At the outset of the Lehman Brothers operation, Tony Lomas said he thought it would prove larger and more complex than Enron or MG Rover – both administrations he worked on. Following the shock ...

No longer confined to traditional assurance functions, auditors are now expected to be at the forefront of innovation, guiding their clients through the complexities of AI adoption and providing the ...

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 ...

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 ...

Tim Willcox, Joanna Gosling and David Eades were targeted by HMRC as part of a crackdown on freelancers using personal services companies to avoid certain taxes and are looking at paying £920,000 ...

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 ...

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 ...

PwC has secured a landmark agreement to become the largest customer and first reseller of OpenAI‘s enterprise-focused ChatGPT product, a development that promises to redefine the way businesses ...

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, ...

The findings from the Azets Barometer January 2024 survey highlight a concerning ‘blind spot’ in the cyber security posture of UK businesses. Despite the increasing prevalence of cyber threats and ...

Skills shortages and shifts in employee demands brought on by the pandemic will combine to create an all-time high of talent strategy changes in the accounting and professional services industries, ...