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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

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Enforcement

Our coverage on Enforcement examines regulatory actions and disciplinary proceedings affecting UK accountancy firms and professionals. Accountancy Today reports on enforcement activities by bodies such as the Financial Reporting Council (FRC) and HM Revenue & Customs (HMRC), highlighting cases involving audit failures, breaches of professional standards, and non-compliance with tax obligations. We provide insights into recent sanctions, including fines and bans imposed on firms and individuals, and analyze the implications of these actions for audit quality, corporate governance, and professional accountability. This coverage supports accountants, partners, and compliance officers in understanding the evolving enforcement landscape and its impact on the accountancy profession.

Enforcement

Our coverage on Enforcement examines regulatory actions and disciplinary proceedings affecting UK accountancy firms and professionals. Accountancy Today reports on enforcement activities by bodies such as the Financial Reporting Council (FRC) and HM Revenue & Customs (HMRC), highlighting cases involving audit failures, breaches of professional standards, and non-compliance with tax obligations. We provide insights into recent sanctions, including fines and bans imposed on firms and individuals, and analyze the implications of these actions for audit quality, corporate governance, and professional accountability. This coverage supports accountants, partners, and compliance officers in understanding the evolving enforcement landscape and its impact on the accountancy profession.

FRC sets out public interest principles

The Financial Reporting Council (FRC) has published a set of principles that it will use to…

MPs call for crackdown on advisors enabling tax avoidance schemes

FCA executive director Mark Steward to step down

FCA begins probe into Mazars audit of Studio Retail

The Financial Reporting Council (FRC) has revealed it has commenced an investigation in…

FRC’s new guidance even more essential in light of recent audit failings

Significant fines on big audit firms have become all too familiar. The latest audit…

Using moratoriums to create a legal fence during a company’s time of crisis

In situations where a company faces a temporary cash flow crisis that damages its balance…

Ethics over fines: why accountants need to be on the right side of history 

According to the United Nations, between 715 billion and 1.87 trillion Euros are laundered…

What is the register of overseas entities?

On 1 August 2022, the UK’s new Register of Overseas Entities (the “ROE”) came…

HMRC receives 14,000 furlough fraud reports from whistleblowers

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

Former Carillion execs fined £870k over ‘reckless’ statements

The FCA has revealed that former Carillion executives are facing over £870,000 in collective…
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