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business urged to respond now to new eu ai act

29 Jul 2024

Businesses developing and procuring AI tools have been urged to study the recently introduced EU AI Act, so they can understand how it will apply to them.

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financial service leaders optimistic for sector’s future

29 Jul 2024

Two-thirds (67%) of financial services leaders are more positive about the sector’s future following the General Election, according to KPMG’s latest UK Financial Services Sentiment Survey.

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ipsasb puts focus on public sector sustainable reporting

29 Jul 2024

The International Public Sector Accounting Standards Board (IPSASB), with support from the World Bank, is developing a climate-related disclosures standard for the public sector.

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aia responds to proposed sustainability revisions to international education standards (iess)

23 Jul 2024

AIA welcomes proposed revisions to the International Education Standards (IESs) issued in April 2024, emphasising the integration of sustainability across accountancy qualifications.

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tolley unveils new ai product

22 Jul 2024

Tolley has announced the development of Tolly+ AI, a generative AI product designed to transform tax research and guidance.

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hmrc campaign targets persons with significant control

22 Jul 2024

HMRC is writing to persons with significant control (PSC) who have not filed a tax return or may not have declared all their income.

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global forum members raise £18.3bn in extra tax revenue

22 Jul 2024

Participants in the Global Forum’s Asia Initiative have successfully raised at least €21.8 billion (£18.3 billion) in additional revenue (tax, interest and penalties) since 2009.

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government announces draft audit reform bill in king’s speech

17 Jul 2024

The Government has announced a Draft Audit Reform Bill within the King’s Speech and will press ahead with reforms of company audits and corporate governance with plans for a more powerful regulator.

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