The UK’s wealthiest 1% of households hold almost £800bn in assets official statistics show, raising their share of household wealth to 23%, according to the Resolution Foundation
In this month’s round up, Gateley Legal’s Sophie Brookes examines the consultation on an overhaul of financial reporting requirements at Companies House, misuse of dividend payments as director loans and what constitutes a ‘de facto’ director
This month's exclusive Accountancy Daily CPD module focuses on director’s national insurance contributions, understanding the special calculation rules and which, if any, exceptions may be available to exempt them
Stockbrokers Charles Schwab UK Ltd (CSUK) have been fined £8.96m by the Financial Conduct Authority (FCA) for failing to adequately protect client assets, carrying out a regulated activity without permission
Accountancy Daily brings you a selection of cases involving members of the accounting profession – and a few others – who did not escape the long arm of the law during 2020
KPMG’s global results reveal a pre-pandemic growth rate of 5% had been cut to -1% by the end of the financial year, which finished with KPMG firms’ annual aggregated revenues standing at $29.22bn, compared to $29.75bn the previous year
FTSE 250 oil and gas explorer Cairn Energy has won a long running corporate tax dispute with the Indian government, which has been ordered to pay the company damages of $1.2bn plus interest and costs
The Financial Reporting Council (FRC) is consulting on plans to revise the standards for an audit firm’s responsibilities to design, implement and operate a system of quality management, in response to changes made by the International Auditing and Assurance Standards Board (IAASB)
With just two shopping days to go, and non-essential shops shut across large parts of the country, tough trading conditions have already hit the sector with a 24% leap in the number of struggling retailers in the final quarter of the year
EY has come to the aid of sporting fans and others who want to get back to attending matches and other live events, with the launch of a wireless-enabled technology solution designed to address social distancing concerns
Accountants have inevitably been giving their clients free business advice this year as they face up to the challenges of the pandemic, but can now turn this into profitable business. AVN’s Shane Lukas highlights the pitfalls and tips on how to expand advisory services in 2021