UK accounting bodies are protesting a government plan to remove their responsibilities for overseeing compliance with anti-money laundering regulations, saying it will hurt accountancy firms and increase economic crime. Centralizing anti-money laundering ... See more
The former head of Former Carillion CEO Richard Howson at a Feb. 16 hearing will protest a £397,800 ($535,956) fine announced in 2022, the Financial Conduct Authority said as part of a statement Wednesday announcing two of the company’s former finance dir... See more
Global standard-setters will focus their attention in 2026 on updating fundamental accounting frameworks that have failed to keep pace with recent developments like the spread of digital currencies and software’s increasing importance to corporate value. ... See more
The new year is poised to bring multinational companies greater clarity over whether and how they’ll need to report on their sustainability record, but questions remain over whether businesses will have to prepare separate disclosures to satisfy EU and gl... See more
MHA Plc, the UK arm of Baker Tilly International, has agreed to buy Dubai-headquartered audit and consulting firms as it looks to further expand its international presence. MHA will pay £7.4 million ($10 million) for Moore Stephens’ audit and consulting f... See more
