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UK Audit Reform: Key Takeaways from the Government’s Extensive Proposals

The UK government’s audit reform proposals aim to restore trust and corporate governance, but questions remain on how the proposed changes will be implemented and the full extent of their impact on accountants and businesses alike. The UK government’s recent consultation on the audit reform proposals is much more than simply audit reform. It aims […]

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Accounting Firms Losing Out On Talent in “Candidate-led Market”

Skills shortages and shifts in employee demands brought on by the COVID-19 pandemic will combine to create an all-time high of talent strategy changes in the accounting and professional services industries. Research suggests the pandemic has led to significant skills shortages across the accounting industry. In fact, a recent report published by the Professional &

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Paying back the Pandemic

There are many reasons to feel optimistic that some form of normal life is beginning to re-emerge from the COVID-19 pandemic. But for many SMEs it is hard to see the bright side. Our Managing Director, Morlai Kargbo FCCA, features in the August edition of the ACCA’s AB Magazine. Morlai provides sound advice on the

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Post-COVID Crash

A post-COVID crash is looming – and Britain’s auditors are asleep at the wheel. As COVID-related state support for precarious firms winds down, much-needed audit reform remains worryingly remote. Like a tedious household repair job, fixing the accounting for Britain’s largest and most important companies is always put off until it’s too late – and

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Charity Commission Business Plan

The Charity Commission’s clear purpose is to ensure that charity can thrive and inspire trust so that people can improve lives and strengthen society. In 2020-21, the two overarching areas of focus were as follows: being open for business and becoming a better, more professional organisation. The global health emergency has presented unprecedented challenges, requiring

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