Practice & Industry

Insight / PwC partners earn £765k as profitability breaks £1bn

Big Four accounting firm PwC has reported record fee income of £4.23bn as partners are set to receive a partner payout of £765,000 and group profitability breaks the billion pound barrier

Insight / Top 20 firm rebrands as Moore Kingston Smith

As part of the global rebranding of accounting network Moore Stephens, Kingston Smith is to rebrand as Moore Kingston Smith, adopting the network name for the first time

Insight / People in the news: Shaw Gibbs, Kreston, Grant Thornton, Crowe, ICAS

In this week’s accountancy career moves, hires and promotions at Shaw Gibbs, Kreston, Dellitte and Grant Thornton, and partner appointments at MHA MacIntyre Hudson and Crowe, and top young accountant named at ICAS awards

Tax / Self assessment records used to recover £818m in unpaid council tax

HMRC has released details of data sharing arrangements with local authorities where it is trialling self assessment and tax data exchange to clamp down on council tax debt

Insight / Legal and tech push changes face of accountancy training

There are changes afoot in the accountancy training world, as ICAEW is revising its ACA qualification to focus more on emerging technology, and Deloitte becomes the first Big Four firm to offer graduate training contract programmes for solicitors

Insight / AI automation: your new favourite co-worker

If partial automation has not yet arrived in the accounts payable department of your organisation, it will not be long before it does, says Magali Michel, director at Yooz

Audit / Majority of client companies dissatisfied with Big Four auditor

The Big Four look set to retain their stranglehold on large listed company audit even though over half of client companies do not rank their current auditor as their first choice

Insight / Moore Stephens network rebrands as Moore

Global accounting and consulting network Moore Stephens has rebranded as Moore, dropping the Stephens element of its name

Insight / Cogital subsidiary Blick Rothenberg snaps up Rees Pollock

Accounting consolidator CogitalGroup and its London division, Blick Rothenberg, has acquired Rees Pollock accountants 

Accounting / HLB network signs up financial data analytics software firm

Mid-tier international accounting network HLB agrees strategic partnership with Inflo, a supplier of accounting data analytics, to provide improved and consistent service for clients around the world

Insight / Apprenticeship levy too complicated for SMEs, says ICAEW

The apprenticeship levy is failing to fulfil expected training demands and needs to be reformed to offer more flexibility for SMEs to offer apprenticeships

Accounting / Goals Soccer Centre for sale after accounting scandal

Goals Soccer Centre plc has hired Big Four firm Deloitte to help with the sale of the company following 'significant' accounting errors relating to VAT declarations and the suspension of its share listing

Insight / How AI and machine learning can benefit finance teams

Debbie Green, vice president of applications at Oracle UK, analyses how the latest technologies can be best utilised for accountants and provides advice on how companies can benefit from artificial intelligence (AI) and machine learning

Accounting / Directors’ duties when trading through insolvency

Suzanne Jones, partner at Seddons, examines the consequences for directors working in the 'twilight zone' when companies are teetering on the edge of insolvency and what they need to consider if they continue to trade

Insight / Deloitte UK revenues up 11% as partner profits hit £882k

After a year of hostile criticism of the audit profession, Deloitte has reported a double figure increase in fee income to £3.97bn as the Big Four firm pays out a record partner profit share