Total revenue for the Top 75 accounting firms hit a record £17.7bn in 2020 as firms managed to weather the first few months of the first lockdown without reporting a hit to fee income as growth rates exceeded 5%, but profit figures were down. Philip Smith analyses the results

Julie Matheson, regulatory partner accounting services at law firm Kingsley Napley LLP, examines the government’s audit reform proposals, asking whether this is a golden opportunity for mid-tier audit firms or a poisoned chalice?

Directors need to be careful to avoid paying illegal dividends or they could become personally liable for company liabilities, warns tax and advisory firm Blick Rothenberg