Practice & Industry

Insight / BAME firm survey 2020: slow progress despite BLM push for change

In Accountancy Daily’s third survey of ethnic diversity within the UK’s top accountancy firms, data reveal partners and staff remain overwhelmingly white while Black Lives Matter movement forces concrete action

Insight / FTSE 100 CEO pay flat in 2019

Pay packages for FTSE 100 bosses remained flat this year and are likely to fall as a result of Covid-19, but CEO pay levels remain over 100 times greater than the average UK full-time worker

Insight / People in the news: Blick, RSM, KPMG

In this week’s accountancy career moves, CEO appointed at Blick Rothenberg, partner promotion at RSM and EY, and KPMG names their global head of tax and legal services

Tax / Coronavirus: essential updates for accountants, tax advisers and auditors

To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis

Insight / New buyer is theme park’s ticket to ride out administration

PwC has found a European buyer for a third-generation family-run theme park in Tamworth, which went into administration after experiencing cashflow difficulties, putting 600 jobs at risk

Insight / Mid-sized businesses have only nine months’ funding

Most of the UK’s medium-sized companies say they only have sufficient funding to continue trading for the next nine months, although a third say they are starting to recover from the impact of the Covid-19 disruption, according to research by BDO

Insight / Championship play-off winner to collect £160m revenue boost

The winner of tonight’s Championship play-off final will score up to £160m in additional revenue over the next three seasons, with contenders Brentford and Fulham competing in the most valuable match in world football, according to Deloitte

Accounting / Bank of Ireland slapped with €1.66m regulatory fine

The Bank of Ireland (BOI) has been fined €1.66m (£1.49m) and reprimanded for a series of regulatory breaches causing loss to a client, and for misleading the Central Bank in the course of its investigation

Insight / Quantuma in £26.95m merger

Business advisory firm Quantuma has agreed a £26.95m merger with AIM-listed K3 Capital Group, in a bid to create an independent global advisory practice

Insight / BAME 2020: one in 250 partners is black at top eight accountancy firms

Accountancy Daily’s survey of ethnic diversity within the UK accountancy profession shows there are only 17 black partners in the top eight firms despite signs of increasing black, Asian and minority ethnic representation among staff

Insight / 'Dramatic' plunge in corporate insolvencies

The government’s coronavirus support measures have had a dramatic impact on corporate insolvencies, which have fallen to their lowest level for four years, according to research by KPMG

Accounting / Covid-19: revenue considerations for accountants and auditors - CPD module - NEW

This month's exclusive Accountancy Daily CPD module focuses on how accountants and auditors will need to pay close attention to how revenue is treated in the accounts as companies prioritise generating revenue to overcome the pandemic

Insight / Quarter of finance teams to continue home working

Despite Prime Minister Boris Johnson urging employees to start returning to their workplace from next week, a quarter report their company’s finance teams will not be returning to the office with other staff in August and will now work at home for the majority of the time, according to research by Theta Financial Reporting

Insight / FTSE 350 companies with female execs increase profits

Increasing the number of women on the leadership teams of FTSE 350 companies could add £47bn to their profits, according to research by gender diversity specialist The Pipeline

Insight / Covid-19: self-isolation period extended

Andrew Willis, head of legal at Croner comments on the planned increase of the self-isolation period by three days, exploring ways employers could cover this added absence through annual leave or the statutory sick pay (SSP) rebate scheme