Over the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a report by the International Ethics Standards Board ...

Traditionally, the UK accounting industry has been built on conservative foundations—partnership models prioritizing ...

Traditionally viewed as a low-margin task, payroll is now a powerful opportunity for accountants and bookkeepers to drive growth, strengthen client relationships, and deliver strategic value. With ...

HMRC has issued new guidance aimed at taxpayers participating in the Making Tax Digital for Income Tax (MTD IT) testing programme. The update provides detailed instructions on adding or ceasing income ...

Q&A Exec Interview Adapting to increased audit fees and regulatory scrutiny Audit fees reached record highs in 2024 due to more rigorous audits and regulatory adjustments. Strategies for managing ...

As we step into 2025, it’s the perfect time to reflect on a year of transformation and resilience in the accounting sector. Jonathan Barber, Executive Director – UK of the Institute of Financial ...

Once the domain of tech enthusiasts and speculative investors, digital assets are now transforming the financial underpinnings of global business. Cryptocurrencies such as Bitcoin and Ethereum, ...

The International Accounting Standards Board (IASB) has introduced targeted amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures, aimed at resolving challenges in ...