With under a year until its introduction, Calum Fuller looks at IFRS 16 Leases’ requirements and what businesses should do to comply

The Accountancy Top 75 2018 survey shows that fee income, for so long the measure of success in the profession, continues its run of seven consecutive years of growth since 2011

In our monthly roundup of developments in audit and governance, PwC faces two-year audit ban in India, KPMG quits Grenfell Inquiry role over audit conflicts, Monitoring Group considers single board restructure

Although there are no plans afoot to update HMRC’s tax treatment of cryptocurrencies such as Bitcoin, HMRC has moved to clarify its position on the virtual currencies, reports Calum Fuller

As the number of cryptocurrency holders grows along with their values, Calum Fuller examines what it means for practitioners and the potential tax implications for clients

Accounting network Nexia International has announced global revenues of $3.62bn as part of its 2017 annual results, an increase of 13% on 2016

Baker Tilly International has confirmed year-on-year growth of 6.4% as its revenues hit $3.4bn (£2.45bn) in the year to 31 December 2017

A roundtable discussion held by The Monitoring Group of its proposed overhaul of the global audit standard setting process revealed broad support for a potential restructure

HW Fisher administrators have saved London-based football website Squawka from liquidation, saving 35 jobs

In the latest career development updates, KPMG sees profitability fall 20%, BDO fee income hits £428m as profits rise, PwC to close six offices as part of restructure plan, apprentice starters fall 59% since levy introduction

Top 10 firm RSM has confirmed a return to growth after a static period between 2015 and 2016, posting a 9% increase in UK fee income

Bloomberg has added the prices of three cryptocurrencies to its trading terminals, with Ripple, Ether and Litecoin all listed

Despite a 5% increase in revenues, a mix of investment write-offs and one-off items have seen KPMG’s UK profits fall by 19.5%, Calum Fuller reports

Income tax is to increase for Scottish taxpayers in the middle income bracket after finance secretary Derek Mackay announced radical reform in his Budget

In our roundup of Budget 2017 essentials, we review the key tax measures announced in a slimline event, from £155m allocated to combat tax avoidance and evasion to HMRC adopting a points-based penalty system for late tax returns, digital companies face royalty tax, capital gains tax indexation allowance frozen