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Image for ey court facing ps2bn nmc audit negligence claim

Business | EY in court facing £2bn NMC audit negligence claim

Big Four auditor EY is in the High Court defending allegations of ‘deficient audits’ for the work of its Middle East audit team for now collapsed NMC Health as it faces multibillion pound damages claim by administrators

20 May 2025

Accountancy Firms

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Business | UK-EU deal will ‘slash red tape and bureaucracy’

UK strikes defence and fishing deal with EU, signals urgency to finish negotiations to reduce red tape at borders for exporters, visa-based travel scheme for young people and access to eGates at EU airports

19 May 2025

Image for just four first timers sunday times rich list

Business | Just four first timers in Sunday Times Rich List

The Sunday Times Rich List shows little change at the top with only four people entering the top 300 for the first time while former prime minister’s wealth falls by £11m

19 May 2025

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Business | Transferring assets before insolvency challenged by creditors

Simon Fawell, partner at Signature Litigation warns the need to prove intent is not to be taken lightly when making a claim under s423, despite Supreme Court ruling in El-Husseiny case over transferring properties prior to insolvency

19 May 2025

Restructuring & Insolvency

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Business | Growth up 0.2% in March but ‘worrying’ outlook

Accountancy sector grew near record 5.5% in March as the latest GDP figures were in positive territory for the third month running, as quarterly growth hit 0.7%

15 May 2025

Accountancy Firms

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Business | AI and ethics issues for accountants

Ethical AI means using the technology in a way that protects human responsibility and compliance in financial reporting, not jeopardising accountability, objectivity, and professional competence, warns Charis Thomas, chartered accountant and chief product officer at Aqilla

14 May 2025

Accountancy Firms

AI & Technology

Image for frp acquires one advisory group

Business | FRP acquires One Advisory Group

Listed business restructuring expert, FRP Advisory has acquired One Advisory Group, a financial reporting and governance firm, in an £8m deal marking 14th acquisition since IPO in March 2020

12 May 2025

Restructuring & Insolvency

Image for trump agrees uk us trade deal cherished allies

Business | Trump agrees UK-US trade deal with ‘cherished allies’

The US and UK have signed a groundbreaking trade deal which will see the auto sector protected from some tariffs, announcing the decision at a joint press conference

8 May 2025

Accountancy Firms

Image for interest rate only cut 425 economy its knees

Business | Interest rate only cut to 4.25% as economy ‘on its knees’

The Bank of England cut interest rates to 4.25% in an reduction as fears about US tariffs heighten economic risk and UK economy falters, but it is not enough to stimulate growth

8 May 2025

Accountancy Firms

Restructuring & Insolvency

Image for icaew strengthen disciplinary sanctions

Business | ICAEW to strengthen disciplinary sanctions

Accountants are likely to face tougher sanctions when ICAEW completes a review of disciplinary sanctions to create a third tier of misconduct and penalties by Q4 of this year

7 May 2025

Accountancy Firms

Accounting Consultations

Corporate Governance

Image for insider fraud finance leaders need get their act together

Business | Insider fraud: finance leaders need to get their act together

Finance leaders are supposed to act as gatekeepers of corporate integrity, but they are failing with many too scared to report incidents of fraud, warns Daniel Ball, chief product officer, Medius

6 May 2025

Accountancy Firms

AI & Technology

Image for apprentice accountant personal journey

Business | From apprentice to accountant: a personal journey

With apprenticeships now a key part of the training mix at accountancy firms, Max Whiteley ACA, product domain expert at Dext, explains why he took the apprentice route rather than university

2 May 2025

Accountancy Firms

Image for cybercrime why accountants are first line defence

Business | Cybercrime - why accountants are first line of defence

With M&S in the headlines after a cyberattack, Jill Knesek, chief information security officer at BlackLine, looks at how finance and accountancy teams can protect their businesses against cybercrime

30 Apr 2025

Accountancy Firms

AI & Technology

Image for pwc not clocking people and out

Business | PwC not ‘clocking people in and out’

Big Four firm PwC claims monitoring is a vital part of the three-day office working policy when questioned by Lords committee, while ad agency WPP requires four-day attendance

29 Apr 2025

Accountancy Firms

Image for banks must give 90 days notice close accounts

Business | Banks must give 90 days’ notice to close accounts

Businesses and individuals will have a 90-day notice period in future before banks can shut down their bank accounts to curb unexplained debanking

28 Apr 2025

Accountancy Firms

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Business | Why do so few women lead accountancy firms?

Gender parity in leadership remains elusive and while more women are present in the boardroom, few hold the seats of real power and decision-making, says professor Geeta Nargund, chair of The Pipeline

25 Apr 2025

Accountancy Firms

Leadership & Management

B&ADTV

Croner Intelligence: created by experts, powered by AI

Q&A: tax on property business profits

Q&A: VAT deregistration and 30-day rule

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