The Post Office scandal, which unfolded between 1999 and 2015, saw hundreds of sub-postmasters wrongly prosecuted and even imprisoned due to faulty accounting software known as Horizon. As the fallout ...

The ECCTA aims to strengthen the overall business landscape in the UK. It enhances the function of Companies House by empowering us with increased enforcement capabilities which will allow us to ...

The perception and recording of marketing expenditures call for a significant reassessment. Traditionally, these expenditures are treated as operating expenses, recorded on the income statement and ...

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 ...

The Financial Reporting Council (FRC) has imposed a historic fine of £21 million on KPMG for its audits of Carillion, the government contractor that collapsed in 2018. The FRC today (October 12) ...

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 ...

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 ...

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 ...

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 Accountancy Age 35 under 35 returns for 2025, shining a spotlight on the profession’s rising stars. Each year, the ranking recognises young accountants who are not only excelling in their careers ...

A former KPMG employee has been banned from provisional membership of the ICAEW after he admitted submitting more than £25,000 in false expense claims. Vikas Gupta of Urmston in Manchester had been ...