TOPIC
The new race to control accounting’s reporting layer
At a glance AI is accelerating the automation of routine accounting tasks. The focus is shifting from bookkeeping to reporting and forecasting. Conversational AI assistants are becoming the new user interface. The accountant's role could well shift to supervising...
4 ways AI has made cyber scams more sophisticated
Small to medium enterprises (SMEs) in the UK lost an average of £11,000 to online fraud in 2024, according to a new study by Mollie. Some 58% of...
‘Checking’ check tech
At a glance Anti-money laundering (AML) compliance can be challenging to implement effectively, but various software solutions are available to...
The UK would be lucky to avoid US tariffs – but a global trade war would hurt everyone
One of the first decrees centred on Trump’s favourite word: tariffs. He announced that US consumers and businesses would be taxed an extra 25%...
7 hacks to turbocharge your professional growth
At a glance Accountants are combining core expertise with new capabilities in AI, ESG and advisory. Professional development requires dedicated...
What are the benefits and risks of outsourcing in accounting?
For accountants, outsourcing certain areas of work can lower costs, free up resources and fill skills gaps. At the same time, outsourcing...
Businesses spend billions to navigate tax system as trust wanes
Image: 160402-UKGH16-101 by W N Bishop under Attribution-NonCommercial 2.0 Generic licence. At a glance British businesses are spending a...
Why supermarkets are siding with farmers over inheritance tax
The proposals to cut certain agricultural reliefs sparked protests by farmers across the UK. Currently, farms benefit from 100% relief on...
How to lead clients through inflation and uncertainty in 2025
At a glance Inflation expected to remain at 2-3% through 2026 Accountants can provide extra value by shifting from compliance to strategic...
What is the latest with MTD income tax self-assessment?
At a glance Next stage of the MTD ITSA rollout is expected in April next year The initiative has previously experienced delays – but accountants...
UK borrowing costs have hit their highest level since the banking crisis. An economist explains what’s happening
Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level of interest that the government...
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