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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

Topic Hub

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 reports record financial sanctions of £46.5m in past year

The Financial Reporting Council (FRC) has announced its annual enforcement review which…

Construction, manufacturing and retail account for 40% of administrations

Data from The Gazette Official Public Record revealed construction, manufacturing and retail…

EY to pay $100m fine over US ethics exam cheating

‘Big Four’ accounting firm Ernst and Young’s (EY) US arm has agreed to pay a record $100m…

HMRC reduces its overall debt balance, but new debt continues to rise

Following the accumulation of record levels of overdue debt as the result of the COVID-19…
Scottish tax measures for plastic packaging come into force

Scottish tax measures for plastic packaging come into force

A ban has been in place since 1 June in Scotland on what has been referred to by the…

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

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

FCA strengthens consumer protection with new powers

Former Redcentric CFO jailed for five and a half years

The FCA has announced that former Redcentric Plc CFO, Tim Coleman, has been sentenced to…

Deloitte names new partner in its legal privacy practice

Deloitte has announced the appointment of Cavan Fabris as a partner in its legal data…
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