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Image for ey partner earnings drop fee income hits ps245bn

Business | EY partner earnings drop as fee income hits £2.45bn

Partner earnings at EY have fallen matched by a modest rise in annual fee income of £2.45bn, up 1.5%, as the Big Four firm focuses on improving diversity at partner level and investing in audit quality

19 Nov 2019

Business

Accountancy Firms

Careers

Leadership & Management

Image for wealth series divorce and financial planning part 2

Tax | Wealth series: divorce and financial planning – part 2

Divorce is never easy but splitting the financial assets can be tough. Melanie Wotherspoon ACA, client development director at Rathbone Investment Management, provides tips and advice on how accountants can help clients facing divorce

19 Nov 2019

Tax

Personal Tax

Tax Planning

Image for grant thornton takes ps18m staffline audit

Finance | Grant Thornton takes on £1.8m Staffline audit

AIM-listed recruitment group Staffline has hired Grant Thornton after PwC resigned the audit account in the summer over concerns about potential covenant breaches

19 Nov 2019

Auditing

Corporate Governance

Image for nhs could pay doctors pension tax ahead hectic winter

Tax | NHS could pay doctors pension tax ahead of hectic winter

Doctors have been promised their tax bills for higher rate pension relief could be covered by the NHS in efforts to get them working overtime shifts

19 Nov 2019

Tax | Q&A: VAT myth buster

In our regular Q&A series from Croner Taxwise, Hilary Budd is myth busting five VAT questions from taxable turnover for Making Tax Digital to input tax on electric vehicles

19 Nov 2019

Business | FTSE 100 CFOs dominated by men as gender diversity stalls

The majority of CFOs in the FTSE 100 are men, with only 14 of the top finance jobs held by women

19 Nov 2019

Business

Companies

Careers

Leadership & Management

Image for quantuma moves bristol office grow practice

Business | Quantuma moves Bristol office to grow practice

Business advisory firm Quantuma LLP has taken on more office space and plans to double staff numbers

19 Nov 2019

Business

Accountancy Firms

Careers

Leadership & Management

Image for frc wants power set audit fees

Finance | FRC wants power to set audit fees

The beleaguered audit regulator, the Financial Reporting Council (FRC), is planning to ask the next government for new powers to set auditor remuneration rates

18 Nov 2019

Auditing

Corporate Governance

Image for pwc fails ward multimillion negligence claim

Finance | PwC fails to ward off multimillion negligence claim

PwC has failed in a High Court bid to ward off a pending multimillion euro negligence claim against the Big Four firm

18 Nov 2019

Tax | Conservatives will not cut corporation tax rate to 17%

Boris Johnson has told the CBI Conference that the Conservatives will not cut the current corporation tax rate from 19% as set out in the Budget

18 Nov 2019

| Revised Ethics Code requires changes to audit standards

The International Auditing and Assurance Standards Board (IAASB) is consulting on minor amendments to the International Standards on Auditing (ISAs) to match the revised ethics code for accountants

18 Nov 2019

Accounting Consultations

Image for us part delays credit loss and lease accounting standards

Finance | US part delays credit loss and lease accounting standards

The US Financial Accounting Standards Board (FASB) plans to defer certain effective dates for upcoming accounting standards on current expected credit losses (CECL), leases, hedging and long-duration insurance contracts

18 Nov 2019

Tax | HMRC cleaners plan strike action on Merseyside

Members of the Public and Commercial Services Union (PCS) employed by ISS to clean HMRC offices on Merseyside are due to take six days of strike action over pay

18 Nov 2019

Tax

HMRC

Image for steinhoff swaps auditors mazars after accounting problems

Finance | Steinhoff swaps auditors to Mazars after accounting problems

South African retail giant Steinhoff international, which owns Poundland in the UK, has hired Mazars Netherlands as auditor, replacing Deloitte

15 Nov 2019

Auditing

Corporate Governance

Image for meps plan clampdown online platforms close eu5bn vat gap

Tax | MEPs plan clampdown on online platforms to close €5bn VAT gap

European lawmakers are set to tighten rules for large online platforms such as Amazon and eBay to recover billions in lost VAT from sales through their sites

15 Nov 2019

Tax

VAT

Politics

Image for pwc ranks top accounting firm worker satisfaction

Business | PwC ranks top accounting firm for worker satisfaction

Accountants and auditors are the happiest and most loyal workers in the UK, but where are the top firms placed?

15 Nov 2019

Business

Accountancy Firms

Careers

Leadership & Management

Image for hmrc urges taxpayers affected flood get touch

Tax | HMRC urges taxpayers affected by flood to get in touch

Business owners affected by flooding should contact HMRC’s Business Payment Support Service (BPPS) for help with tax problems, while BEIS is offering help through business recovery grants

15 Nov 2019

Finance | Deloitte’s ethnicity pay gap remains static

Big Four accounting firm Deloitte has reported a slight improvement in its ethnicity pay gap, as it declined from 43.9% in 2018 to 43.5% in 2019

15 Nov 2019

Finance

Accounting Standards

Image for people news mha henderson loggie duff phelps cowgills

HR | People in the news: MHA Henderson Loggie, Duff & Phelps, Cowgills

In this week’s accountancy career moves, senior hires and partner promotions at MHA Henderson Loggie, Duff & Phelps and Crowe, FD appointed at Beard and tax team expands at Cowgills

15 Nov 2019

Business

Careers

Leadership & Management

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Latest news

Business | EY partner earnings drop as fee income hits £2.45bn

Tax | Wealth series: divorce and financial planning – part 2

Finance | Grant Thornton takes on £1.8m Staffline audit

Tax | NHS could pay doctors pension tax ahead of hectic winter

Tax | Q&A: VAT myth buster

Business | FTSE 100 CFOs dominated by men as gender diversity stalls

Business | Quantuma moves Bristol office to grow practice

Finance | FRC wants power to set audit fees

Finance | PwC fails to ward off multimillion negligence claim

Tax | Conservatives will not cut corporation tax rate to 17%

| Revised Ethics Code requires changes to audit standards

Finance | US part delays credit loss and lease accounting standards

Tax | HMRC cleaners plan strike action on Merseyside

Finance | Steinhoff swaps auditors to Mazars after accounting problems

Tax | MEPs plan clampdown on online platforms to close €5bn VAT gap

Business | PwC ranks top accounting firm for worker satisfaction

Tax | HMRC urges taxpayers affected by flood to get in touch

Finance | Deloitte’s ethnicity pay gap remains static

HR | People in the news: MHA Henderson Loggie, Duff & Phelps, Cowgills