Tax / EXCLUSIVE: Top 75 Firms hit £15bn barrier in 5% growth surge

Fee income at the Top 75 accounting firms has reached a record £15.75bn, increasing revenue by more than 5% in the last 12 months despite a barrage of criticism of the Big Four audit firms over contentious listed audits, Brexit concerns and business uncertainty

Insight / Self employed couriers offered employment deal

Consumer delivery company Hermes has signed a deal with the GMB Union which means its self-employed couriers now have the option to take holiday pay and have guaranteed earnings, in a move to improve employment conditions for gig economy workers

Tax / HMRC criticised over ‘unacceptable’ workplace culture

HMRC is to take immediate action to improve its workplace culture, after a highly critical independent report found widespread examples of unacceptable behaviour, and said many of the processes designed to support employees require urgent improvement

Insight / Top 75 Firms survey 2019: record revenue despite heightened scrutiny

After an extremely difficult year for the dominant Big Four accounting firms, harsh criticism of audit quality and market concentration, not to mention the launch of a number of hard-hitting reviews into the audit sector, revenue in Accountancy's Top 75 Firms Survey 2019 has soared to a record £15.75bn across the leading UK firms with staff hires rising. Philip Smith analyses current trends, financial performance and the future outlook

Insight / Good Work Plan: what the new workplace laws mean for employers

Workplace practices are set to change when the government introduces new regulations for workers, increasing the compliance burden for employers. Kate Palmer, associate director of advisory at Peninsula, explains the implications and potential pitfalls

Tax / Public trusts accountants over politicians on tax

The public has greater trust in professionals, including accountants and tax advisers, than in politicians and non-government organisations (NGOs), when it comes to tax systems but the increasing complexity of tax systems comes in for criticism across G20 countries

Insight / New year, new job opportunities

Many employees are treating the New Year as an opportunity to rethink career prospects, with 52% of accountancy and finance professionals planning to move jobs over the next 12 months

Insight / People in the news: Grant Thornton, RSM, Smith Cooper

This week's news of professional moves in the sector includes a partner promotion at Grant Thornton, RSM gains two partners, a tax director joins Smith Cooper

Tax / HMRC sets up innovation team to drive IT collaboration

HMRC is investing more resources in technology, artificial intelligence (AI) and ground-breaking technology with the creation of the first innovation team at the tax authority briefed to collaborate with external IT specialists to develop innovative software to improve tax collection and close the tax gap

Insight / Hewitt: millennial accountants demand more from firms

Advances in technology and changing client expectations are leading many younger accountants to change how they do business, leaving many traditional firms behind, argues Colin Hewitt, CEO of Float

Insight / EY names Carmine Di Sibio as global CEO

Carmine Di Sibio has been elected the next EY global chairman and CEO, succeeding Mark Weinberger, who steps down on 1 July 2019 after six years in the role

Insight / People in the news: UHY Hacker Young, PKF Littlejohn, Deloitte Legal

Career news this week includes a head of global mobility services at UHY Hacker Young, PKF Littlejohn appoints a co-head of its forensic and fraud team and Deloitte Legal in the UK gets its first managing partner

Insight / Difficulty of juggling instant wins and long-term strategies for CFOs

Today more than ever, CFOs need to provide business strategy both in the long and short term. Angela Mazza Teufer, senior vice president at Oracle looks at how they can achieve just that without letting go of the day-to-day financial oversight

Insight / Charity commission seeks applicants for interim managers

From 1 February to 31 March the Charity Commission is inviting practitioners to apply to have the chance of becoming an interim manager and is looking for individuals with a proven track record of implementing safeguarding policies and procedures, preferably within the broader charity sector

Insight / Calls to strengthen diversity pay reporting

MPs are keen to see more action on gender, ethnicity and executive pay reporting according to a survey by the Association of Accounting Technicians (AAT) which found widespread support for tougher regulation, and is calling for more reporting on action plans to reduce imbalance