Accounting Insight News
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Get the latest accountancy news. Keeping you up to speed in the fast-changing world of accounting and finance. Whether you want to discover what tech is trending right now or if you need to catch up with the latest on Making Tax Digital, join us at Accounting Insight News.
Accounting Insight News
1w ago
Changes to HM Revenue and Customs’ (HMRC) helpline services are being halted while it considers how best to help taxpayers harness online services.
HMRC announced changes to its helpline services yesterday (19 March 2024) to encourage people to go online first, following trials over the last year.
HMRC is now halting its plans in response to the feedback while it engages with its stakeholders about how to ensure all taxpayers’ needs – including small businesses – are met as HMRC shifts more people to online self-service in the longer term.
HMRC Chief Executive Jim ..read more
Accounting Insight News
1w ago
Introducing Inflo, who have been leading accounting firms’ evolution by modernising audit practices.
Learn more about them, from how they started to what they’ve got in store for Accountex…
What does Inflo do?
Inflo is at the forefront of transforming the auditing profession. Our innovative cloud-based audit management platform is trusted by many of the world’s largest firms and global networks, offering a fully end-to-end, scalable, digital solution. We specialise in:
Automation: Streamlining manual processes through automation.
AI and Analytics: Enhancing quality, compliance, and c ..read more
Accounting Insight News
2w ago
New research from people management platform Employment Hero shows UK payroll providers are struggling for days to deliver each pay run, as messy data and inefficient processes slow them down.
76% of the 444 payroll providers surveyed said the average pay run took one day or more to complete, with “two days” being the most common time for completion.
A recent survey of Australian and New Zealand providers, also conducted by Employment Hero, found a far speedier typical pay run – with 71% saying a pay run took less than two hours, compared to just 2% of UK providers.
British payroll pro ..read more
Accounting Insight News
2w ago
The Accountex team were lucky enough to exhibit at the 20:20 Spring Conference at ETC Venues in London last week.
The theme of the event was ‘People, Practice, Profits and Planet’. The programme was focused on helping practicing accountants develop a more modern practice. The goal being to raise levels of employee engagement and client satisfaction. There were also sessions on smart tech implementation for efficiency and mastering flexible and hybrid working.
Among the speakers were 20:20’s very own Sharon Cooke, a Chartered Accountant and a Chartered Tax Advisor who is an expert ..read more
Accounting Insight News
2w ago
Chaser, the global credit control automation platform and service provider, today announced its integration with Oracle Netsuite® Software (“Netsuite”), a cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses including accounting and financial management. This new integration makes it efficient and cost-effective for organizations using Netsuite to automate their accounts receivable and credit management process.
NetSuite users can seamlessly connect their system to Chaser, gaining access to streamlined accounts receivables ..read more
Accounting Insight News
2w ago
Wolters Kluwer has unveiled a cloud-based anti-money laundering (AML) product in the UK that will drastically simplify and accelerate AML and know-your-customer (KYC) compliance processes for accounting teams, according to feedback from client testing of the software.
Using CCH iFirm AML – the first module to be introduced within Wolters Kluwer CCH iFirm, a new cloud-based tax and accounting platform that launched in the UK last week – the average time taken to run an AML data check is one minute and 15 seconds, said Natasha Chryssafi, Director of Product Management, Wolters Kluwer Tax & ..read more
Accounting Insight News
2w ago
GAAPweb; one of the UK’s leading specialist sites for Accountancy & Finance jobs, is turning to its valued audience and followers to contribute to their 2024 Salary Survey.
Following a year of uncertainty and continued resilience to innumerable economic challenges, GAAPweb strives to investigate and understand the 2024 financial employment market. Building on findings from previous GAAPweb audience insight surveys, it strives to determine the current trends, challenges and changes facing the financial recruitment landscape.
GAAPweb asks for your confidential feedback from across the accou ..read more
Accounting Insight News
3w ago
As we celebrate International Women’s Day, it’s crucial to recognize the pivotal role women play in various professions like finance, which is traditionally dominated by men.
One subset of that field is bookkeeping, where women have been the backbone for centuries. Today, I want to shed light on how empowering bookkeepers aligns with the broader goals of women’s empowerment, drawing from my own experiences and insights.
Allow me to introduce myself. I’m Nana—a woman, a black woman, a mother, and a finance professional with a CPA, CA designation. Throughout my career, I’ve ..read more
Accounting Insight News
3w ago
No matter how well-prepared you and your clients are, the end of the tax year is always a busy time. Statements need checking and re-checking, clients want near-constant communication, and it all happens at around the same time.
Jeremy Hunt added a whole new headache into the mix yesterday with the Spring Budget. Here’s a quick rundown of what you need to know and what you need to sort out before the new tax year begins.
The big immediate job: National Insurance changes
The headline move from the Budget is the one you need to implement almost immediately. From April 6 the main rate of Nationa ..read more
Accounting Insight News
3w ago
International Women’s Day (IWD) is a day celebrating the social, economic, cultural, and political achievements of women. However, the day also marks a call to action for accelerating gender equality.
IWD dates as far back as the beginning of the 19th century, and is recognised around the world. You can learn more about its history here.
We sat down with Accountex Portfolio Director, Caroline Hobden. Discover how she started her career, her advice to fellow women and what International Women’s Day means to her.
How did you get into your career?
I went to university with unwavering ..read more