COVID-19 Support Scheme Fraud

HMRC has conducted more than 12,000 investigations into the use of coronavirus support schemes, including the furlough scheme and the self-employed income support scheme. The tax authority has revealed that thousands of businesses are under investigation for coronavirus fraud following a freedom of information request from the law firm BLM. The 12,000 probes into the […]

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Remote Working Revolution

The relative success of pandemic-era working from home could result in as many as six million white-collar jobs being moved overseas, Tony Blair’s think-tank has warned. The last year has loosened the geographical ties of work, argues a new report from the think-tank, that makes it possible “anywhere jobs” could be done overseas. The new

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Accounting Standards Come Under Fire from UK Lawmakers

A trio of lawmakers in the upper house of the UK parliament have lined up to launch an unprecedented attack on accounting policy issues. In the firing line was the new body charged with endorsing International Financial Reporting Standards for use in the UK, the International Accounting Standards Board’s planned new insurance liabilities accounting standard,

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Accounting Firms: Three Reasons It’s Time for You to Enhance Your Tech Stack

Accountants, like many other professionals, found themselves working remotely during the pandemic, which only further justified the need for accounting firms to upgrade their technology. In 2020, companies of all sizes and sectors were forced to dramatically change the way they work. Inside of a few months, businesses fast-tracked up to four years of digital

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Rethinking Careers

The COVID-19 crisis has made all of us rethink our career aspirations and our futures. It’s transformed the world of work, shaking up how we run businesses and organisations in ways that mean the role of accountants is wider and more important than ever before. And it’s highlighted how this profession offers a secure and

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Ground-breakers: Generation Z and the Future of Accountancy

In the rapidly evolving world of work, as organisations strive to adopt business practices that are more inclusive, sustainable and recognise environmental and social impacts, how they engage with and respond to the Generation Z workforce will be critical to their success. Generation Z are the most globally peer-connected generation in human history, entirely used

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