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Latest News & Blogs

A selection of the latest accounting news and blog posts.

Tax advisers demand urgent SME action Tax advisers have written to Finance Minister Paschal Donohoe claiming tax law is in need of "urgent reform" in order to support the SME sector through Brexit.

HMRC's contractor loan charge in the news As HMRC prpeares to introduce a retrospective contractor loan charge, the BBC's Paul Lewis explores the impact it will have on thousands of agency workers.

Labour mulls break-up of big four accountancy firms The Labour party is weighing up radical plans to break up the Big Four accountancy firms, amid mounting pressure on the UK's scandal-hit auditors. Shadow chancellor John McDonnell vowed to end what he described as a "cartel" among the country's largest bean counters in the run-up to his party conference this weekend.

Tributes paid to ex-footballer and accountancy firm founder from Wrexham Tributes have been received for a former footballer and accountant from Wrexham who passed away last week. Derek Cole died suddenly last Wednesday at the age of 70.

Materiality - the music video Materiality is an auditor's anthem created by two accounting musicians: Petty Ca$h and Auditor Meri. 10. If a client beats you up, the pimp just sends you to another client. 11. You are embarrassed to tell people what you do for a living. 12. People ask you, "What do you do?" and you can't explain it.

Accountancy firm take space at business park Solihull-based accountancy and business adviser Jerroms has taken space at IM Properties' new FIRST offices at Blythe Valley Park. Jerroms, which currently employs almost 100 people, is looking to increase its numbers by 50 per cent over the next three years.

New analytics tool set to increase productivity and effectiveness for larger accountancy practices IRIS Accountancy Solutions has launched IRIS Analytics in response to partners in practice requiring greater insight into the practice performance.

Why firms in the accountancy sector need to seek talent in more effective ways With close to 30,000 recruitment agencies in the UK, it’s no surprise that many accountancy businesses turn to them when they look to fill their vacancies.

Big four auditor admits misconduct in watchdog investigation Scandal-hit KPMG has admitted to misconduct over compliance reports made for a unit of the Bank of New York Mellon Group in another fresh embarrassment for one of the Big Four accountancy firms.

Ten key points about off-payroll tax Employment status case law is vastly complex and it is inconceivable that HMRC can educate 5.7 million small businesses about how to assess status with any accuracy or certainty.

Accountancy firm outlines growth plans with HQ move Home / West Midlands / Property / Accountancy firm outlines growth plans with HQ move IM Properties' speculatively built FIRST offices at Blythe Valley Park are to be the new HQ of Solihull-based accountants and business advisers Jerroms.

Top 50+50: How diverse are top UK accountancy firms? The Top 50+50 survey has found that there is still a long way to go for the top accountancy firms in pursuit of increasing diversity. While a number of firms have taken measures to improve diversity in their workforce, further progress is required to truly reflect accountancy as an equal, inclusive and diverse sector.

Top UK accountancy firms hit record £15bn fee income in 2018 The top UK accountancy firms hit a record £15.2bn in total UK fee income in the last financial year, according to figures released by Accountancy Age. The Accountancy Age Top 50+50 2018 ranking, published today, revealed that fee income generated by the Top 50+50 firms was up £1bn on last year's figures and £2.1bn up on 2016.

Top 50+50: Ranking reshuffle as firms break £15bn barrier This year's rankings also demonstrated widespread growth across the table - from the Big Four through to the smaller firms in the listing. So which firms are the movers and shakers of 2018? PwC retains the top position in the 2018 ranking, posting fee income of £3.6bn, up 5% on 2017 results.

Two new starters at historic accountancy firm Two new members of staff have joined the team at 140-year-old Leeds-based accountancy firm Thomas Coombs. The good news is, its easy to join, find out more about memberships SUBSCRIBE TO OUR EMAIL NEWSLETTERS REGISTER NOW - IT'S FREE!

North Wales accountancy firm eyes expansion with relocation A family-run accountancy firm is set to become more established in the Llandudno area thanks to the relocation of its offices.

KPMG facing sanctions after admitting to misconduct on compliance report The Financial Reporting Council said on Wednesday that KPMG and one of its partners Richard Hinton admitted that their conduct fell short in regards to a 2011 report on whether two of BNY Mellon's entities were compliant with the Financial Conduct Authority's rulebook on client assets.

Top construction projects in the UK in 2018 Life for a contractor working in the construction industry can be exciting and varied, with so many huge construction projects ongoing in the UK at any given time. Being your own boss gives you the freedom to aim for whatever building work takes your fancy, meaning you can get involved with some of the biggest construction jobs around.

Is artificial intelligence a threat to the profession? Underpinning each of these pieces of kit was some kind of programming, which has become increasingly sophisticated with each new generation of technology. As a result, anyone who started in the profession 30 or more years ago will have seen incredible change in almost every facet.

Top 50+50: Eight highlights from the 2018 ranking As we gear up for the full ranking release on 19 September, we reveal below eight highlights from this year's list. Get involved by sharing your predictions on Twitter with @AccountancyAge and using #AATop50.

Ambode extols Jim Ovia's contributions to accountancy, banking professions Governor Ambode, who spoke at the public presentation of Africa Arise and Shine, a book written by Ovia, said it was important for successful entrepreneurs like the author of the book to tell the story of how they were able to navigate the business climate to inspire others who look forward to be like them.

'Platinum' Accountancy Firm recruits 11 new trainees over the last 12 months MHA Carpenter Box has appointed 11 new trainees over the past year to join their Audit and Business Services teams in both their Worthing and Gatwick offices.

Growing number of apprentices at accountancy firm PM+M - the Burnley chartered accountancy, business advisory and wealth management group - has welcomed its latest group of young apprentices. The firm has appointed seven apprentices this year, which is one more than in 2017. All seven will be completing a three-year training programme.

Relate adds Ardbrook to stable as software firm ramps up growth Accountancy software company Relate has acquired payroll company Ardbrook as it plans to ramp up growth. Founder of Relate Ray Rogers said the company has 75 per cent…

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