Accountancy Age

The FRC’s draft Strategy 2025-28 outlines a bold vision: ✅ Upholding public trust through high standards in #governance, #reporting, and #audit. ✅ Supporting economic growth with effective, proportionate #regulation. ✅ Modernising enforcement and supervision to meet future challenges. With economic pressures on levy payers in mind, the FRC is committed to delivering these priorities efficiently. 👉 Learn more and have your say: https://lnkd.in/eFzJfweD #UKRegulation #CorporateGovernance #BusinessStandards #FRCConsultation #AccountancyAge

🚨 Auditor shortages, capacity constraints, and procurement inefficiencies—how resilient is the NHS audit market? The FRC’s interim findings shed light on fault lines that could undermine financial accountability in NHS audits: 🔸 87% of NHS organisations worry about future audit services. 🔸 Audit firms face recruitment challenges, tight schedules, and conflicts of interest. 🔸 Under-resourced NHS finance teams risk reducing audit quality. What changes are needed to restore resilience? https://lnkd.in/ezEbVJ-N #AuditMarket #NHSAudits #PublicSectorFinance #Regulation #AccountancyAge

The #1 challenge for accounting firms in 2025? Attracting and retaining top talent.    The UK Accountancy Sector Outlook Report 2024-2025, in partnership with HSBC UK, explores how firms are addressing this and other key challenges, including:  - Rising cybersecurity risks in a digital-first world.  - Evolving client expectations for transparent, value-driven pricing.  - The accelerating push for sustainability and ESG leadership. Equip yourself with the insights shaping the future of UK accountancy. Download the report today: https://lnkd.in/dk_ypgNw 

Over 70% of UK accountancy firms expect M&A activity to grow in 2025. Are you ready for the shift?    The UK Accountancy Sector Outlook Report 2024-2025 in partnership with HSBC UK breaks down key industry dynamics, including:  - The growing importance of ESG initiatives.  - The strategic role of private equity in reshaping firms.  - How firms are adapting to regulatory change and client pricing pressures. Gain insights from over 100 firms across the UK, ranging from SMEs to billion-pound enterprises. This is your guide to staying competitive in a rapidly transforming sector. Download your free copy today: https://lnkd.in/dk_ypgNw 

The UK accountancy sector is at a crossroads. Are you prepared to navigate the challenges and opportunities ahead?    Our latest UK Accountancy Sector Outlook Report 2024-2025 with HSBC, discusses:  - How firms are investing in technology like AI to stay competitive.  - Why talent retention is a top concern for 67% of firms.  - The rise of M&A and private equity activity reshaping the industry. Whether you're a small firm looking for niche opportunities or a large organisation focused on scaling and compliance, this report provides the insights you need to stay ahead. 📊 Data-driven insights, actionable strategies, and the latest trends—all in one place. Download the report now to future-proof your business strategy: https://lnkd.in/dk_ypgNw

💡 67% of UK accountancy firms rank talent retention as their #1 priority. As firms expand into #DigitalTransformation and #ESG advisory, the competition for a skilled workforce is heating up. Flexible working, career development programmes, and performance-based incentives are becoming critical tools for firms of all sizes. From flexible working arrangements in small firms to performance incentives in large ones, the 𝟮𝟬𝟮𝟰 𝗨𝗞 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝗰𝘆 𝗦𝗲𝗰𝘁𝗼𝗿 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝗥𝗲𝗽𝗼𝗿𝘁 (by Accountancy Age and HSBC UK) highlights how firms are tackling the talent crisis head-on. The future of #accountancy? It starts with people. Read more 👉 https://lnkd.in/eRMkkAP8 #Accounting #TalentRetention #WorkforceStrategy #UKAccountancy

...and the deals keep on coming! IK Partners X Fund has signed an agreement to invest in Dains Accountants & Advisors Accountants, alongside the management team who are significantly re-investing. IK will succeed Horizon Capital as the majority shareholder. Financial terms of the transaction have not been disclosed. https://lnkd.in/etuj68qk #PrivateEquity #AccountingMarket #AccountingInsights #MergersAndAcquisitions Richard McNeilly Pete Wilson

In this week's edition of the Accountancy Age weekly newsletter, read about the Big Moves in Accounting; - Cooper Parry secure major US investment after a staggering £180M growth surge! - Mind the gap; female leadership at top firms drops by 20% despite strides in partnership representation. - Private Equity is shaking up the accounting world by driving consolidation and transforming the sector. What's your take? #AccountingNews #LeadershipDiversity #PrivateEquity #AccountingMergers #Innovation #FemaleLeadership #BusinessTransformation #CooperParry #FinanceTrends #MergersAndAcquisitions

🎉 It's official! Grant Thornton UK LLP is going into business with Cinven. Cinven will take a majority investment in the firm but Grant Thornton’s UK Partner base will remain invested in the business as a significant shareholder. Cinven’s Financial Services and Business Services Sector teams have collaborated closely on the #investment in Grant Thornton, identifying it as a "compelling primary opportunity" underpinned by a "number of attractive characteristics!. You can read the full update here: https://lnkd.in/ernT7qB4 #MergersAndAcquisitions #PrivateEquity #AccountingSector #AccountingNews

🎉 The Year in Interviews: Our Top 5 Revealed! 🎉 From game-changing innovations to century-spanning milestones, our top interviews of the year are a celebration of the people and ideas shaping the future of accountancy—and beyond. 💡 Leadership insights? ✅ 🚀 Industry disruptors? ✅ 🎂 A landmark celebration? You’ll have to read to find out. Plus, don’t miss our Editor’s Choice pick—an inspiring story that perfectly rounds off the year. #AccountancyAge #TopInterviews #LeadershipInsights #AccountingInsights