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Latest News & Blogs

A selection of the latest accounting news and blog posts.

Is this all we can aspire to as a profession? Is an NPS of 20 all we can aspire to as a sector? It’s time to rethink how technology and skill works together says James Poyser, CEO of inniAccounts.

Frenkel Topping launches new accountancy service for clients Frenkel Topping has today announced its value-added accountancy joint venture with Forth's Accountancy to assist with tax planning for its clients. The Salford-based specialist IFA will utilise Equatas to provide its clients with a full end-to-end service, as up until now, this particular element had been outsourced.

Record revenues for accountancy firm MHA Moore and Smalley Practice opened its Liverpool office at 20 Chapel Street in the heart of the city's commercial district in October last year and has now seen four successive years of income growth. Tony McDonough reports. Accountancy firm MHA Moore and Smalley is reporting annual turnover up 7% to £17.77m for the 12 months to March 31.

Haines Watts wins Accountancy Firm of the Year award AN ACCOUNTANCY firm with a Swindon office has won a top accolade. Chartered accountants and business advisers Haines Watts have been voted Accountancy Firm of the Year at the annual FDs' Excellence Awards. The 15th largest accountancy firm in the UK, has teams all over the country including offices in Swindon and Trowbridge.

Watford FC reveals exclusive partnership with Harrow-based accountancy The business began in 2004 and has achieved much acclaim for its services to small businesses; contractors; sole traders; and within the construction industry. Business development manager, Rikesh Shonchhatra, spoke about the new partnership: "We enjoy seeing DNS Associates being associated with Watford FC and other multi-million-pound companies.

Accountancy firm relaunches under new management following buy-in A County Durham-based accountancy firm has relaunched with a new name following buy-in from a new partner supported by a funding package from Barclays. Accountants Paul and Laura Smith have successfully negotiated a deal to become the new partners of the former Murray and Lamb practice, with the new partnership known as Smith and Co Accountants.

This bootstrapped startup provides finance and accounting vocational training to make students more employable Simandhar Education team. Sripal also attained his own certification during a visit to the US. While dabbling in market research, he discovered Becker, a company offering educational resources for professionals in the accounting and finance fields, among others.

North East accountancy secures buy-in thanks to Barclays funding A County Durham accountancy firm has launched with a new name following buy-in from a new partner thanks to funding from Barclays. Local accountants Paul and Laura Smith have negotiated a deal to become the new partners of Stanley and Spennymoor-based practice formerly known as Murray and Lamb.

Appointments: New hires and promotions in accountancy, media, housing and finance Mitchell Charlesworth, Magenta Living and Acumen Financial are all reporting internal progression and new people coming in to their businesses. Liverpool accountancy firm Mitchell Charlesworth has strengthened its audit and accounts team with four promotions and a new appointment.

Accountancy firm moves to plush new premises A SKIPTON based accountancy firm which has recently moved to new premises and appointed a new director says uncertainties over Brexit are having little impact on the town which it says is actually continuing to grow and to develop.

Quinlan & Co launch accountancy app for the self-employed Naas accountancy firm Quinlan and Co has developed an app to help the self-employed manage their finances. Not only does the Quinlan and Co app remove the paperwork from its user's accountancy experience, but it has a host of handy add-ons too.

How to make flexible working work for you If you have a team, you must respectfully communicate with each other regarding time, and freely allow your staff to decide what time they want to allocate for work, around their own life - productivity becomes the measure of trust when your team are working a different routine to yours.

Fourth successive year of growth for accountancy firm Home / East Midlands / News / Fourth successive year of growth for accountancy firm Turnover at East Midlands-based accountancy and business advisory firm MHA Moore and Smalley has reached almost £17.8m. The latest results, for the year ending March 31, show the firm's revenue rise 7% from last year's £16.6m.

Patisserie Valerie: Five people arrested over 'accountancy fraud' at cafe chain The chain was put up for sale earlier this year after the discovery of alleged fraud, but has recently been brought out of administration.

Spalding trainees pass accountancy exams Time to celebrate for Asif and Jordon.

Feedback led to change in FRS102 on Director's Loans Comments and push-back from accountants led to the change in FRS102 which gives an exemption on director's loans, according to Steve Collings who was speaking last Friday at AAT's annual conference.

IR35 "nudge" letters from HMRC - what you need to know A leading voice in UK contracting has drawn awareness to letters contractors have been getting from HMRC with regards to their IR35 status.

Embracing digital transformation in accountancy We're in the midst of a digital revolution and every sector, including the accountancy profession, is feeling the impact. Consumers expect to be able to access goods and services on a 24/7 basis, and this expectation is spreading into every aspect of our lives, including our finances.

HMRC loses £13.2bn in tax to criminals HMRC today released statistics on the tax gap for 2017-2018, and revealed the overall underpaid tax has risen from £33bn in 2016-17 to £35bn, or 5.6% of all expected tax revenue. Most notably, the £35bn tax gap includes £5.3bn that HMRC attributes to evasion, £4.9bn attributed to criminal attacks, and £3bn to the hidden economy.

Proposed fines "do little" to tackle late payment problems Proposals announced by the UK government to fine large companies who continue to pay small businesses late do not go far enough, according to UHY Hacker Young. "Whilst a deterrent for businesses, these fines do little to help recipients of late payments," said Peter Kubik, partner at UHY Hacker Young in an email.

CEO of Barclaycard Payments: CFOs nervous in "confusing" tech market In an era of heightened economic uncertainty and the demand for real-time data insights, the crowded accounting software market is confusing and nerve wracking for CFOs who fear making the wrong decision.

Huddersfield-based accountancy firm celebrates success with staff in Spain A Huddersfield accountancy practice has already surpassed its financial targets for 2019 and has celebrated with a company trip to Spain. Bradley-based Crowther Chartered Accountants took employees on a weekend away to Alicante on 14th to 17th June 2019.

Quiz: Can you spot the usage and word errors? This quiz gives you practice in identifying errors in standard grammar and usage with screenshots of material posted online. In the answers, we’ve used terms that you might not have heard beyond English grammar and composition classes.

Does the ICAEW love Brexit? Recent media coverage of a pronouncement by ICAEW Chief Executive Michael Izza gives the strong impression that the Institute has now embraced Brexit with a.

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