The UK has been dragging its feet on new EU accounting rules, but now the playing field seems to have changed dramatically over the course of the last week.
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There seems to be no end to the row caused between the Government and accounting reforms, heedless of the injury it’s causing the industry at large.
An accounting firm in London has become involved in the tax row between the two main candidates for the job of London mayor.
Online accountants may be interested to learn that HMRC has now published its consultation document on a proposed cash accounting system for micro-businesses.
Accountants will no doubt be aware that George Osborne acted to close the VAT anomaly surrounding hot food and sports drinks when he presented his Budget last week.
Recent research by Randstad suggests that the number of temporary contracts is on the increase as accountants look to take control of their careers in these turbulent economic times.
iXBRL filing has been with us for nearly a year and the majority of contractor accountants say it has caused disruption to their practices.
Accounting should be a profession that is accessible to all, not just the privileged few, according to leading tax bodies recently.
PwC has started a new scheme to help females who want to join the male-dominated accountancy profession.
A degree should not be a prerequisite for those wishing to become accountants, according to the ICAEW.