much influence and prestige in the history of accountancy as the Institute for Chartered Accountants in England and Wales (ICAEW). Established as a pioneering force in the realm of accountancy, the ICAEW has played an instrumental … Read More
The FRC is set to transition to the new Audit, Reporting and Governance Authority (ARGA) from April 2024 The UK government has long proposed reforms to the audit and corporate governance framework. Back in September 2020, Sir Tony Redmond’s Independent review into the oversight … Read More
Gen Z talent are more likely to put D&I at the forefront of their job search, with 76% of this age group rating it as a key factor in their choice of organisation Some 64% of UK finance professionals have … Read More