Following this discussion on how Open Banking impacts accountants by Xero’s Banking, Fintech, and Ecosystem director, Edward Berks. Accountancy Age caught up with Mr Berks to talk more about Open Banking and the future of accounting technology. 1. What is your role at Xero? Xero are best known as offering beautiful accounting software for small […]

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In the first agreement of its kind, the Institute of Chartered Accountants of Scotland (ICAS) has agreed a deal with US accountancy bodies NASBA and AICPA to enable members from each country to practice the jurisdiction of the other nation. The Mutual Recognition Agreement (MRA) enables ICAS members to get the US CPA and licensure, […]

Continue Reading Deal signed between ICAS and US accounting bodies

PwC has taken the lead as the firm with most FTSE 250 audit clients, jumping from third position, according to the Q1 auditor rankings from Adviser Rankings. By adding six new clients PwC swapped positions with Deloitte, who dropped down to the third slot. Almost all FTSE 250 clients are divided between the Big Four […]

Continue Reading Big Four dominate FTSE 250 audit market in Q1 rankings

Attitudes to higher education are changing. Factors such as the rising costs of university and the saturated graduate job market are clearly causing the UK’s school leavers to seriously consider other routes into their desired career. New research from Grant Thornton shows that 77% of young people believe apprenticeships offer good career prospects, and 79% […]

Continue Reading The changing attitudes to apprenticeships in the UK

Apprenticeships are becoming increasingly important in the accountancy industry with the top firms leading the way in raising the number of apprentices recruited each year. Championed by the Big Four and Top Ten firms, apprenticeship programmes are widely held to develop and nurture new talent, contributing to diversity of thought and background within an organisation, […]

Continue Reading National Apprenticeship Week 2018

The level of trust and intimacy with which an accountant knows their clients’ family, finances, and fears is second to none in the professional world, and with that comes added responsibility with advice provided. For a client selling land or property for development, the process can be intimidating. As an accountant, you may be the […]

Continue Reading 10 steps to helping clients sell their land