The Trump administration has indicated it plans to abolish the Public Company Accounting Oversight Board (PCAOB), the US audit regulator, and roll its functions into the Securities and Exchange Commission (SEC) in its budget blueprint, although immediate action is unlikely

In this week’s accountancy career moves, associate partner at EY, hires at Armstrong Watson and Mazars, CFO at FinnCap Group plc and new Chancellor in Cabinet reshuffle

Accountancy firm Dow Schofield Watts has made a seven-figure investment in Camlee Group, a Manchester-based corporate finance boutique which provides business sales advice to SMEs, in bid to grow the business nationally

The Bank of England is looking to adjust its stress tests for banks, following the introduction of IFRS 9 expected credit loss accounting (ECL), which has led to impairment losses being recognised earlier than previously

Nearly one in five (18%) Brits have had sex on their lunch break, although accountants are the least likely to have time for a lunchtime dalliance and prefer to have a work spouse

Melissa Dube, audit trainee at BDO, talks to Zak Jakubowski about her decision to take the apprenticeship route to ACA qualification rather than a degree in mathematics and finance