Audit
Audits provide independent assurance on the accuracy of financial statements, including statutory audits for large corporates or internal audits. Audit services are essential for transparency, accountability, and regulatory compliance. Reporting includes developments in the audit landscape, from regulatory reform and public interest scrutiny to firm performance and innovation in audit methodology. Coverage also includes updates from the Financial Reporting Council (FRC), discussions around audit quality and independence, and key developments affecting both the Big Four and challenger firms in the audit space.
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Jul- 2025 -17 JulyAudit
FRC unveils guidance to improve SME audit market
The Financial Reporting Council (FRC) has launched a consultation on guidance aimed at helping auditors deliver more proportionate audits, having published emerging findings from a market study on how effectively the audit market serves SMEs. The guidance and interim findings are part of a year-long FRC campaign to help SMEs…
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16 JulyPeople Moves
Beever and Struthers partner appointed HLB Global IFRS leader
Beever and Struthers audit partner Joe Diston has been appointed as the new Global IFRS leader for HLB International. Diston joined Beever and Struthers in 2023 and was promoted to partner this year. In his expanded global role, he will lead IFRS strategy and technical alignment across the HLB network,…
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16 JulyTech
RSM UK unveils strategic partnership with IntellixCore
RSM UK has announced a strategic partnership with IntellixCore, a specialist AI consultancy to super-charge its plans to become the UK’s leading AI-powered audit, tax and consulting firm. The partnership will be enabled through an AI Orchestration Platform to underpin RSM’s transformation to an AI-centric operating model. To power this…
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16 JulyEconomy
‘No excuse’ for further regulation reform delays, ICAS warns
The Institute of Chartered Accountants of Scotland (ICAS) has warned that there is “no excuse” for further delay in bringing forward the draft Audit and Corporate Reform legislation that aims to boost investor confidence. It comes as the House of Commons Business and Trade Select Committee (BTC) is set to…
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15 JulyPeople Moves
HW Fisher promotes two senior staff to partner and director roles
Accountancy firm HW Fisher, part of Sumer Group, has promoted Mark Taylor to partner in its business solutions practice and Pierre-Luc Beneytout to director in its forensic division. Taylor has more than 17 years’ experience in professional services, including six years in audit. He provides accounting and tax advice across…
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15 JulyPeople Moves
HaysMac appoints Sarah Redstone as property audit director
HaysMac has announced the appointment of audit director Sarah Redstone to its property team as part of its ongoing expansion in the sector. Redstone, who officially took up her new role yesterday (14 July), joined the firm with 12 years of experience in the property and construction sector. She has…
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15 JulyBig Four
AuditBoard and Deloitte expand GRC partnership in Germany
AuditBoard has expanded its partnership with Deloitte to offer tailored governance, risk and compliance (GRC) solutions and local support for joint clients in Germany and across Europe, the Middle East and Africa (EMEA). As part of AuditBoard’s recent entry into the German market, Deloitte Germany has set up a centre…
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14 JulyAccounting Firms
Xeinadin acquires Dudley’s AGS Accountants
Xeinadin has announced its acquisition of AGS Accountants and Business Advisors, which expands the firm’s presence in the West Midlands as part of its ongoing M&A strategy. The professional services firm, which is among the UK’s top 20 by size, said the move would strengthen its footprint in the region…
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11 JulyFeatures
Six reasons document scanners are an accountant’s best friend
Let’s face it: no one enters accountancy for the paper. Yet many accountants find themselves drowning in receipts, contracts, invoices—and that infamous plastic wallet of “properly filed” documents from clients. In fact, 56% of UK accountants say manual tasks consume too much of their time*. As tech advances, so do…
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10 JulyAccounting Firms
Clive Owen advisory team delivers record £25m grant support
The grants advisory team at Clive Owen has reported a record first half of 2025, securing more than £25m of grant funding for its clients. Led by partner Carl Wright and manager Eleanor Kay, the firm supported more than 50 businesses across the UK over the past six months, with…
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