Accountancy Profession UK


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.

We are proud to announce that Accountancy Profession is making its own news and has won the coveted PQ Magazine "Accountancy Website of the Year 2012" award.

If you know of a news, Twitter or YouTube feed which would be of interest to other accountants please contact us as the site is continually developing and new pages and feeds are added on a regular basis.

If you are interested in the accountancy profession across the pond then take a look at our US Accountancy Profession site.

Accountancy Age

  • newSME finance directors want challenge from their accountants

    SME finance directors want challenge from their accountants

    Accountancy Age THE LEVEL OF CHALLENGE exhibited by accountants was rated the most important factor when choosing a firm, according to a survey. The survey of more than 100 SME finance directors carried out by SKS Business Services, a firm o…
    Published - 30 mins ago, 20 May 13, 10:21am
  • newGoogle tax whistleblower goes public

    Google tax whistleblower goes public

    Accountancy Age A FORMER GOOGLE EMPLOYEE has added to the controversy surrounding the search engine's tax affairs, claiming several sales deals were concluded in London instead of its European headquarters in Dublin. Google maintains that th…
    Published - 55 mins ago, 20 May 13, 9:56am
  • Ex-Time Out chief exec joins Johnston Press as CFO

    Ex-Time Out chief exec joins Johnston Press as CFO

    Accountancy Age DAVID KING has been appointed as chief financial officer of Johnston Press as the newspaper publisher reported its first increase in operating profit for almost seven years. The former Time Out Group chief executive will succ…
    Published - 3 days ago, 17 May 13, 9:58am
  • Administrator puts Coventry City assets up for sale despite uncertainty

    Administrator puts Coventry City assets up for sale despite uncertainty

    Accountancy Age THE ASSETS of Coventry City Football Club Ltd (CCFC) have been put up for sale by administrators - despite a conflict over what assets it holds. Sisu, a hedge fund based in Mayfair, currently owns the club. The club had been…
    Published - 3 days ago, 17 May 13, 9:26am
  • IASB and FASB propose dual approach to lease accounting

    IASB and FASB propose dual approach to lease accounting

    Accountancy Age ACCOUNTING RULEMAKERS have put forward plans to overhaul lease accounting that will require companies to account for all but the shortest leases on their balance sheet. The IASB and its US equivalent, the FASB, today publishe…
    Published - 4 days ago, 16 May 13, 3:43pm
  • Court strikes down HMRC/Goldman Sachs ‘sweetheart’ deal challenge

    Court strikes down HMRC/Goldman Sachs ‘sweetheart’ deal challenge

    Accountancy Age THE HIGH COURT has dismissed claims by activism group UK Uncut that HM Revenue & Customs entered into a ‘sweetheart' deal with investment bank Goldman Sachs, costing the public purse £20m. Then-chief executive of HMRC Dave…
    Published - 4 days ago, 16 May 13, 2:17pm
  • Amazon back in firing line over £2.4m 2012 tax bill

    Amazon back in firing line over £2.4m 2012 tax bill

    Accountancy Age ONLINE RETAILER AMAZON could again face criticism over its UK tax bill after its accounts showed it paid just £2.4m in corporation tax last year. The details came as it was also revealed that it received £2.5m in government…
    Published - 4 days ago, 16 May 13, 9:46am
  • Jockey Club recruits FD from Centrica

    Jockey Club recruits FD from Centrica

    Accountancy Age EX-CENTRICA divisional finance director Nevin Truesdale has taken a group finance director role at the largest commercial British horseracing company The Jockey Club. Truesdale (pictured) joins from FTSE 100 business Centrica…
    Published - 4 days ago, 16 May 13, 9:36am
  • Watson Buckle takes on cancer charity audit

    Watson Buckle takes on cancer charity audit

    Accountancy Age BRADFORD-BASED Watson Buckle has been appointed as the new auditors for Cancer Support Bradford & Airedale. The charity was set up in 1988 as a cancer support centre, and now helps 3,500 people a year. Based near the Bradford…
    Published - 4 days ago, 16 May 13, 9:07am
  • New CIoT president Coleclough criticises government over EU

    New CIoT president Coleclough criticises government over EU

    Accountancy Age THE UK MUST MOVE AWAY from its "slapdash approach" to Europe, the new president of the CIoT said in his inaugural speech. A "more serious, grown-up approach from government to complying with EU tax law", Stephen Coleclough sa…
    Published - 5 days ago, 15 May 13, 11:48am
MyFirmsApp

AccountingWEB uk

PwC

Deloitte

KPMG

IFRS Foundation

IAS Plus

  • May IFRS Interpretations Committee meeting notes - Part 1
    We've posted Deloitte observer notes from some of the sessions from the IFRS Interpretations Committee meeting which was held on 14-15 May 2013.
    Published - 3 days ago, 17 May 13, 8:20pm
  • Deloitte (US) comment letter urges further convergence regarding classification and measurement of financial instruments
    Deloitte & Touche LLP has submitted a comment letter on the FASB's proposed Accounting Standards Update (ASU) 'Recognition and Measurement of Financial Assets and Financial Liabilities' issued in February 2013. The comment letter compares the propose…
    Published - 3 days ago, 17 May 13, 10:05am
  • UK FRC comments on revised leases exposure draft
    The UK Financial Reporting Council (FRC) has issued a statement in support of the IASB’s efforts towards improving lease accounting.
    Published - 4 days ago, 16 May 13, 8:10pm
  • The Bruce Column — Leasing: Take Two
    The revised proposals on lease accounting have at last been published. Robert Bruce, our resident, regular columnist looks at the issues.
    Published - 4 days ago, 16 May 13, 12:30pm
  • IASB publishes highly anticipated lease accounting proposals
    The International Accounting Standards Board (IASB) has re-exposed its proposed approach for the recognition and measurement of leases. For lessees, the Exposure Draft ED/2013/6 'Leases' proposes the recognition of a liability and a right-of-use asse…
    Published - 4 days ago, 16 May 13, 12:15pm
  • Conference on IFRS adoption and implementation in former Soviet republics in Europe and Central Asia
    International Federation of Accountants (IFAC), International Auditing and Assurance Standards Board (IAASB), and International Accounting Standards Board (IASB) are holding a two-day conference on 16-17 May 2013 to bring together representatives fro…
    Published - 4 days ago, 16 May 13, 9:00am
  • EFRAG Update detailing April and May EFRAG developments
    The European Financial Reporting Advisory Group (EFRAG) has released the May 2013 issue of its EFRAG Update newsletter summarising the discussions held at the EFRAG TEG meeting on 6-8 May 2013 and EFRAG TEG conference calls held on 11, 18 and 29 Apri…
    Published - 5 days ago, 15 May 13, 5:55pm
  • Summary of April 2013 GLASS meeting
    The Group of Latin American Accounting Standard Setters (GLASS) has released a summary of its meeting held in São Paulo during April. The meeting also saw a presentation from the Asian-Oceanian Standard-Setters Group (AOSSG).
    Published - 5 days ago, 15 May 13, 10:25am
  • COSO updates internal control framework
    The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has issued its 2013 'Internal Control — Integrated Framework' and related illustrative documents.
    Published - 5 days ago, 14 May 13, 10:55pm
  • IFRS Foundation publishes updated briefing for chief executives
    The IFRS Foundation Education Initiative has published the 2013 edition of International Financial Reporting Standards — A Briefing for Chief Executives, Audit Committees and Boards of Directors. These briefing notes provide summaries of all IFRSs…
    Published - 6 days ago, 14 May 13, 5:05pm

IFAC

Companies House - News

HMRC - What's New

Accountant Jokes and Fun

  • newA boring accountant's awkward sexual adventure
    The "funniest canadian sex comedy ever made" features 'a boring accountant' from Winnipeg who sets out to learn the secrets of making love from a Toronto stripper.Here are a couple of extracts from Jay Stone's review of 'My awkward sexual adventure…
    Published - 12 hours ago, 19 May 13, 10:32pm
  • The collective noun for accountants
    "An audit of accountants""A balance of accountants""A sum of accountants""A fudge of accountants""An account of accountants"Or do you have any better ideas?
    Published - 5 days ago, 15 May 13, 8:23am
  • Can the K-team solve your accounting problems?
    "If you have a problem with accounting software, if nobody can help you sort your invoices, and if you get in touch and ask very nicely, then maybe you can hire.... The K-Team"Ok, so this spoof 'A-Team' 1 minute video is a promo for Kashflow but it…
    Published - 10 days ago, 10 May 13, 8:43am
  • An accountant gets one over on a lawyer
    A lawyer and an accountant are sitting next to each other on a long flight from the US back to London. The lawyer leans over to the accountant and asks if he would like to play a fun game.The  accountant just wants to take a nap, so he politely…
    Published - 12 days ago, 8 May 13, 8:21am
  • The next #INABAaward goes to Elaine Clark of CheapAccounting.co.uk
    This is another (virtual) award of an INABA to an accountant who operates in such a way as to confirm my contention that ‘Boring Is Optional'.INABA stands for 'I'm Not A Boring Accountant' - more on the awards here++++ Elaine Clark is…
    Published - 13 days ago, 7 May 13, 8:25am
  • The next recipient of an #INABAaward is Mike Gordon
    This is another (virtual) award of an INABA to an accountant who operates in such a way as to confirm my contention that ‘Boring Is Optional'.INABA stands for 'I'm Not A Boring Accountant' - more on the awards here++++ Mike Gordon (so…
    Published - 14 days ago, 6 May 13, 2:22pm
  • The privilege of being an accountant rather than a lawyer
    At a panel debate hosted by Pinsent Masons and The Times on Monday evening I heard two mildy amusing references to accountants. The subject under discussion was Legal Advice Privilege and the recent Prudential case. This confirmed that tax accountant…
    Published - 26 days ago, 24 Apr 13, 8:29am
  • The accountant's malaise
    What do accountants suffer from that ordinary people don't?Depreciation.
    Published - 26 days ago, 24 Apr 13, 8:11am
  • A fairy story where the devil is in the detail
    Once upon a time a shepherd was looking after his sheep on the side of a deserted road. Suddenly a brand new Porsche screeched to a halt. The driver, a man dressed in an Armani suit, Cerutti shoes, Ray-Ban sunglasses, TAG-Heuer wrist-watch, and a Pi…
    Published - 33 days ago, 17 Apr 13, 8:58am
  • Barry Cryer's ode to accounting software
    This dates back to the 2007 Software Satisfaction Awards arranged by AccountingWeb.Barry Cryer OBE was the guest speaker and he had prepared one of his customary very funny odes. This included the immortal lines:I see before me, chattering, nat…
    Published - 40 days ago, 10 Apr 13, 9:02am