Christmas parties during the festive season are popular with most accountants and tax advisers, but do not let behaviour cross the line and consider whether relationships at work should be declared, says Simon Wright, managing director of CareersinAudit.com

Andersen Global, the international association of tax specialist firms set up by former Arthur Andersen staffers, has added a fourth UK firm, announcing a collaboration with Claritas Tax Ltd, a tax advisory and compliance services firm based in Birmingham

A Glasgow mobile phone boss who submitted false tax returns and fake accounts, resulting in non payment of over £500,000 in tax, has been banned for ten years following an Insolvency Service investigation

KPMG International has announced record aggregated network revenues of $29bn (£22.9bn) for the fiscal year ending 30 September 2018, with a 7.1% increase on the previous year in local currency terms

The BBC has failed to deliver value for money in its programme to build a new set for the TV soap EastEnders, according to a report by the National Audit Office (NAO) which said the broadcaster underestimated aspects of complexity, cost and risks of its approach, resulting in a 45% budget overspend

EY, PwC and KPMG have followed Deloitte’s lead in disclosing that they have also recently fired partners over accusations of bullying and sexual harassment, in what is being seen as a move to encourage a more inclusive culture at the Big Four

The Competition and Markets Authority (CMA) has announced a range of reforms to the investment consultancy sector, following a market investigation undertaken at the request of the Financial Conduct Authority (FCA)

Eddie Stobart, one of the UK’s leading supply chain, transport and logistics companies, has announced it has appointed PwC as its new auditor, replacing KPMG

The International Accounting Education Standards Board (IAESB) has launched a consultation on possible changes to international standards for the teaching of IT skills, following increased demand for proficiency and the disruptive effects of new technology in many sectors

Jersey’s decision to allow the creation of limited liability companies (LLCs) will allow the island to attract more US-based clients and offer more flexibility than the current partnership status based on English law. James Willmott, partner and David Patterson, associate, corporate finance at Carey Olsen, examines the options

BDO saw a global combined fee income from its international network of independent member firms of $8.99bn (£7.13bn) for the year ended 30 September 2018, representing a year on year growth of 10.7% in US dollars and 8.3% at constant exchange rates

The government is to take action on the abuse of Scottish limited partnerships (SLPs) with a package of measures designed to introduce more stringent checks and greater transparency, including closer monitoring by Companies House