Today’s news in brief – 26/7/2024
Accountancy Today
by Cynera Rodricks
9h ago
UK M&A activity saw a 66% increase in value to £68bn in H1 2024, despite a 20% drop in deal volume compared to H1 2023. PwC’s report shows 1,703 deals, close to pre-Covid levels and similar to H2 2023. The rise was driven by 16 large deals over £1bn. Major sectors included industrials and services ..read more
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The Economic Crime and Corporate Transparency Act: an overview
Accountancy Today
by Corina Duma
9h ago
The Economic Crime and Corporate Transparency Act 2023 (ECCTA), which received Royal Assent on 26 October 2023 and became law, covers a wide range of reforms – Companies House being one of many that have been overhauled under this act.  The act builds on the Economic Crime (Transparency and Enforcement) Act 2022, which was introduced ..read more
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FRC publishes latest annual enforcement review
Accountancy Today
by Sofia Floris
9h ago
The Financial Reporting Council (FRC) has published its sixth annual enforcement review which provides a summary of FRC enforcement activity for the year ending 31 March 2024. This year’s review explains how the principles of proportionality and consistency are embedded throughout the FRC’s approach to investigation and enforcement work.  An example of this is the ..read more
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DJH ranked number 1 in the Top 50 SME Apprenticeship Employers 2024
Accountancy Today
by Cynera Rodricks
14h ago
Top 50 accountancy group DJH has announced that it has been crowned the number 1 in England for the Top 50 SME Apprenticeship Employers 2024 rankings. The Top 50 SME Apprenticeship Employers showcase the apprenticeship employers that have done the most to provide apprenticeship opportunities over the past 12 months. Entries for the rankings opened ..read more
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Burgis & Bullock appoints private client tax manager
Accountancy Today
by Heather Sandlin
14h ago
Burgis and Bullock has appointed Helen Marshall as private client tax manager at its Leamington Spa office as it continues to expand its specialist tax team.She brings more than 20 years’ experience in tax roles to the firm, after starting her accountancy career as an apprentice. Marshall, who is Association of Chartered Certified Accountants (ACCA ..read more
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PKF supports Altona Rare Earths on new share issue
Accountancy Today
by Liam J Moran
14h ago
PKF has announced that it has supported Altona Rare Earths Plc in the publication of a prospectus to issue 76,248,759 new Ordinary Shares. These shares have been issued for trading on the Main Market of the London Stock Exchange. Altona Rare Earths is a resource exploration and development company focused on critical raw materials in ..read more
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UK M&A value rises two-thirds in H1, PwC finds
Accountancy Today
by Sofia Floris
15h ago
The value of UK M&A activity for the first half of 2024 rose by two-thirds compared to the same period last year despite volume being down by a fifth over the same period, according to figures from PwC’s latest Global M&A Industry Trends report.  In total the UK saw 1,703 deals in H1, compared to ..read more
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Crowe UK becomes member of Sunflower network
Accountancy Today
by Corina Duma
15h ago
Crowe UK has become a member of the Hidden Disabilities Sunflower network in its continued effort to provide an inclusive, safe workspace for staff and clients.  Since launching in 2016, the Hidden Disabilities Sunflower network has collaborated with high-profile organisations to raise awareness of disabilities and conditions that may not be immediately apparent.  The Sunflower ..read more
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Today’s news in brief – 25/7/2024
Accountancy Today
by Cynera Rodricks
19h ago
MHA, an accounting and advisory firm, reported a 27% increase in revenues to £180m for the year ending 31 March 2024. This growth was driven by significant double-digit increases across nearly all its offices and service lines, including a 49% rise in audit and assurance and a 20% rise in tax services. The firm’s key ..read more
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FRC launches market study on NHS audit market
Accountancy Today
by Cynera Rodricks
19h ago
The Financial Reporting Council (FRC) has today (25 July) announced the launch of a comprehensive market study into the audit market for NHS providers and Integrated Care Boards (ICBs).  The initiative is in response to growing concerns about difficulties NHS bodies are facing appointing and retaining auditors. As the shadow system leader for local audit ..read more
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