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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.

HMRC’s tax investigation yield jumps to £30.8bn in past year

HMRC’s tax investigation yield jumps to £30.8bn in past year

The total revenue HMRC generated from tax investigations and other compliance activity has…

How HMRC plans to claw back billions lost to Covid scheme abuse

The Government is ramping up their investigations into suspected abuse and fraud of its…

FRC to investigate MacIntyre Hudson audits of MRG Finance

The Financial Reporting Council has commenced an investigation into MacIntyre Hudson’s…

Insolvency Service appoints two new directors

The Insolvency Service has announced the appointment of two new directors to its Official…

HSBC Bank fined £63.9m over anti-money laundering failings

Being part of the solution to fraud

Between 2020 & 2021, Action Fraud logged 875,622 reports of fraud, costing the UK…

Mid-market fears end to ‘light touch’ over IR35, Grant Thornton warns

Grant Thornton has revealed that with HMRC’s ‘light touch’ approach to IR35 compliance…

ACCA welcomes EC consultation on strengthening corporate reporting

The Association of Chartered Certified Accountants (ACCA) has welcomed the most recent…
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