Accountants have inevitably been giving their clients free business advice this year as they face up to the challenges of the pandemic, but can now turn this into profitable business. AVN’s Shane Lukas highlights the pitfalls and tips on how to expand advisory services in 2021
Post-pandemic, 90% of businesses worldwide expect working life to look different, according to an international survey by ICAEW, which also underlined the need to address growing mental health concerns
In common with others of the Big Four, PwC acknowledged this year’s financial results have been impacted by Covid, with revenues up by 3% at £4,380m but profits falling 8%, resulting in a 10% cut to partner payouts
In this week’s accountancy career moves, partner appointments at Diverso and Hentons, 12 named in Grant Thornton Inclusion Advisory Board, and two senior finance hires at Fortus
What will be the employment trends in watch out for in 2021? Matt Weston, head of recruiters Robert Half sees Covid-19 as a catalyst for business transformation, with accountants at the forefront of a changing environment
EY has reported a 5% increase in UK fee income over the past year, buoyed by the firm’s pre-pandemic performance, but average profit per partner has dropped to £667,000 and an additional 10% of partner distributions have been retained due to continuing Covid-19 uncertainty
All 32 London boroughs, the City of London, and parts of both Essex and Hertfordshire, are to be under the strictest of the three levels of coronavirus restrictions from tomorrow, the government has announced
The end of freedom of movement and changes to immigration rules effective from 1 January 2021 affect employee recruitment, while travel limits for business travel also need to be factored in. Lindsey Barras, immigration lead at PwC UK, sets out five tips for employers
BDO has bowed to public pressure and announced it is to return £4.1m of furlough money back to the government, after facing a backlash when the mid-tier firm revealed its partners were receiving more than £500,000 each on average
The government has set out its plans to clean up the UK’s energy system while keeping bills affordable as part of its strategy to transition to net zero by 2050
In this week’s accountancy career moves, partner appointments at Thomas Westcott and ReSolve, three office heads named at Johnston Carmichael, and two directors appointed at ACCA
Five years after the government set a target for 33% female representation on the boards of all FTSE 350 companies, just nine of the UK’s top companies have an equal gender split
ICAEW has published a manifesto setting out its vision for the future of audit, saying the success of any changes to firm structure and regulation depends on a clearer understanding of the role and purpose of audit
In this week’s accountancy career moves, partner promotions at Knill James, chairman re-elected at Saffery Champness, senior tax manager at GovGrant, and directors named at Haysmacintyre
