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 […]

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 &

The chief executive of the world’s leading accountancy body says that changing culture is crucial in correcting the under-representation of women on boards and is calling for lasting change to correct anti-female bias at the top of business. Helen Brand, from ACCA (the Association of Chartered Certified Accountants) is calling on businesses to appoint more

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

The COVID-19 pandemic has radically altered every step of the hiring process and some of the changes may be here to stay. Riva Gold, Canada Editor at LinkedIn News, has asked recruiters and hiring managers how their process has shifted since the start of COVID-19. Click on the image below to find out some of

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

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

The growth of global remote working could seriously diminish the UK government’s tax take as workers fail to return to the UK, according to tax and advisory firm Blick Rothenberg. The COVID-19 lockdown has seen thousands of UK-based workers leave the UK for at least part of the lockdown period. They continue to work overseas

Digital technology has been a vital safety net for so many organisations throughout the pandemic. Looking ahead, it’s become clear that digital tech and the skills gained during the pandemic have the potential to help the charity sector stay resilient over the much longer term. Digital can help charities adapt more quickly to challenges, bounce

Risk management as we knew it has been catapulted by the ongoing pandemic, and accountants have been presented with an unmissable opportunity to reassess how they can add more value in this transformation. Rethinking Risk for the Future looks at the reality, from ACCA’s members’ points of view, about how COVID-19 has made them reassess