Insight / People in the news: Crowe, KPMG, Ayming

This week's news of professional moves in the sector includes a tax partner appointment at Crowe, KPMG appoints an international tax director in its London office, ex-KPMG partner joins Ayming

Insight / 33% drop in number of accounting job vacancies

Although there was a 26% increase in the number of accountants seeking jobs last month, there was a 7% drop in the number of vacancies with the amount of accounting jobs available decreasing 33% year-on-year, according to research from Morgan McKinley

Insight / People in the news: RSM, UHY Hacker Young, BDO

Career news this week includes RSM appoints a restructuring director in Bury St Edmonds, a partner joins UHY Hacker Young’s turnaround and recovery team, BDO promotes 900 staff across the firm

Insight / Firms favour communication skills over technical knowledge

The development of artificial intelligence (AI) has resulted in accounting firms prioritising human skills over technical knowledge when recruiting candidates, according to research from Reed Finance

Insight / Blick Rothenberg acquires Hazlems Fenton accountants

Blick Rothenberg, part of Cogital Group, is expanding with the acquisition of accounting firm Hazlems Fenton LLP, which primarily deals with entrepreneurial and owner-managed businesses

Insight / Living Wage rates rise to £9 an hour

At least 180,000 people that work for Living Wage employers across the country are set for a pay rise as the new Living Wage rates see an above inflationary increase

Audit / Stephen Haddrill to quit Financial Reporting Council

The head of the Financial Reporting Council (FRC) Stephen Haddrill is to leave the audit regulator as soon as a replacement is found

Insight / Big Four making progress on employee diversity

The Best Employers for Race - 2018 report, carried out by charity Business in the Community, has shown that the UK’s Big Four are among the UK’s best employers for taking a pro-active approach to address racial inequalities in their organisations

Insight / People in the news: IIRC, Carey Olsen, New Quadrant Partners

Career news this week includes partner appointments at New Quadrant Partners and Irwin Mitchell, while IAASB resumes search for new chair and the International Integrated Reporting Council (IIRC) hires former McKinsey chief to head up organisation

Insight / Development updates: November 2018

In the latest career development updates, PwC revenues increase by 5% to hit £3.8bn, partner payouts increase 17% at BDO, former HMRC chief joins McKinsey as external adviser

Insight / EY’s UK revenues up 2.7%

EY achieved UK fee income growth of 2.7% in the financial year ending 30 June 2018, up from £2.35bn to £2.41bn with a five year compound annual growth rate of 7%, the firm has reported

Accounting / C-suite accounting expertise is ‘two-edged sword’

Research shows that companies whose top executives have a background as partners or managers in audit firms are at greater risk of reporting financial misstatements, and external auditors should beware of the potential for those with accounting expertise to subvert as well as enhance reporting

Insight / IFRS 9 and 15 specialists in high demand across accounting and finance recruitment

As banks face new legislations, there has been a significant rise in technical and specialist accounting roles, especially in areas such as IFRS 9 and 15, explain Thomas Garbett, team leader, and James Polley, senior consultant at Morgan McKinley

Insight / People in the news: RSM, Saffrey Champness, KPMG

Career news this week includes a partner promotion and global leader for quality and risk appointment at RSM, Saffrey Champness promotes a partner to head of the firm’s international practice group, eight partner and 29 director promotions at KPMG

Insight / PwC leads action on UK business leaders’ ‘bamboo ceiling’

PwC has launched a platform to help individuals of Chinese heritage reach the top of UK business, with founding partner Standard Chartered, saying the aim is to address an underrepresentation of individuals of Chinese heritage in senior leadership roles