Corporate Governance
Our coverage on Corporate Governance provides in-depth analysis of the evolving regulatory landscape impacting UK accountancy firms and their clients. Accountancy Today reports on updates to the UK Corporate Governance Code, including the 2024 revisions effective from January 2025, which emphasize board accountability, internal controls, and transparency. We also examine the transition from the Financial Reporting Council (FRC) to the Audit, Reporting and Governance Authority (ARGA), and the implications of delayed audit reform legislation. Our editorial offers critical insights for accountants, partners, and directors navigating governance challenges, ensuring compliance, and advising clients amid ongoing regulatory changes.
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Jun- 2025 -25 JunePractice
ICAEW urges reporting accountants to adapt for investor confidence boost
The Institute of Chartered Accountants in England and Wales (ICAEW) has published a new paper aimed at evolving the role of reporting accountants in initial public offerings (IPOs) and other capital market transactions. It considers how the reporting accountant’s independent assurance work, which is a “critical” driver of investor confidence…
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May- 2025 -28 MayComment
Audit reform: The key to boosting UK cyber resilience
Last month, I collaborated with the Chartered Institute of Internal Auditors on a joint letter to Rt Hon Jonathan Reynolds MP, Secretary of State for Business and Trade, urging immediate action on audit reform legislation to strengthen the UK’s digital resilience. The letter was supported by other cross-industry signatories. Our…
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28 MayPeople Moves
Equiom names Vicky Stables as Jersey office MD
Equiom has announced the promotion of Vicky Stables to the role of managing director of its Jersey office. Stables joined Equiom in April 2024 as head of Private Wealth and Family Office – Jersey, bringing over 25 years of fiduciary experience. In this role, the firm said she has built…
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14 MayNews-In-Brief
Today’s news in brief – 14/5/2025
BHP has completed its relocation to Albert Works in Sheffield, consolidating its 190 local staff—previously spread across three buildings—into a single city-centre location. The move follows the firm’s sustained growth and includes the integration of its Translink Corporate Finance and BHP Financial Planning teams. Designed by local firm Blokka and…
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9 MayTech
ICAEW backs E-invoicing adoption to lay digital transformation groundwork
Chartered accountancy body ICAEW said it strongly supports e-invoicing adoption – the exchange of invoice documents between a supplier and a customer in a structured digital format – to enhance compliance and lay the groundwork for broader digital transformation, in its response to the government’s e-invoicing consultation. The Institute said…
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Apr- 2025 -29 AprilAccounting Standards
ACCA urges FRC to drive ‘proportionate’ SME audit requirements
Global accountancy body The Association of Chartered Certified Accountants (ACCA), is calling on the UK regulator to ensure that audit requirements for SMEs are “proportionate”, aligning with prevailing international standards. Responding to a consultation from the UK corporate governance regulator the Financial Reporting Council (FRC) Small and medium-sized enterprises market…
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16 AprilAccounting Standards
Chartered IIA and ISACA call for swift audit reform to build digital resilience
The Chartered Institute of Internal Auditors (Chartered IIA) and ISACA, the global professional association helping individuals and organisations in their pursuit of digital trust, have sent a letter to Rt Hon Jonathan Reynolds MP, Secretary of State for Business and Trade, stressing the “urgent need” for audit reform legislation to…
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Mar- 2025 -28 MarchPractice Regulation
ACCA and ACFE team up to combat fraud
ACCA and the Association of Certified Fraud Examiners (ACFE) have signed a Memorandum of Understanding (MoU) to collaborate in key areas to combat business fraud, including thought leadership research and learning. The partnership will build on existing thought leadership collaboration, including on an upcoming ACCA report on combatting fraud, to…
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21 MarchRegulators
FRC unveils three-year strategy to help boost UK growth
The FRC has unveiled plans to continue serving the public interest while actively supporting UK economic growth in a newly published three-year strategy. The new strategy for 2025-28 and annual business plan and budget for 2025-26 set out a series of important changes intended to continue to support businesses and…
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Feb- 2025 -25 FebruaryRegulation
FRC issues updated going concern reporting guidance
The Financial Reporting Council (FRC) has issued an updated guidance to help companies demonstrate the assessments underlying their going concern conclusions. The non-mandatory guidance on the ‘Going Concern Basis of Accounting and Related Reporting including Solvency and Liquidity Risks’ now brings together the requirements of company law, accounting standards, auditing…
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