Audit / Global ethics board strengthens rules for accountants over inducements

The International Ethics Standards Board for Accountants (IESBA) has updated its global ethics code to strengthen rules to guard against accepting excessive inducements and hospitality, highlighting the importance of avoiding being put in a compromising situation 

Insight / People in the news: EY, BDO, Edwin Coe

Career news this week includes a change in managing partner for talent at EY, BDO promotes a member of the audit team to senior partner and Edwin Coe gains a senior tax manager

Insight / What is wrong with unpaid internships?

With graduates struggling to enter employment after completing their studies, internships and work experience placements are essential but is it wrong that so many businesses do not pay their interns? Gudrun Limbrick, lead consultant at Word Works, looks at how the Taylor Review and government are trying to change this

Insight / Dodwell named as member of the GAAR advisory panel

Bill Dodwell, former head of tax policy at Deloitte and regular contributor to Accountancy magazine, has been confirmed as a member of the General Anti-Abuse Rule (GAAR) advisory panel while also taking up a role as a part-time senior policy adviser at the Office of Tax Simplification (OTS)

Insight / FTSE 350 senior level gender diversity flatlining

Corporate UK is missing out on a £13bn ‘gender dividend’ because companies are still failing to get enough women into top roles, with no real progress since 2016 and just 16% of FTSE 350 executive committees female, a proportion which has not changed in two years, according to research from diversity consultancy the Pipeline

Insight / People in the news: Mitchell Charlesworth, Smith & Williamson, FRC

Career news this week includes two partner promotions at Mitchell Charlesworth, Smith & Williamson gains a director in its forensic services team, the FRC appoints a director of enforcement

Insight / Mazars teams with King’s College London to offer law degree

Mazars has announced a partnership with the Dickson Poon School of Law, King’s College London, to offer a specialised master of laws (LLM) in international tax law delivered through an advanced online learning environment

Insight / A third of accounting graduates have regrets about their degree

As student graduations take place around the country, over a third of accounting graduates report they have regrets about their degree, with more than half saying their current job is not even related to their chosen subject, according to research by online jobs specialist CV-Library

Insight / Attracting the best talent in finance: tips and advice

Employers must improve their hiring process to secure the top finance talent. Karen Young, director at Hays Accounting and Finance, provides tips and advice to employers across the finance industry looking to attract talented individuals

Insight / ICAEW among latest Women in Finance Charter signatories

ICAEW is among a further 67 companies who have signed up to the Treasury’s women in finance charter, taking the total number of signatories to 272, covering over 760,000 financial services employees in the UK

Insight / Begbies Traynor breaks £50m revenue barrier

Begbies Traynor has posted full year results showing revenues of £52.4m in 2018, up from £49.7m, while pre-tax profits jumped to £2.3m compared with £600,000 the previous year

Insight / Negative first impressions turn off finance applicants

Salaries and job vacancies are on the rise in the accounting sector, but employers risk missing out on the most talented candidates because their workplace fails to make a good first impression and their application process does not meet expectations, according to recent research

Insight / People in the news: RSM, Haines Watts, PKF Littlejohn

This week's news of professional moves in the sector includes RSM International appoints a European regional leader, Haines Watts hires its first group managing director in 14 years, a member of the audit team is promoted to partner at PKF Littlejohn

Insight / Supporting staff and managers through redundancies

David Price, CEO and wellbeing expert at Health Assured, provides advice to employers on how to minimise employee stress caused through redundancy by reducing uncertainty and supporting staff and managers

Audit / Mike Suffield to take over top director role at FRC

The Financial Reporting Council (FRC) has named Mike Suffield as acting executive director of audit and actuarial regulation following the announcement that the previous postholder Melanie Hind (nee McLaren) is to step down to take up a family opportunity overseas