Today’s news in brief – 28/3/2024
Accountancy Today
by Cynera Rodricks
14h ago
EY has welcomed John Divers as the new transaction diligence leader for the North of England, based in Manchester. With over 20 years of deals market experience, Divers aims to grow EY’s transaction diligence team in the North, supporting businesses across the M&A life cycle. His expertise in private equity, corporate transactions, and sectors like TMT aligns with Manchester’s vibrant M&A markets. Stephen Church, North market leader at EY, expresses excitement about Divers’ appointment, anticipating growth and client success under his leadership. Armstrong Watson has bolstered its heal ..read more
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EY appoints new transaction diligence leader in the North
Accountancy Today
by Sofia Floris
14h ago
EY has appointed John Divers, a partner with over 20 years of experience in the deals market, as the firm’s new Manchester-based transaction diligence leader for the North of England.  Divers joined EY in 2019 as a partner based in Edinburgh after spending 18 years working for Deloitte.  He brings vast experience of supporting transactions across the mid-market, having spent much of his career working with private equity (PE) funds, corporates, and high-growth businesses, on a range of transactions including buy-outs, growth investments, corporate acquisitions, refinancings, corporat ..read more
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Saffery promotes six to partner
Accountancy Today
by Lewis Catchpole
19h ago
Saffery, the accounting and advisory firm, has announced the promotion of six directors to partner, with effect from 1 April. Based in the Harrogate office, David Bussey is a chartered accountant and Trust and Estates practitioner, advising families and owner-managed businesses across Yorkshire and the North East. He is a member of the firm’s Land and Rural Group and specialises in advising owners of landed estates and rural businesses on the many and often complex taxation and accounting issues they face, including succession planning, capital taxes mitigation, property transactions and gener ..read more
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ForrestBrown promotes Patent Box specialist to associate director
Accountancy Today
by Liam J Moran
19h ago
ForrestBrown has announced the promotion of Angela Banerjee ATT to associate director in recognition of her role in successfully developing a Patent Box relief service for clients. After joining ForrestBrown’s Scotland office as a senior tax manager in 2022, Banaerjee has helped innovative businesses across the UK benefit from Patent Box relief. The Patent Box regime encourages companies to commercialise their intellectual property by providing a reduction in Corporation Tax on profits earned from patented inventions. Banerjee’s promotion signals ForrestBrown’s continued commitment to growing ..read more
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Armstrong Watson appoints specialist medical financial planning consultant
Accountancy Today
by Sofia Floris
19h ago
Armstrong Watson is continuing to develop its services for healthcare professionals with the recent appointment of Benjamin Walsh as a specialist healthcare financial planning consultant.  Walsh has joined the firm after four years with Cavendish Medical and has extensive knowledge of the NHS Pension Scheme and its associated intricacies.  As an independent financial planning consultant, he will work with medical clients, supporting them through the ever-changing pensions, tax, and economic landscape.  Regarding his appointment, Walsh said: “Headline changes, from the removal of ..read more
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Audit profession stands at ‘crossroad in fight for talent’, ACCA says
Accountancy Today
by Cynera Rodricks
19h ago
Persistent challenges facing the auditing profession in its battle to attract and retain talent, has led to a decline in the number of individuals entering the profession, according to a survey conducted by accountancy bodies the ACCA and Chartered Accountants Australia and New Zealand (CA ANZ) which was supported by a series of global roundtables. Insights from more than 6,500 finance professionals across the globe revealed a sector whose workforce is demanding flexible working and equitable remuneration in the face of increasing concerns about individuals’ work life balance. More than half o ..read more
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Audit profession needs to address talent challenges, ACCA and CA ANZ say
Accountancy Today
by Sofia Floris
2d ago
The audit profession faces persistent challenges in its battle to attract and retain talent, a new report by ACCA and Chartered Accountants Australia and New Zealand (CA ANZ) revealed. The survey, conducted on more than 6,500 finance professionals across the globe, highlighted a sector whose workforce is demanding flexible working and equitable remuneration amid increasing concerns about individuals’ work-life balance.  More than half of the survey respondents were aged 25-42, with 37% current auditors, 33% former auditors, and the rest considering audit as a future career. Five were the ..read more
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Today’s news in brief – 27/3/2024
Accountancy Today
by Cynera Rodricks
2d ago
Sheetal Sanghvi has become the new office managing partner for RSM UK in Leicester, leveraging her 18 years of experience within the firm. Her role focuses on fostering team culture and driving momentum for 200 employees in the East Midlands. Sanghvi aims to collaborate with leadership and staff to propel the business forward, acting as an ambassador and championing growth and excellence within the region. The appointment follows Sanghvi’s successful tenure as office managing partner in Nottingham, ensuring consistency and growth across the East Midlands under RSM UK’s leadership. Jeremy Brown ..read more
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KPMG UK joins SAP PartnerEdge programme
Accountancy Today
by Cynera Rodricks
2d ago
KPMG in the UK has announced that it has joined the SAP PartnerEdge programme, combining its industry-specific, business-centric approach with the power of SAP’s technology to help clients fast-track their digital transformation journeys with the aim of becoming “future-ready” businesses. The KPMG digital transformation suite of solutions and services provides access to leading practice operating models pre-configured on SAP, along with human-led leading practice implementation. KPMG professionals are helping clients accelerate business transformation, enable generative AI adoption, and enhanc ..read more
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Kilsby Williams expands business services and tax teams
Accountancy Today
by Lewis Catchpole
2d ago
Tax and accountancy specialist Kilsby Williams has strengthened its business services and tax teams amid a series of new appointments. Ken Vargis has been appointed as a manager in Kilsby Williams’ business services team. An assurance professional, he will be applying his “significant auditing expertise” to support the firm’s varied client portfolio. Joining Vargis in the business services team is Hannah Griffiths, a Swansea University accounting and finance graduate. In her role as business services assistant, Griffiths will be involved in the preparation of accounts for a number of clients a ..read more
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