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

  • newNewsham excluded from ICAEW after Worthington Nicholls hearing

    Newsham excluded from ICAEW after Worthington Nicholls hearing

    Accountancy Age A FORMER Haines Watts office managing director has been excluded from ICAEW membership for three years over audit work at Worthington Nicholls. An independent tribunal of the Financial Reporting Council found 35 findings of m…
    Published - 5 hours ago, 16 Sep 14, 10:08am
  • newSix new appointments at Yorkshire accountancy firm

    Six new appointments at Yorkshire accountancy firm

    Accountancy Age YORKSHIRE chartered accountancy firm Clough & Company has made six new appointments. Sam Batch, who boasts 15 years' experience, joins as a management accountant, while Wei Song becomes an audit senior and Thomas Conway joins…
    Published - 5 hours ago, 16 Sep 14, 10:05am
  • newCompanies on the brink of bankruptcy warned of AE obligations

    Companies on the brink of bankruptcy warned of AE obligations

    Accountancy Age BUSINESSES facing insolvency still have to meet their auto-enrolment (AE) obligations where they continue to employ staff, sister publication Professional Pensions reports. Kate Lloyd, partner at law firm Gateley, raised conc…
    Published - 5 hours ago, 16 Sep 14, 10:04am
  • newDeloitte administrators appointed as Rileys shuts pool halls

    Deloitte administrators appointed as Rileys shuts pool halls

    Accountancy Age BELEAGUERED pool and snooker hall chain Rileys has been forced to shut 15 of its sports bars after failing to rectify financial difficulties. Deloitte administrators Rob Harding and Ian Wormleighton were called in on Monday a…
    Published - 6 hours ago, 16 Sep 14, 9:24am
  • Conservative MP implicated in tax avoidance scheme

    Conservative MP implicated in tax avoidance scheme

    Accountancy Age A CONSERVATIVE MP invested in an alleged tax avoidance scheme currently under investigation by HM Revenue & Customs. Conservative Geoffrey Cox QC - a top lawyer at Thomas More Chambers - is one of 230 who put cash into Pheoni…
    Published - 1 day ago, 15 Sep 14, 10:21am
  • PwC lined up as Phones 4U administrator

    PwC lined up as Phones 4U administrator

    Accountancy Age PHONES 4U, the mobile phone retailer that collapsed into administration on Sunday, has said it intends to appoint PwC as administrators for its 550 stores following the loss of a key contract with EE. PwC has been lined up as…
    Published - 1 day ago, 15 Sep 14, 10:12am
  • PwC edges towards £3bn revenues after broad growth

    PwC edges towards £3bn revenues after broad growth

    Accountancy Age PwC HAS TAKEN another step towards £3bn in revenues, after seeing broad growth across its service lines. The firm reported revenues of £2.81bn for the year ended 30 June 2014, from £2.69bn a year earlier. Its four business…
    Published - 1 day ago, 15 Sep 14, 9:23am
  • 'Thousands' of pay-up tax notices to hit doormats

    'Thousands' of pay-up tax notices to hit doormats

    Accountancy Age ADVANCED PAYMENT NOTICES to thousands of investors in tax avoidance schemes are to be issued by HM Revenue & Customs in the coming weeks, Accountancy Age has learned. As many as 2,500 notices are to be issued per month by the…
    Published - 4 days ago, 12 Sep 14, 3:03pm
  • US lawmakers call for preservation of cash accounting

    US lawmakers call for preservation of cash accounting

    Accountancy Age SWITCHING to accrual accounting would be severely damaging to businesses, US lawmakers have warned in a letter calling for the preservation of the cash method of accounting. The letter, signed by a bipartisan majority of the…
    Published - 4 days ago, 12 Sep 14, 10:19am
  • TaxAssist steps up Canada push

    TaxAssist steps up Canada push

    Accountancy Age A BIG PUSH to recruit member firms in Canada has been launched by accounting franchise specialists TaxAssist Accountants. The first push has been made in Greater Toronto, where its regional head Rina Mancini is setting a targ…
    Published - 4 days ago, 12 Sep 14, 9:29am
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Accountant Jokes and Fun

  • An accountant with a STANDOUT way of describing himself
    The way Mark Asquith, Managing Director of Asquith & Co, describes himself, on the meet the team page of his website, certainly makes him stand out. I'm referring especially to the table beneath the more conventional opening paras:I have been working…
    Published - 4 days ago, 12 Sep 14, 9:04am
  • A truly taxing palindrome
    Sex at noon taxes
    Published - 11 days ago, 5 Sep 14, 8:56am
  • Tax flags
    A British guy was chatting with his American friend and was jokingly explaining about the red, white and blue in our National flag."Our flag symbolises our taxes," he said. "We get red when we talk about them, white when we get our tax bill, and blue…
    Published - 18 days ago, 29 Aug 14, 8:53am
  • When a young accountant bought a donkey
    Many years ago a young accountant, Warren, moved to the country and bought a donkey from an old farmer for £200.The farmer agreed to deliver the donkey the next day. When he drove up the farmer said: "Sorry son, but I have some bad news. The donkey…
    Published - 25 days ago, 22 Aug 14, 8:46am
  • Very thick skinned accountant wanted by boss of Ryanair
    I was amused by this headline in The Times: Wanted by Ryanair: accountant, very thick-skinned.Rarely does an accountancy job qualify as a hazardous posting in a hostile environment. However, there is a vacancy for a personal aide to the notoriously…
    Published - 29 days ago, 18 Aug 14, 10:00am
  • Death and Taxes and Zombies
    The following academic paper was brought to my attention after I tweeted a link to a newspaper report that incorrectly implied that more and more people are being 'hit' by inheritance tax while they are still alive.This article fills a glaring gap in…
    Published - 60 days ago, 18 Jul 14, 8:33am
  • All accountants are.......?
    When you start searching in Google the clever little thing offers to complete your search string. In effect the system recognises and offers you the rest of what other people have searched for even if the words are in a different order.Here are some…
    Published - 67 days ago, 11 Jul 14, 8:51am
  • What clients say to wind up their accountant
    What do clients say that winds you up?"I just popped everything in this carrier bag here - I knew you could sort it all out for me.""My friend's accountant says.....""I need a mortgage reference - you will make the figures look good for me won't you?…
    Published - 74 days ago, 4 Jul 14, 8:14am
  • John Challis on why he didn't become a tax inspector
    John Challis tells the story that in the late 1970's he was summoned by one of her Majesty's Tax Inspectors to discuss his meagre contribution to the Inland Revenue.John notes that he sat before a middle-aged grey suited man who had obviously not se…
    Published - 81 days ago, 27 Jun 14, 9:00am
  • Dictionary definition (or not) of timesheet
    As suggested by Cara Miller of Miller Walsh Associates in an article for Accountancy Age:Timesheet (noun): swearword commonplace in many a UK accountany office. Bane of life. Likely to cause lots of sighing. Method of keeping boss happy while drivin…
    Published - 88 days ago, 20 Jun 14, 8:09am