Leadership & management

Insight / Mazars acquires medical accounting specialist Hall Liddy

Mazars has acquired Hall Liddy Chartered Accountants, a specialist medical accounting firm based in the North West, to create a combined healthcare accounting team advising GPs and medical consultants

Insight / American Institute of CPAs to launch own internet domain

The American Institute of CPAs (AICPA) is in final negotiations to secure an internet domain specifically for CPAs, with the aim of enhancing trust and branding of the accountancy profession

Insight / Harding: the technology threat to finance jobs

Technology from artificial intelligence to computer algorithms is disrupting the world of finance and will change the very fundamentals of the finance function, says Andrew Harding, chief executive of management accounting at CIMA

Insight / Xeinadin launch brings together 120 accountancy firms

In a bid to compete with mid-tier accounting firms, 100-plus smaller multi-disciplinary accounting practices have consolidated into a single entity known as Xeinadin Group and will share services and technology, while retaining their independent identities

Insight / Begbies Traynor acquires Stoke insolvency firm

Top 20 firm Begbies Traynor has acquired a firm of Stoke on Trent insolvency practitioners, Dunion & Co, for an undisclosed amount

Insight / Leonard Curtis opens offshore office in Guernsey

Restructuring specialist Leonard Curtis Business Solutions Group has opened its first offshore office in the Channel Island of Guernsey to provide specialist insolvency services and asset protection

Insight / RDP Newmans expands SE base with Harrow merger

Two Harrow accountancy firms, RDP Newmans and S J Associates Ltd, have merged in a deal designed to expand their business across the south east

Insight / Senior business and accounting execs in birthday honours list

The deputy chair of KPMG and a senior PwC partner are among those from the world of finance and accounting named in the Queen’s birthday honours list

Insight / Deloitte racks up largest share of government’s Brexit consultancy spend

Government departments have spent at least £97m on Brexit consultancy work in the last 12 months, with almost a quarter (22%) of the business going to Big Four firm Deloitte, while PwC and EY have also picked up substantial consulting contracts

Insight / Fiona Wilkinson takes over ICAEW president role

ICAEW’s new president for 2019/20, Fiona Wilkinson, has stated she plans to use her time in office to be an ambassador for inclusion in accountancy and to rebuild the reputation of the profession after it has been slated for audit performance

Insight / People in the news: BDO, PKF Littlejohn, Deloitte, PwC, BHP

In this week’s career moves, partner promotions at BDO and Deloitte, Houston takes top job at Deloitte NSE, new hires and promotions at PwC, Grant Thornton, Cowgills, Carey Olsen and BHP, and incoming IAASB chair

Insight / Brexit uncertainty slashes UK foreign direct investment

Although the UK retained the top slot as the number one location for foreign direct investment (FDI) into Europe in 2018, there has been a significant drop in the number of inbound mergers and acquisitions as uncertainty around Brexit affects long-term decisions

Insight / Johnston Carmichael expands with Dundee opening

Johnston Carmichael, Scotland’s largest independent accountancy firm, has opened a Dundee office as part of a strategic expansion of its operations

Tax / Greece most difficult country to operate a business

Greece is the most challenging country to do business with a fragmented tax system and complex compliance requirements, but the world’s largest economies are the most complex and unpredictable places for multinational firms to operate in

Audit / PwC plans audit overhaul to stave off break-up threat

In a bid to stave off demands for the break-up of Big Four audit firms, PwC plans to spend £30m a year on a significant transformation of its audit business, with a raft of measures designed to address growing concerns from regulators, but the firm will not hive off its audit business