In this week’s career moves, partner promotions and hires at BDO, PKF Littlejohn, ICAEW, Forvis Mazars, Sumer Northern Ireland, Deloitte Legal, Baines Jewitt, EY
EY reports fee income of £3.78bn as partner pay rises despite ‘challenging market’ and audit and tax revenue both up, balancing out losses in consultancy division
Leadership changes at the Association of Accounting Technicians (AAT) as Lucy Cohen, co-founder of accountancy firm Mazuma, appointed president, making her the youngest ever to hold this role, and Craig Dyer becomes vice president
The LLP model for accountancy firms is under threat from latest talk of a wholly new concept of Partnership NICs, and brings more than just higher tax bills, warns Ivor Gwilliams, legal director at Fox & Partners
Partners at RSM in the US and UK vote overwhelmingly in favour of plan to create a ‘transatlantic partnership’ with new LLP structure and leadership board with collective decision making powers over strategy and investment
The largest accountancy institute in the country is cutting costs with nearly 147 staff put at risk of redundancy by ICAEW, with letters sent to 17% of employees
Court rejects direct discrimination claim by XTX Markets that mid-tier accountancy firm Mazars refused to handle the company’s payroll business as the owner was Russian
As Budget rumours swirl, partners in limited liability partnerships could face a tax rise with the Treasury looking to raise £2bn by making LLPs pay employer national insurance
With the latest CPD year set to close shortly, accountants need to make sure their points are up to date as ICAEW starts to take a much tougher view on non-compliance, explains Ollie Garrod ACA
Mid-tier firms need to pay attention as private equity investors target low hanging fruit, selling the opportunity to scale fast but finding the right partner is crucial, explains Simon Read, managing director of Accountants for Sale
The days of senior partners riding on earlier success don’t really cut it these days, Heather Townsend, founder of The Accountants’ Growth Club, so what does it take to get every fee-earning partner at the firm winning new business