Category Archives: News

Around two thirds of finance firms do not have any women as executives, senior accountants or partners, according to a report from Visible Women. Of the 4,771 executive board members, senior accountants and partners in the top 1000 firms reviewed, Read more…

Small business and tax experts have told MPs that digitising tax returns will lead to substantial, extra tax costs being placed on small businesses, for no or little medium-term benefit. Consultation on the Making Tax Digital (MTD) project is being Read more…

Following the release of its revenues for the 2016 financial year, PwC has lost its spot as the biggest accountancy firm in the world to Deloitte. This is despite PwC seeing its revenues rise by 7 per cent – up Read more…

Supermarket giant Tesco is facing a £150m lawsuit from a group of 60 large investors, who are claiming to have lost money because of accounting irregularities back in 2014. Two years ago, it was discovered that Tesco’s profits had been Read more…

Research conducted by accountancy firm Deloitte indicates that the gender pay gap will remain until 2069, despite “closing incrementally”, 99 years after the introduction of the 1970 Equal Pay Act. Currently, for full-time workers, the gender pay gap is 9.4 Read more…

The bureau of the FIFA Council has appointed PricewaterhouseCoopers (PwC) Switzerland as the organisation’s new auditors. The world governing body of association football said it had conducted a “thorough, transparent and open selection process” in collaboration with a number of Read more…

PwC has posted a record turnover as the firm hit a double-digit growth in revenue for the second year in a row. For the year ending 30 June, the firm had an 11 per cent rise in revenue, up to Read more…

For the fiscal year ending 31 May 2016, Deloitte has revealed a 9.5 per cent revenue increase up to $36.8bn (£27.5m) across its global network. This is now the seventh year in a row that Deloitte’s revenue has grown, with Read more…

The European Commission (EC) has decided that technology giant Apple should repay 13bn euros (£11bn) in back taxes to Ireland, following a three-year investigation. Tax arrangements between Apple and Ireland were ruled to be illegal by the EC, with the Read more…

In the wake of students collecting their A-level results, global accountancy body ICAEW has said that prospective employees need more than just academic results, highlighting the importance of developing other skills in the workplace. ICAEW conducted a survey of 538 Read more…

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