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A selection of the latest accounting news and blog posts.

What does a career in audit involve? While key soft and interpersonal will be expected, as with many jobs in the accounting industry, prospective employers will also look for specific skills, including:. Why auditing? There are lots of reasons to pursue a career in auditing, both for your enjoyment and for good future prospects.

A matrix to solve employment status confusion Determining what does constitute self-employment is a contentious issue, with employment tribunals now a regular occurrence. And at IPSE, the Association of Independent Professionals and the Self-Employed, we see this as a problem.

Accountancy giant Deloitte enters legal services market Final member of the 'Big Four' granted ABS status. Accountancy giant Deloitte has been awarded an alternative business structure licence, six months after it unveiled plans to go head-to-head with law firms. The Solicitors Regulation Authority has approved Deloitte's application to operate as a multi-disciplinary practice.

Women in Business: Renee Mengali, Mengali Accountancy 205 Foss Creek Circle, Healdsburg 95448. Read more profiles of 2018 Women in Business winners: Renee Mengali of Mengali Accountancy in Healdsburg wins a North Bay Business Journal Women in Business award.

PwC auditor spent just two hours on BHS audit, says chairman The audit report for BHS' 2014 accounts was signed off on by PwC just days before Sir Philip Green sold the department store chain for £1. Although he said these actions were "unacceptable", Ellis added that they did not impact the audit opinion itself.

Managing director of Price Bailey on the British Accountancy Awards and opportunities ahead Managing director of Price Bailey Martin Clapson speaks to Accountancy Age about the firm's 2017 British Accountancy Awards win, the biggest challenges of 2017, how technology is being leveraged by the firm and what challenges the accountancy industry are facing this year.

Clean Air Day: Environmental sustainability in the accountancy industry Deloitte recognises that, as a global company, its work has an impact on the environment, so it has promised to play its role in environmental stewardship. Its sustainability policy has two sides to it.

National accountancy firm continues growth plans with two appointments Accountancy firm Haines Watts is continuing its growth plans with two new appointments across its offices in Newcastle and Darlington. The national company now employs over 35 staff in the North East, working with over 650 regional businesses including SMEs and not-for-profits.

Harrogate accountancy firm to expand workforce after move to larger premises Will and Co, the Harrogate-based accountancy firm, has moved to new offices and announced plans for further recruitment after winning 20 clients in the first half of this year. The company has relocated to larger premises in Windsor House and plans to appoint a further full-time accountant to its team before autumn.

Why we'll be talking about banks at Accountex 2019 In the first part of this three-part mini-series, I looked at the platform vs suite debate and asked whether technology investment will be driven primarily by compliance or client experience? This week I'm going to look at why banks want to be your friends again, and the new propositions they're developing to make this happen.

Dorset accountancy firm relocates An accountancy firm in Dorset has relocated with 29 staff making the move to new premises. Albert Goodman has moved from its seafront location to a new facility at the Granby Industrial Estate on the outskirts of Weymouth. The new office at Leanne House gives the firm more space in an open-plan setting.

Former RSM Tenon finance director handed five-year accountancy ban Russell McBurnie, the former finance director of collapsed audit firm RSM Tenon, has been banned from the accountancy profession for five years by the Financial Reporting Council. The FRC has also fined Mr McBurnie £60,000, which was reduced to £57,000 for settlement, and ordered him to pay £825,000 towards the costs of the investigation.

FASB simplifies accounting for share-based payments to nonemployees FASB on Wednesday released an Accounting Standards Update designed to improve the financial reporting for share-based payments issued to nonemployees for goods or services. The ASU broadens the scope of FASB ASC Topic 718, Compensation - Stock Compensation, which currently covers only share-based payments to employees.

What we have learned about mental health at work? Accountancy Age put out a survey to its audience last month to ask about their thoughts and experiences around mental health at work.

How you can de-risk your R&D tax claims Apart from wasting time and money, an erroneous claim can damage the reputation of a company and sour relations with HMRC. Preparing your claims in-house or using your regular accountant can result in perfectly adequate claims, usually by smaller companies for the more straightforward R&D projects.

Where could an accountancy qualification lead you? You don't need to have your heart set on being a traditional accountant before doing one, since the skills they teach are relevant for many career paths and the doors they open could lead to a multitude of different careers.

How to tackle insider fraud at your business - Charity advice - Menzies However there is no evidence to suggest that fraud in the sector is any less prevalent than in other sectors, and in fact some evidence suggests that the attitudes in the charity sector help encourage it, as trust in people is higher which allows fraud, especially insider fraud, to go unnoticed.

Big Four audit failures The 2017/18 report shows a 6% decline in audits that were either perfect or only needed limited improvements. As a result, less than three-quarters of audits hit a level that most of us would regard as being barely acceptable.

Africa: England's Accountancy Institute Allays Fears Over Africa's Debt Lagos - Several African countries have reported a rise in their gross domestic product despite fears over increased debt according to the Economic Insight: Africa Q2 2018 report launched yesterday by the Institute of Chartered Accountants in England and Wales.

An insight into working at EY While Stilwell feels her opinion is somewhat limited, having been at EY for a lot of her career, she shares how flexible and understanding the firm have been. "I have had three children in the time I've been at EY.

New technology advisory services partner at MHA MacIntyre Hudson Top 20 firm MHA MacIntyre Hudson has announced the appointment a new partner to lead its technology advisory services practice - a newly created practice within the firm. Gavin Davis has joined the firm from BDO where he was responsible for the technology consultancy team.

Declare unpaid UK tax liabilities now, or risk paying double Under the 'Requirement to Correct' regime, HMRC is asking taxpayers to declare and settle any unpaid UK tax relating to offshore assets before 30 September 2018. After that date, if HMRC discovers unpaid UK tax liabilities, they will apply a default penalty of 200 percent of the tax due.

Bank of England SME security concerns offer no solutions The in-house blog of the Bank of England recently contained an article raising concerns about the scale of SME owners using their family homes to secure business lending. According to the report, around half of all bank facilities provided to small business are secured in this way.

Big Four accountancy firms dubbed a 'cancer' after KPMG lashing by regulator AN industry expert today accused "culturally deficient" Big Four accountants of spreading a "cancer" through corporate Britain in the wake of a damning verdict on their work by the sector's watchdog.

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