A London-based church group has been wound up after failing to properly account for more than £1.87m of outgoings and operating with a lack of transparency

Sergey Atamas, managing partner of Kreston Ukraine, explains how Ukrainian accountants and auditors are dealing with the ramifications of the war

In this week’s accountancy career moves, partner promotions at BDO, French Duncan, Azets and KPMG, hires at Johnston Carmichael and FRP Advisory, and tech appointments at ICAEW

The number of insolvencies is increasing as companies face cashflow and supply chain issues, curbing their growth potential

A Norfolk man who allowed his bank account to be used to steal more than £4,000 in two separate scams has been sentenced

The base rate has been increased by 0.25% to 1.25% in the third rise this year following the latest meeting of the Bank of England

EY is to invest $1bn (£820,000) in its global audit business by integrating various audit related technologies into a single platform to improve data analysis and the user experience

The directors of a distressed building firm have been disqualified from running businesses after taking thousands in ineligible bounce back loans

A fish seller, buy-to-let landlords and a crypto investor, not to mention an accountant and bookkeeper, all failed to pay their taxes and face millions of pounds in penalties

The Charity Commission has ordered a charity to improve its governance and financial controls after mismanagement of funds and undocumented spending

The Institute of Directors has launched an inquiry into governance and innovation, to explore the extent to which companies’ governance arrangements and the regulatory framework deter innovation

Sick notes can now be issued by a wider range of healthcare professionals to free up time for GPs and reduce administrative burden