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 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
It comes following reports earlier this summer that CVC Capital Partners, the private equity backer of Six Nations Rugby reportedly held discussion with the firm over acquiring UK and Irish affiliates Swedish global investment firm EQT has reportedly joined the … Read More
The FRC’s report, which was published today, showed that the overall quality of audits has improved as 74% of firms were categorised as good or requiring limited improvement The ICAEW has renewed calls to establish ARGA as a new regulator whilst welcoming … Read More
Advancetrack’s Accounting Talent Index survey found three-quarters of the firms reported partner hours had increased, with 42% of cases showing an increase of more than 20%, or an extra day per week Almost 90% of worldwide professionals have stated that … Read More
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