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Business | Underwood: profiling an accounting practice

Understanding the way accounting practices are run, the priorities for the year ahead and the costs of services on offer is critical for growth, with regulatory pressures such as Making Tax Digital playing a key role in the future, says Keith Underwood, managing partner of Foulger Underwood

Finance | Research shows Big Four ‘too cosy’ with ex-audit CFOs

When a CFO or other top executive of a company being audited was formerly employed by the accounting firm conducting the audit there is a risk from the ‘familiarity threat’ which can undermine audit independence and ‘breed coziness’, according to a report from the American Accounting Association which says the ‘revolving door’ might need to be closed
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