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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 says quarter of inquiries still ‘too slow’

While the FRC concluded a record amount of investigations over the past year, it has…

FRC imposed ‘record’ £40.5m in sanctions in FY22

The FRC has revealed that a record number of cases were resolved in the year 2022/23 that…

FRC focuses on ARGA transformation in annual report

The Financial Reporting Council (FRC) has published its annual report 2022/23 highlighting…

PwC and Capita appointed to replace Action Fraud

PwC and Capita have been appointed by the City of London Police as the two new providers of…

FRC publishes Audit Enforcement Procedure consultation response

The Financial Reporting Council (FRC) has announced that it will be moving ahead with its…

HMRC issues £3.2m in money laundering penalties

Hundreds of businesses fined a total of £3.2m for breaching anti-money laundering rules have…

Quantuma appointed to AAX collapse

Quantuma has been appointed to oversee the provisional liquidation of crypto exchange Atom…

FCA urges firms to prepare for Consumer Duty deadline

The FCA has urged firms to ensure they are ready for the impending Consumer Duty deadline on…

FRC to investigate Deloitte over Joules audit 

The Financial Reporting Council (FRC) has launched an investigation in relation to…

Cifas welcomes new Home Office fraud strategy

Cifas, the UK’s leading fraud prevention service, welcomes the launch of the Home Office…
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