FCA fines ex-insurance firm CEO over tax avoidance
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have announced their decision to ban and fine the...
Regulation
IAASB seeking comments on ISA amendments
The International Auditing and Assurance Standards Board (IAASB) is consulting on amendments to the International Standards on Auditing (ISAs) as...
UKFIU: Record number of SARs helped to stop £131m of money laundering
The UKFIU has reported a record number of SARs (suspicious activity reports) submitted in the previous financial year from accountants...
74% of organisations are not ready for new IR35 rules, research finds
Three-quarters of UK organisations are not ready for changes to off-payroll working rules, which are being extended to include the...
Gov pledge to name and shame tax dodgers is failing, says TaxWatch
A government pledge to name and shame “aggressive tax avoiders" has failed to list a single company, according to new...
Deloitte partner fined £120,000 by FRC over Serco ‘misconduct’
The Financial Reporting Council (FRC) has fined a Deloitte partner £120,000 over “misconduct”. The regulator published the settlement agreement in...
CIMA announces changes to ‘Code of Ethics’
The Chartered Institute of Management Accountants (CIMA), has updated its Code of Ethics to “better help finance professionals deal with...
Auditors ‘complicit’ in company failures, Thomas Cook inquiry says
The ‘Big Four’accountancy firms have been “complicit” in a number of high-profile business failures such as that of Thomas Cook,...
FRC should have more ‘power’ and ‘teeth’, study finds
New research from the Financial Reporting Council (FRC) has found that people believe the FRC should have more "power" and...
AAT backs chancellor on minimum wage increase
The Association of Accounting Technicians (AAT) has backed the Chancellor’s plans to increase the national minimum wage to £10.50. Javid...
LATEST HEADLINES
KPMG sells pensions arm to partner-backed Newco
KPMG has reportedly signed a conditional agreement to sell its pensions arm to Newco, in a management buyout deal...
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