Top 50+50: Firms grow fees despite navel-gazing
July 23rd, 2015
LAST YEAR Accountancy Age spoke of a profession that was looking to take advantage of increased businesses sentiment, more liquidity and better economic conditions. The latest Accountancy Age Top50+50 Survey, supported by Wolters Kluwer, shows that firms have continued to grow fees, as expected. ...
Whistleblower Laws Fail to Curb Toshiba Accounting Fraud
July 23rd, 2015
One of the more intriguing questions stemming from the Toshiba Corp. accounting scandal is this: Where was the whistleblower? Top executives at the Japanese industrial conglomerate, which makes everything from refrigerators to nuclear reactors, padded pretax profit by at ...
‘Brexit’ fears haunt London’s roaring trade in euros
July 22nd, 2015
If there is a symbol of British ambivalence to Europe then it may be the euro itself. The capital of euro trading prospers outside the euro zone, but London’s dominance of the $5.3 trillion-a-day foreign exchange market could wane if ...
Outcome of disciplinary case against Grant Thornton UK LLP, Alastair Nuttall and Marcus Swales
July 9th, 2015
The Financial Reporting Council (FRC) announces the outcome of the disciplinary case in connection with Grant Thornton UK LLP (Grant Thornton), Alastair Nuttall and Marcus Swales, Audit Engagement Partners in relation to Manchester Building Society. Settlements agreed amongst the ...
ACCA: Be aware of financial activity alarm bells, warns CCAB Anti Money Laundering Task Force
July 1st, 2015
Accountants’ ‘professional scepticism’ is the first line of defence in tackling money laundering and terrorist financing, says guidance issued today by the Anti-Money Laundering Taskforce of CCAB, the collective forum of accountancy bodies ICAEW, ACCA, ICAS, CIPFA and Chartered ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
One in 20 registered audit firms quit the market in last year
June 23rd, 2015
Almost one in 20 firms registered to audit company accounts in the UK have quit the line of work in the past year, the FRC‘s annual assessment of the profession has found. According to statistics from the reporting watchdog, the ...
ACCA position as the number one accountancy body operating worldwide
June 22nd, 2015
ACCA Membership Growth Tops 5% as employers back qualification to ‘Deliver Complete Finance Professionals’ ACCA announces member and student numbers An increase of more than five per cent in member numbers means that ACCA’s (the Association of Chartered Certified ...
New ACCA Middle East team on hand to boost the accountancy profession in the region
June 12th, 2015
To support the development of the accountancy profession and the growing needs of its expanding customer base in the Middle East, ACCA (the Association of Chartered Certified Accountants) has transformed its regional team to meet the demand. Lindsay Degouve ...
ACCA and IIA join forces to boost internal audit industry with new exam and specialised resources
June 3rd, 2015
Internal audit exam offered to ACCA members alongside membership of the IIA ACCA (the Association of Chartered Certified Accountants) has agreed with the IIA (the Institute of Internal Auditors) to develop their Certified Internal Auditor (CIA) Challenge Exam that ...
