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Regulation
FRC consults on funding the Audit, Reporting and Governance Authority
The Financial Reporting Council (FRC) has launched a new consultation on its draft proposals for how the new regulator, the…
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Comment
The Draft Audit Reform Bill – Does it go far enough?
What was your initial reaction to the Draft Audit Reform Bill following its publication in May? My initial reaction was…
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Advice & Best Practice
Is it time for organisations to transition away from spreadsheets?
Planning well is vital when it comes to creating intentional growth and sustained success. Every aspect of every business function…
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People Moves
UHY Hacker Young advises on World Options sale
UHY Hacker Young has advised on the sale of World Options, a tech-enabled shipping service provider, on its majority buyout…
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Advice & Best Practice
The path to modern accounting – and why it matters now
As the world enters a period of heightened economic uncertainty, rising inflation and vulnerability to market swings means many businesses…
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People Moves
EY bolsters EMEIA Financial Services team with new hire
EY has appointed Ben Firth to lead its Financial Services Internal Communications and Engagement team across Europe, spanning 18 markets…
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Accounting Firms
Begbies Traynor acquires Mantra for £18m
Begbies Traynor has acquired Axiom Consulting and Investments Limited and Ellayaan Limited, which together trade as Mantra, a London-based property…
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Accounting Standards
Deloitte audits need little improvement, FRC finds
The FRC has found that Deloitte required only few improvements in the way it carried out its audits as part…
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HMRC
HMRC issues 80% more penalties for tax return mistakes
HMRC has handed out 80% more penalties for “careless errors” made by taxpayers in their tax returns, with 89,317 penalties…
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Accounting Standards
Mazars and BDO audits deemed ‘unacceptable’ by FRC
The Financial Reporting Council (FRC) has dubbed the audits of challenger firms Mazars and BDO “unacceptable” in its annual inspection…
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