Gender discrimination at senior executive level – what you need to know

Women enter the accountancy profession in large numbers, but often by the time they would otherwise be ready to take on leadership positions, they have dropped out and women remain under-represented in leadership positions. Leadership culture has been defined by the centre for creative leadership as “the self- reinforcing web of beliefs, practices, patterns and […]Read More

Audit news round-up

Sports Direct in Audit Limbo Mike Ashley’s high-street giant Sports Direct has asked the UK government how it would react if it was unable to appoint an auditor, following audit firm Grant Thornton telling regulators that it intends to quit. The accountancy firm has audited Sports Direct since it floated on the stock market in […]Read More

MNEs face increased transfer pricing fines from HMRC

HMRC fines targeting multinational enterprises’ (MNEs) transfer pricing have increased tenfold in the last two years, according to Freedom of Information (FOI) data obtained by LCN Legal. For MNEs, transfer pricing agreements stipulate what one company charges another for a transaction. While these agreements are required for intercountry agreements, MNEs can carry a higher risk […]Read More

A-level results spur accountancy firms to embrace school leavers

School leavers across the UK have received their A-level results and accounting firms are more prepared than ever for the rising number of apprenticeship-seekers. UCAS figures show that there has been a 1% fall in university acceptance from 2018 to 2019, with A-level scores falling across the board. Only 25.5% of UK entries received an […]Read More

Payroll for small businesses: what you need to know

Whether the business you’re accounting for is just starting up or it’s a seasoned SME, ensuring employees are paid correctly is a fundamental aspect of running a successful business. Regardless of its business sector, employee duties or opening hours, it is your legal obligation as an employer to deliver what’s expected when payday comes around. Purpose […]Read More

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