AccountingWEB.co.uk

AccountingWEB.co.uk stands as the biggest independent online hub for accounting and finance experts in the UK. It offers top-notch content and fosters interaction among members, creating a genuine community atmosphere. Nearly half of our visitors are accountants working in practice, and we connect with 75% of firms that are not part of the top 20. The other part of our audience consists of accountants in business, who usually operate within smaller to mid-sized companies.

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Articles

Acquisitions made Cottons a training powerhouse

1 week ago | accountingweb.co.uk | Richard Hattersley

A few years ago, East Midlands firm Cottons hit a recruitment wall. So they acquired another firm. “We needed capacity that we couldn’t get from the recruitment market,” explained Emma Reid (pictured below), partner at the mid-tier firm. The deal delivered headcount, alongside an unforeseen – and unwanted – consequence. “When we brought them on board, we suddenly had all this resource and capacity, but it was at a lower level than we were anticipating.
It’s time audit got a public exposé

1 week ago | accountingweb.co.uk | Philip Fisher

For some reason, our profession continues to be the beneficiary of great good fortune. Rather than suffering under the burden of a damning Panorama-style in-depth investigation, the worst that the BBC has inflicted on accountants is the cruel but bearable satire of Monty Python’s Flying Circus. If ever a serious team of investigative journalists chose to focus on professional standards and performance, we might never recover.
Wolters Kluwer kicks off cloud tax and accounts production rollout

1 week ago | accountingweb.co.uk | Tom Herbert

The release of the tax and accounts production tools comes a little over a year after Wolters Kluwer launched its CCH iFirm platform in the UK, adding anti-money laundering and bank confirmation modules later in the year, and with the ultimate goal of rolling out an end-to-end cloud accounting suite. Now the Dutch developer has added two products to the platform that aim to move the cloud compliance needle – CCH iFirm Personal Tax and CCH iFirm Accounts Production.
MTD public beta goes live, Excel (not) dead, One Login security woes

1 week ago | accountingweb.co.uk | Tom Herbert

AccountingWEB's technology editor Tom Herbert rounds up the latest news and analysis from the accounting technology universe in bite-sized video form. Links to all stories featured in the video (AccountingWEB links unless specified otherwise) -> £ sign leads to a subscription site:• Now is the time to volunteer to test MTD IT• Is Canva Sheets the next Excel killer?
HMRC unlocks multi-agent access for MTD IT

1 week ago | accountingweb.co.uk | Richard Hattersley

For years, multi-agent functionality was one of the missing pieces from the development of the tax authority’s Making Tax Digital for income tax (MTD IT) puzzle, despite being fundamental to the way agents and bookkeepers would work together to manage a taxpayer’s tax affairs under the programme. But that’s all changed. One of the main developments over the past 12 months in the evolution of MTD IT has been the introduction of multi-agent access.
AE insights: What’s driving mid-tier firms forward?

1 week ago | accountingweb.co.uk | Richard Hattersley

With the 2025 Accounting Excellence Awards now open for entries, we look back at the key trends and insights from last year’s finalists. The first category in the spotlight is the mid-tier firm of the year.
FRS 102 changes: The impact on accountants

1 week ago | accountingweb.co.uk | Tom Herbert

The accounting profession is bracing for significant changes to UK Generally Accepted Accounting Principles (GAAP), with the implementation of the changes originating from Financial Reporting Exposure Draft 82 (FRED 82). The FRS 102 amendments are due to take effect for accounting periods commencing on or after 1 January 2026. While promising greater cross-border consistency and enhanced transparency, the adjustments also place significant new demands on accounting professionals.
EY hit with second audit failure fine in a week

1 week ago | accountingweb.co.uk | Matthew Ord

EY has been hit with its second fine in a week over auditing failures, with the Big Four firm carrying out work despite being ineligible. The investigation concerned the statutory audit of the financial statements of Stirling Water Seafield Finance plc (SWSF) for the year ended 31 December 2019. SWSF is a financing company, which is part of a group of businesses and is a wholly owned subsidiary of a UK parent.
Access Evolve targets mid-market system sprawl

1 week ago | accountingweb.co.uk | Tom Herbert

Access Evolve builds on the company's established Financials product, integrating acquired technology such as Lightyear’s accounts payable automation and Fathom’s cashflow forecasting and management reporting tools into a specific business suite with finance and accounting at its core. The platform also contains payroll, HR, CRM and other modules and features.
Get your 2025 Accounting Excellence entries ready

2 weeks ago | accountingweb.co.uk | Richard Hattersley

The Oscars of accounting will emanate again from the Roundhouse in London on 30 September, but before the accounting glitterati walk the red carpet or dream of lifting an Accounting Excellence trophy, they must first craft an award-winning entry. The window is now open for firms, individuals and finance teams wanting to win one of 16 awards on the biggest night of the year in the accounting calendar.