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Latest Practice 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 - Accounting Firms

Hurst posts double-digit revenue growth
Accountancy Age REVENUES HAVE GROWN 12% at North-west accountancy firm Hurst. The firm's April 2012 year-end revenues climbed to £4.4m. It opened a London office last year, and added 53 clients. It was also a finalist in Accountancy Age's B…
Published - 3 days ago, 18 May 12, 9:24am
RSM Tenon de-risks its products
Accountancy Age RSM TENON has decided it no longer wants to be in the business of risky and complex tax products, but why has the firm suddenly decided to change direction? The listed firm announced in its interim management report that due…
Published - 4 days ago, 17 May 12, 10:16am
GAAR prompts RSM Tenon to drop specialist tax unit
Accountancy Age RSM TENON will drop certain tax services due to the government's clampdown on tax avoidance. In the interim management statement for 1 January to 16 May the struggling listed accountancy firm announced that it will cull servi…
Published - 4 days ago, 17 May 12, 9:16am
Deloitte appointed auditors at Pinewood Shepperton
Accountancy Age ERNST & YOUNG has stepped down as auditor of Pinewood Shepperton, following the film studio's acquisition. Deloitte, auditors of the film studio's new owner Peel Group, have replaced its fellow Big Four firm in the role. Fina…
Published - 5 days ago, 16 May 12, 8:50am
“Get the basics right” ICAEW tells EU
Accountancy Age EUROPEAN UNION countries have been told to get their public sector accounting in order by the ICAEW. According to the ICAEW, many EU member states have not got the capacity or capability to implement international reporting s…
Published - 5 days ago, 16 May 12, 8:47am
Best Practice: Mazars’ David Herbinet
Accountancy Age FOR DAVID HERBINET, partner at Mazars, the popular children's rhyme about the spider that repeatedly tries to climb up a drain pipe will hold a degree of resonance. Comparison can be made with top 20 firm's attempts to crack…
Published - 6 days ago, 15 May 12, 9:25am
Sole Survivor: Clean up the Money Laundering Act
Accountancy Age HAVING RECENTLY SURVIVED the stresses of a house move I am not sure whether I should laugh or cry about my experiences at the hands of so called money laundering legislation. If I have to prove my identity just one more time…
Published - 7 days ago, 14 May 12, 12:00pm
Best Practice Conference: Just a month away
Accountancy Age IT'S JUST A MONTH until the follow-up to last year's enormously successful Accountancy Age Best Practice Conference. Former BDO International chairman Jeremy Newman, who led the UK and international businesses through a fruit…
Published - 7 days ago, 14 May 12, 10:06am
Mazars brings in senior banking head
Accountancy Age A FORMER senior head at the Central Bank of Ireland has joined Mazars. Jonathan McMahon, former head of financial institutions for the Central Bank of Ireland, has joined Mazars as global head of bank regulation and restructu…
Published - 7 days ago, 14 May 12, 9:26am
Kabul Bank report increases pressure on PwC Pakistan
Accountancy Age THE POSSIBILITY of legal action against PwC's Pakistan office increased after a leaked report was critical of the firm's actions as auditor of Kabul Bank. The report by Kroll points to what is described by Afghanistan's finan…
Published - 7 days ago, 14 May 12, 8:54am

Accountancy Age - People Practice

Hurst posts double-digit revenue growth
Accountancy Age REVENUES HAVE GROWN 12% at North-west accountancy firm Hurst. The firm's April 2012 year-end revenues climbed to £4.4m. It opened a London office last year, and added 53 clients. It was also a finalist in Accountancy Age's B…
Published - 3 days ago, 18 May 12, 9:24am
BPP picks up KPMG training contract
Accountancy Age BPP HAS WRESTED KPMG's training contract for ACAs from Kaplan. BPP will deliver the Big Four firm's ACA training programme, for 1,400 students, from autumn 2013. Kaplan has served as KPMG's provider for the past ten years. It…
Published - 6 days ago, 15 May 12, 8:54am
Best Practice Conference: Just a month away
Accountancy Age IT'S JUST A MONTH until the follow-up to last year's enormously successful Accountancy Age Best Practice Conference. Former BDO International chairman Jeremy Newman, who led the UK and international businesses through a fruit…
Published - 7 days ago, 14 May 12, 10:06am
Mazars brings in senior banking head
Accountancy Age A FORMER senior head at the Central Bank of Ireland has joined Mazars. Jonathan McMahon, former head of financial institutions for the Central Bank of Ireland, has joined Mazars as global head of bank regulation and restructu…
Published - 7 days ago, 14 May 12, 9:26am
Lawyer takes IPA presidency
Accountancy Age THE INSOLVENCY PRACTITIONERS ASSOCIATION has announced that Edward Bible is its new president. Bible (pictured) heads up the insolvency team at law firm Brethertons and is both a qualified solicitor and insolvency practitione…
Published - 7 days ago, 14 May 12, 9:11am
Collins outline new KPMG leadership team
Accountancy Age THE NEW leadership team of KPMG chairman-elect Simon Collins has been launched. A ten-person team sees a number of new faces at KPMG UK's top table, along with the absence of some of the firm's heavyweights. The head of audit…
Published - 9 days ago, 11 May 12, 4:28pm
Colin: Take the money and...stay
Accountancy Age
Published - 9 days ago, 11 May 12, 4:04pm
Best Practice: Wilkins Kennedy's David Fenn
Accountancy Age FIRMS MOVE at different speeds for different reasons. Take Wilkins Kennedy which earlier this month changed its structure from a partnership to a Limited Liability Partnership (LLP) 12 years after it was created. Ernst & Youn…
Published - 10 days ago, 11 May 12, 8:51am
Watchdog calls for 'significant improvements' in Mazars' audit
Accountancy Age SIGNIFICANT IMPROVEMENTS are required following an audit review of Mazars' work by accounting's watchdog. In a series of check-ups of firms' work by the Audit Inspection Unit (AIU), Mazars was found to have an audit that requ…
Published - 11 days ago, 10 May 12, 9:24am
Accountants disappointed with low salary hikes
Accountancy Age UK ACCOUNTANTS were disappointed at the smaller than expected salary hike they received in 2011 according to research from Marks Sattin. The financial recruitment agency found that the average accountant was expecting a wage…
Published - 11 days ago, 10 May 12, 9:21am

Accountancy Age - Regulation

Sole Survivor: Clean up the Money Laundering Act
Accountancy Age HAVING RECENTLY SURVIVED the stresses of a house move I am not sure whether I should laugh or cry about my experiences at the hands of so called money laundering legislation. If I have to prove my identity just one more time…
Published - 7 days ago, 14 May 12, 12:00pm
Best Practice: Wilkins Kennedy's David Fenn
Accountancy Age FIRMS MOVE at different speeds for different reasons. Take Wilkins Kennedy which earlier this month changed its structure from a partnership to a Limited Liability Partnership (LLP) 12 years after it was created. Ernst & Youn…
Published - 10 days ago, 11 May 12, 8:51am
Watchdog calls for 'significant improvements' in Mazars' audit
Accountancy Age SIGNIFICANT IMPROVEMENTS are required following an audit review of Mazars' work by accounting's watchdog. In a series of check-ups of firms' work by the Audit Inspection Unit (AIU), Mazars was found to have an audit that requ…
Published - 11 days ago, 10 May 12, 9:24am
Can firms force partners to retire?
Accountancy Age THE FIRST AGE DISCRIMINATION CASE to be heard in the Supreme Court involved a firm forcing a partner to retire at 65. But surprisingly it is not the forcefulness that continues to be appealed but the age at which that pressur…
Published - 19 days ago, 2 May 12, 9:10am
Wilkins Kennedy converts to LLP status
Accountancy Age WILKINS KENNEDY has converted its partnership to a limited liability partnership from today. The 21st largest accountancy firm adopted the new legal structure because it wants to make it easier to attract high calibre staff a…
Published - 20 days ago, 1 May 12, 9:31am
Jeremy Newman could fit for RSM Tenon
Accountancy Age The process to bring fresh blood in at board level for RSM Tenon continues. Chairman Adrian Martin is to step down, having seen in a new CEO and CFO. Michael Findlay, a non-executive and deputy chairman, is also set to leave.…
Published - 21 days ago, 30 Apr 12, 9:34am
Best Practice: Harwod Hutton's John Brace
Accountancy Age WHAT SMALL BUSINESSES LACK for in terms of heavyweight resources, they make up for in flexibility and speed. For Harwood Hutton, the 11-director (‘principal') firm based in Beaconsfield, it can certainly lay claim to graspi…
Published - 38 days ago, 13 Apr 12, 1:55pm
Best Practice: Harwood Hutton's John Brace
Accountancy Age WHAT SMALL BUSINESSES LACK for in terms of heavyweight resources, they make up for in flexibility and speed. For Harwood Hutton, the 11-director (‘principal') firm based in Beaconsfield, it can certainly lay claim to graspi…
Published - 38 days ago, 13 Apr 12, 1:55pm
The Practitioner: Missing our Admin Queen
Accountancy Age I'VE ALWAYS BEEN a believer that the admin function within an accountancy practice was important but over the past few months this belief has been reinforced more than ever. We have had a change of personnel in that role rece…
Published - 39 days ago, 12 Apr 12, 8:36am
Audit Commission: An opportunity missed
Accountancy Age NOW THE DUST has settled on the privatisation of local government audit work, I thought it was worth taking stock of what communities' minster Eric Pickles expects the strategy to achieve, the deals struck, and placing it in…
Published - 46 days ago, 5 Apr 12, 10:08am

AccountingWeb UK - In Practice

Thinking of going solo? Our new guide will help

Published - 3 days ago, 17 May 12, 5:54pm
Practice excellence: Tomorrow’s practices

Published - 5 days ago, 16 May 12, 3:06pm
Sunderland accountant facing jail term: update

Published - 5 days ago, 16 May 12, 11:45am
IR35 quagmire: Enter at your own risk

Published - 5 days ago, 16 May 12, 8:34am
Is warm-calling easier than cold-calling?

Published - 7 days ago, 14 May 12, 11:30am
What makes practices great

Published - 7 days ago, 14 May 12, 10:46am
Salary hike fails to satisfy accountants

Published - 13 days ago, 8 May 12, 12:13pm
IFRS: Changes on the way

Published - 13 days ago, 8 May 12, 11:38am
PwC auditor banned over fiddling expenses

Published - 13 days ago, 8 May 12, 11:06am
Practice Excellence Awards: An opportunity to improve

Published - 16 days ago, 4 May 12, 4:06pm