TWO INDIAN AUDITORS have been barred from practising as accountants for their role in the USD1 billion Satyam Computer Services scandal. The Institute of Chartered Accountants of India (ICAI) has ...

Accounting firms in the UK must take heed of the direction of travel towards cryptocurrencies and digital assets to remain competitive, according to Joe David, founder and managing director at Nephos ...

A critical skills shortage continues to plague accounting and professional services in 2022. New research indicates a gap of 22%, to be precise. Meanwhile, the UK accountancy M&A market has gathered ...

A 49% uptick in the amount of extra tax collected from investigations into large corporates shifting profits overseas is an indicator that HMRC is ramping up its scrutiny multi-national tax avoidance ...

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 ...

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 ...

The Financial Reporting Council (FRC) recently announced plans to overhaul corporate governance in the UK and in addition published guidance for auditors – the first of its kind in the UK – to help ...

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 ...

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, ...

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 ...

Ever since calls were made by UK-listed firms to delay the long-awaited overhaul of the auditing industry back in June 2021, the silence from Department for Business Energy & Industrial Strategy (BEIS ...

Grant Thornton is reportedly exploring a plan to unify its US and UK/Irish operations through a potential three-way merger. Earlier this year, Grant Thornton’s US business made headlines when it sold ...