Latest Accounting News for the UK Accountancy Profession

Accountancy Profession is an accountancy news aggregation site created by accountants for accountants

Fully automated Accountancy Profession continuously collates the latest accounting news and headlines from over 150 sources and links straight to the best accountancy websites. Our mission is to enable accountants to see at a glance developments in the accountancy profession by providing links to all the accountancy news in one place and therefore saving the time consuming task of searching hundreds of sites and blogs.

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Accountancy Age

  • Accountancy Age March App out now

    Accountancy Age March App out now

    Accountancy Age THIS MONTH'S ISSUE of the Accountancy Age App is packed full of interviews, features and analysis. Top of the features list is a deeper review of audit reform in China. Gavin Hinks looks at why the reform has led to a cut in…
    Published - 1 day ago, 7 Mar 14, 12:10pm
  • ICAEW gains final approval to run probate and ABSs

    ICAEW gains final approval to run probate and ABSs

    Accountancy Age FINAL APPROVAL has been handed to the ICAEW in its bid to be a regulator of probate services and a licensing authority for alternative business structures. The Lord Chancellor gave signoff to the institute's attempt to enable…
    Published - 1 day ago, 7 Mar 14, 11:46am
  • Barclays to end 120-year audit relationship with PwC

    Barclays to end 120-year audit relationship with PwC

    Accountancy Age BARCLAYS is to replace PwC as its auditor, ending the Big Four firm's 120-year tenure vetting the books of Britain's second-largest bank. PwC's rivals will be able to compete for the chance to vet Barclays' books as early as…
    Published - 1 day ago, 7 Mar 14, 11:07am
  • More austerity as Treasury faces £20bn black hole

    More austerity as Treasury faces £20bn black hole

    Accountancy Age THE CHANCELLOR faces plugging a £20bn black hole in the public purse as official government economic forecasts. As a result, an additional year of public spending austerity may be required in order to balance the UK's books.…
    Published - 1 day ago, 7 Mar 14, 10:33am
  • Women believe there is no work equality

    Women believe there is no work equality

    Accountancy Age WOMEN are still being hindered at work according to an international survey of more than 40,000 international workers. The PwC research, Next generation diversity - Developing tomorrow's female leaders, found that more than h…
    Published - 1 day ago, 7 Mar 14, 10:25am
  • No pay rise in last year for quarter of accountants

    No pay rise in last year for quarter of accountants

    Accountancy Age MORE THAN a quarter of chartered accountants saw no increase in their basic pay in the last 12 months, according to ICAS. More than half said they believed their pay had not kept pace with the cost of living in the last year…
    Published - 1 day ago, 7 Mar 14, 10:19am
  • John Lewis DB scheme deficit hits £1bn

    John Lewis DB scheme deficit hits £1bn


    Published - 1 day ago, 7 Mar 14, 9:35am
  • EU to raise environmental taxes across member states

    EU to raise environmental taxes across member states

    Accountancy Age THE EUROPEAN UNION could raise €35bn (£28.7bn) by 2016 through an increase in air and water pollution taxes, a report has suggested. A study by the European Commission has claimed that the potential for greener taxes moves…
    Published - 2 days ago, 6 Mar 14, 4:57pm
  • Iris relaunches KashFlow with new accounting practice offering

    Iris relaunches KashFlow with new accounting practice offering

    Accountancy Age IRIS HAS RELAUNCHED cloud-based accountancy software KashFlow, six months after acquiring the business. The relaunch sees KashFlow compatible online across all smart mobile devices, without the need to download apps. The comb…
    Published - 2 days ago, 6 Mar 14, 11:09am
  • Jobs at risk as EY Nottingham office to disappear

    Jobs at risk as EY Nottingham office to disappear

    Accountancy Age EY IS TO CLOSE its Nottingham office, with some jobs under threat as a result. Based in Nottingham's City Gate West, the Big Four firm will consolidate into its Birmingham practice. The decision has been made as EY moves to m…
    Published - 2 days ago, 6 Mar 14, 10:52am
MyFirmsApp

AccountingWEB uk

PwC

Deloitte

KPMG

IFRS Foundation

IAS Plus

  • new'Convergence can never be a substitute for adoption of IFRS'
    At the 8th IFRS Regional Policy Forum currently hosted by Institute of Chartered Accountants of India (ICAI) in New Delhi, IASB Chairman Hans Hoogervorst gave a speech entitled 'Closing the accounting chapter of the financial crisis' in which he deta…
    Published - 8 hours ago, 8 Mar 14, 11:25am
  • Agenda for March 2014 IASB meeting
    The International Accounting Standards Board (IASB) will hold its next meeting on 13–21 March 2014. The meeting is segmented into three parts: (1) IASB education sessions on insurance contracts and leases; as well as an IASB-only meeting on concept…
    Published - 1 day ago, 7 Mar 14, 3:45pm
  • Collaboration planned between IVSC and IFRS Foundation
    The International Valuation Standards Council (IVSC) and the IFRS Foundation announced that the two organisations will deepen their co-operation in the development of International Financial Reporting Standards (IFRS) and International Valuation Stan…
    Published - 2 days ago, 6 Mar 14, 1:25pm
  • FASB proposes decision process improvements for disclosure framework
    The FASB has issued an exposure draft proposing a decision process to be used by the Board and its staff for evaluating what disclosures should be required in notes to interim and annual financial statements. Also, it proposes the types of informatio…
    Published - 3 days ago, 5 Mar 14, 2:45pm
  • IFRS XBRL taxonomy for 2014 is available
    The IFRS Foundation has published the IFRS Taxonomy 2014. The IFRS Taxonomy is a translation of IFRSs (International Financial Reporting Standards) into XBRL (eXtensible Business Reporting Language).
    Published - 3 days ago, 5 Mar 14, 12:20pm
  • Canadian updates on IFRS reporting and other reporting developments
    Deloitte (Canada) has published an overview of webcasts on IFRS reporting and other reporting developments that will be offered during 2014 and will provide insights on important issues and developments relating to IFRS and ASPE frameworks, developme…
    Published - 3 days ago, 5 Mar 14, 8:05am
  • EFRAG, EFFAS/ABAF, and IASB announce macro hedging outreach event
    The European Financial Reporting Advisory Group (EFRAG), the European Federation of Financial Analysts Societies (EFFAS) and the Association Belge des Analystes Financiers (ABAF), and the International Accounting Standards Board (IASB) have announced…
    Published - 4 days ago, 4 Mar 14, 3:55pm
  • Canadian 'Starter's Guide to Sustainability Reporting'
    Chartered Professional Accountants of Canada (CPA Canada) has published a guide designed to be a starting point for new or early-stage sustainability reporters. The focus of the guide is to provide a roadmap on how to get started on sustainability re…
    Published - 4 days ago, 4 Mar 14, 9:20am
  • We comment on IVSC credit and debit valuation ED
    We have published our comment letter on the International Valuation Standards Council’s (IVSC) Exposure Draft (ED) ‘Credit and Debit Valuation Adjustments’.
    Published - 5 days ago, 3 Mar 14, 2:10pm
  • Agenda for March 2014 Global Preparers Forum meeting
    Representatives from the International Accounting Standards Board (IASB) will meet with the Global Preparers Forum (GPF) in London on Tuesday, 11 March 2014. The agenda for the meeting has been released, and includes an overview of the IASB and IFRS…
    Published - 6 days ago, 3 Mar 14, 1:30am

IFAC

Companies House - News

HMRC - What's New

Accountant Jokes and Fun

  • Accountancy talent show - for singers.....
    Newsbiscuit reports as follows:Top singers, actors, dancers and rock stars have all been queuing up in the hope of getting a steady job in accountancy in the latest talent show to top the ratings in the United States.‘I always had this secret drea…
    Published - 1 day ago, 7 Mar 14, 8:58am
  • Why Tax Returns Belong With Cake - alledgedly
    Regular readers of my main website will know I am keen on the idea of accountants and bookkeepers standing out from the crowd. One lady who does this in a unique way is Rosie Slosek of 'one man band accounting'.Her website has a distinct feel about i…
    Published - 8 days ago, 28 Feb 14, 9:30am
  • Outrageous pop stars do it to avoid tax
    The Swedish pop group Abba are reported to have admitted in a book, that the outrageous outfits they wore on stage in their heydey were chosen to avoid tax. It seems the Swedish tax code is similar to that of the UK when it comes to claiming tax reli…
    Published - 15 days ago, 21 Feb 14, 1:56pm
  • A taxing approach to Valentine's Day
    On Valentine's Day HMRC issued a prompt to anyone claiming tax credits, who has a partner moving in with them, to say those three little words........."....Tell the Taxman."Tax credit claimants who don’t keep HMRC up to date about their circumstanc…
    Published - 19 days ago, 17 Feb 14, 8:44am
  • Rod Liddle's innovative ideas about tax planning
    I came across this wonderful expose on the Sage Exchange, Accountancy community blog. Rod Liddle is a guest writer there and, in an intro piece about his own approach to accountancy and tax, he explains his attitude to tax planning as follows:"In the…
    Published - 22 days ago, 14 Feb 14, 9:29am
  • A cheesy way to avoid tax....
    The mountains of the Savoie region are home to Reblochon, the famous French washed rind cheese.The name “Reblochon” comes from the French verb “reblocher”, which we have no English equivalent for, but roughly translates to: “The act of pinc…
    Published - 29 days ago, 7 Feb 14, 10:16am
  • Who would be the Sherlock and Watson of the tax world?
    This morning Heather Self, tax expert and of Pinsent Masons, was interviewed about some tax issues on BBC Radio 5. On her arrival at the studio she posted a photo on twitter of the sight that faced her.This led to a short series of humorous tweets i…
    Published - 36 days ago, 31 Jan 14, 4:28pm
  • There are three types of accountant in the world
    There are three types of accountant in the world.Those who can count and those who can't.
    Published - 36 days ago, 31 Jan 14, 10:20am
  • Kinky accountants?
    How can you tell that your accountant's a bit kinky?He insists on satin balance sheets
    Published - 43 days ago, 24 Jan 14, 10:17am
  • The tax deductible guard dog
    Many years ago a publican had an afternoon meeting with a tax inspector in his pub. The publican had been claiming tax relief in respect the upkeep of his 'guard dog' but the taxman was unwilling to concede that this was acceptable.The publican repli…
    Published - 50 days ago, 17 Jan 14, 10:23am