Popular now
Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

Topic Hub

Breach

Our coverage on breaches focuses on regulatory, legal, and financial incidents where organisations—particularly accountancy firms and their clients—fail to meet statutory, professional, or compliance obligations. Accountancy Today reports on audit breaches, data protection failures, HMRC penalties, and disciplinary actions taken by regulatory bodies such as the FRC, ICAEW, and Information Commissioner’s Office. We analyse enforcement trends, the impact of governance failures, and remedial actions required across the accountancy and financial services sectors. Our editorial also examines reputational risks and regulatory expectations for firms operating in a heightened compliance environment. This coverage equips accountants, compliance officers, and firm leaders with essential insight into breach-related developments and their implications.

Breach

Our coverage on breaches focuses on regulatory, legal, and financial incidents where organisations—particularly accountancy firms and their clients—fail to meet statutory, professional, or compliance obligations. Accountancy Today reports on audit breaches, data protection failures, HMRC penalties, and disciplinary actions taken by regulatory bodies such as the FRC, ICAEW, and Information Commissioner’s Office. We analyse enforcement trends, the impact of governance failures, and remedial actions required across the accountancy and financial services sectors. Our editorial also examines reputational risks and regulatory expectations for firms operating in a heightened compliance environment. This coverage equips accountants, compliance officers, and firm leaders with essential insight into breach-related developments and their implications.

HMRC receives 14,000 furlough fraud reports from whistleblowers

The HMRC has received 13,775 whistleblower reports regarding fraud against the furlough…

FRC fines PwC £1.75m over BT audit fraud discovery

The Financial Reporting Council (FRC) had fined auditor PricewaterhouseCoopers (PwC) £1.75m…

Wise CEO under investigation for tax breach

Wise, the money transfer group, has revealed that CEO and co-founder Kristo Käärmann is…

Accountancy sector responds to ‘half-hearted’ UK audit reform announcement

The accountancy sector has responded to new proposals outlined by the government regarding…

HMRC using Kittel Principle to target supply chain VAT fraud

Company directors who either commit VAT fraud or fail to demonstrate procedures to prevent…

Better training could fix accountancy firms’ cybersecurity blind spot

It is no secret that any disruption to an accountant’s operations is going to be damaging –…

Five ways to protect your practice from cyberattacks

Of all the things keeping accountants up at night – and yes, sadly there are many – few…

How digital transformation is driving change in accountancy recruiting

In 2019, a Sage report found that the majority of accountancy firms were investing in new…

Director receives ban for ‘risking’ £200,000 worth of pensions funds

The Insolvency Service has issued an eight-year disqualification to Philip James Hopkinson,…
Secret Link