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Latest News & Blogs

A selection of the latest accounting news and blog posts.

North east accountancy practice acquires competitor A north-east accountancy firm is continuing to expand its client base with the completion of a six-figure acquisition. SBP Accountants and Tax Advisers has agreed a deal to buyout established Aberdeen business, Norman Gray and Co, which will grow the client base by an additional 500.

Morpeth based accountancy firm shortlisted in 2018 British Accountancy Awards North East accountancy firm, Wellway, has been shortlisted for the Independent Firm of the Year Award in the British Accountancy Awards 2018. Having entered for the first time this year, Wellway are well on their way towards making their mark in the national accounting industry.

Merseyside accountancy firm announces Trio of appointments to support business growth Directors of Butterworth Barlow Gavin Butterworth and Barry Barlow have recruited Ellie Ash, Imogen McDonnell and Gemma Lyne as Accounts Assistants, providing support to the existing team.

FRC strikes out at PwC's BHS audit quality following leaked report The Financial Reporting Council has slammed Big Four accounting firm PwC following a leaked report on BHS audits. The accounting watchdog accused PwC of making "incomplete, inaccurate, and misleading" statements about BHS's financial situation just before it was sold for £1.

Top 10 benefits of outsourced IT support As a business owner you may think that an in-house IT department for all technical support and services is the way to go however, there are many reasons why a business would benefit from outsourced IT services. So here are my Top 10 benefits of taking on outsourced IT support:.

Albert Goodman announces merger with Bristol-based specialist medical accountancy firm South West chartered accountants, tax consultants and financial planners, Albert Goodman, has today announced a merger with specialist medical accountants, MW Medical, based in Westbury-on-Trym, Bristol.

What can I claim when working overseas? Claiming on your expenses can be tricky enough in the UK, but what about when you have to travel abroad for work? Here's what you can and can't claim for. Claiming expenses can be a confusing process.

Accountancy firm merges with medical specialist South West accountancy firm Albert Goodman has merged with a Bristol-based medical specialist. MW Medical will become part of the Albert Goodman group while retaining its own well-recognised trading name and will continue to operate out of its current premises on Westbury Hill.

Monthly news roundup with Lucy Skoulding Every month Accountancy Age are bringing you the top stories that have impacted the accounting industry, so make sure you tune in to keep up to date with everything that's going on. BT Group's accounting error was big news.

Stockport accountancy firm completes acquisition Home / North West / Deals / Stockport accountancy firm completes acquisition Stockport accountancy firm Booth Ainsworth has completed the acquisition of Whitehead and Co Accountants which has been based in the town since 2002. The deal is par of their plans to expand and develop corporate services.

Accountancy watchdog slams PwC over BHS audits The Financial Reporting Council has launched a damning indictment against PwC over its handling of BHS after its £1 sale by Philip Green to the serial bankrupt Dominic Chappell.

Big Four accountancy firms are 'run like sweet shops for their partners' Clive Hyman, a former partner at leading audit firm KPMG which has been at the centre of a number of scandals, said lower-ranking staff were suffering because of bad management decisions.

Autumn Statement: tax gap under further attack New penalties are planned for those who enable the use of a tax avoidance scheme, announced in the Autumn Statement speech. "The UK tax gap is now one of the lowest in the world", claimed Philip Hammond yesterday "We must constantly be alert to new threats to our tax base, and be willing to move swiftly to counter them".

Brookson responds to consultation on IR35 reforms in the private sector In our response to the consultation we have proposed a number of key recommendations for the Government to consider; including:.

Droitwich accountancy firm celebrates taking on its 200th staff member The practice, which has been operating for 35 years and now has eight offices across Worcestershire, has welcomed its 200th member of staff. Peter Ormerod, the senior partner, said the firm was really proud of its 'incredibly special achievement'.

Planning for Brexit This article is really exploratory since it seems likely that many readers will be desperate to get tips from any of their peers who have already addressed this matter in a thorough and detailed fashion and have the answers to any of the questions raised or maybe even all of them.

Tech devices, which will you choose? Bag a tech gift for you and a fellow contractor when you recommend a friend. You and a fellow contractor can bag yourself a free tech gift from Brookson with our recommend a friend scheme. Both of you will be able to choose from a new laptop or tablet when your contact has signed up.

'Truly different' accountancy firm increases revenue again The results means the business has doubled its turnover in three years, as well as appointed nine new partners, hiring over 90 new starters and expanding into the West Midlands market after acquiring Clement Keys.

Practitioner or guru: Who is best placed to support small practices? In the accountancy sector in the UK, there is a proliferation of coaches, advisers, gurus, consultants, growth specialists - call them what you want - who all want to tell us how we can grow a bigger, better more profitable practice, faster and do it working fewer hours.

August Talk: Countdown to MTD for VAT Taking a smartphone photo of expense receipts as they are incurred and feeding them directly into a reporting platform that can prepare the necessary quarterly figures for HMRC lies at the heart of the government's MTD vision, so it makes sense for practitioners to go down that route.

Global accountancy giant EY acquires Wirral-based 'disruptive' law firm From its headquarters in Bromborough, Riverview Law provides fixed-fee legal services for blue-chip clients and is a market leader in the utilisation of digital technology. Tony McDonough reports. A Wirral-based specialist law firm with offices in Manchester, London and New Jersey in the US has been acquired by global accountancy giant EY.

Accountancy firm in Bradley Stoke shortlisted nationally ACCOUNTANCY firm Dunkley's has been named as a finalist for the Independent Firm of the Year awards. The Bradley Stoke based business has bene shortlisted in the South West category.

Directors promoted at Leeds accountancy firm Leeds-based accountancy firm Kirk Newsholme Chartered Accountants and Business Advisers has promoted three new directors. Longstanding senior managers Ben Maughan and Stephen Parnaby in the business services team, and Andrew Thomas in the firm's audit team, have been promoted.

GDPR: The silver lining within the compliance cloud After two years of anticipation, the General Data Protection Regulation 2016 came in to force on 25th May 2018. Prior to this, the last impactful piece of data protection legislation was the Data Protection Act 1998.

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