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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 fines PwC £15m over LCF audit

The FCA has fined PwC £15m after it failed to alert the regulator of its belief that London…

SMEs targeted by HMRC crackdown on National Minimum Wage non-compliance

Small and medium-sized businesses (SMEs) in 11 UK regions are being targeted as part of an…

ACCA welcomes gov’s proposed AI cybersecurity code

ACCA has welcomed the UK government’s proposed AI cyber code as a useful starting point for…

ICAEW renews calls for ARGA amid FRC audit report

The ICAEW has renewed calls to establish ARGA as a new regulator whilst welcoming the FRC’s…

The Economic Crime and Corporate Transparency Act: an overview

The Economic Crime and Corporate Transparency Act 2023 (ECCTA), which received Royal Assent…

FRC publishes latest annual enforcement review

The Financial Reporting Council (FRC) has published its sixth annual enforcement review…

Enhancing tax oversight with data-led compliance

As HMRC conducts its role as overseer of the UK’s tax environment, it continues to look at…

Half of employees think corporate integrity is up, finds EY

Nearly half (49%) of employees and board members believe that integrity standards within…

Five ways to improve audit efficiency

Audit quality is at the heart of audit. It helps ensure an organisation’s financial…

FRC fines Crowe UK £144,000 for audit failures

The FRC’s Enforcement Committee has fined Crowe UK LLP £144,000 after concluding it failed…
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