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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.

FCA publishes proposal to strengthen financial promotion rules

The Finance Conduct Authority (FCA) has published proposals to strengthen its financial…

How has the audit reform impacted mid-tier accountancy firms?

The reform Business secretary Kwasi Kwarteng recently let the UK know that the government…

Can reform fix the UK’s auditing crisis?

Auditing in the UK, as well as its reputation globally, has been tarnished by a slew of…

Pension fraud hits £1.8m in 2021

Some £1.8m has been lost to pension fraud in the first three months of 2021, according to…

ICAEW issues support for Companies House reforms

The Institute of Chartered Accountants in England and Wales (ICAEW) has publicly issued its…

J5 targets global fintech fraudsters

The Joint Chiefs of Global Tax Enforcement (J5) has announced the launch of a coordinated…

Debt owed to HMRC rises to £65.5bn

The amount of debt owed to HMRC from UK businesses and taxpayers has trebled to £65.5bn from…

FRC welcomes BEIS audit reform

The Financial Reporting Council (FRC) has welcomed the consultation launched by the…

Audit reform could cost businesses more than £430m a year

The new audit reforms proposed by the government could cause businesses to face around £430m…

FRC to investigate Deloitte’s audit of Lookers

The Financial Reporting Council (FRC) will commence an investigation into the audits made by…
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