New UK taxation rules concerning allowances on the value of property to be passed on to descendants could mean that records need to be kept over the span of a generation.
The revised residence nil-rate band that affects the calculation of the level of inheritance tax relief available to families is expected to mean records will need to be kept for far longer periods than ever before.
Small and medium-sized practices (SMPs) must diversify in order to be successful, according to a new study from The Association of Chartered Certified Accountants (ACCA).
The global body for professional accountants has issued a report called 'The Global SMP business model: understanding a changing profession' that concludes competition for survival is harder than ever before.
Although using qualified accountancy personnel is an essential part of the financial planning for any business, today there are many ways that the preparation of data can save time and money for small businesses and SMEs.
In fact, many accountancy sector professionals encourage small business to use payroll software that can help make data gathering less man-hour intensive and smooth the passage of information transfers to HMRC.
Children in the UK who are just starting secondary school have a decent chance of living to 100 and will have up to 40 different jobs in their lifetime, a head teacher's conference at St Andrews University in Scotland has heard.
With graduate employability and a pending skills gap worrying many CFOs according to recent studies, chief executive of Fast Futures, Rohit Talwar, has been laying out a vision of the future for the leaders of UK educational establishments.
According to the latest analysis on salary data by Michael Page, the global specialist recruitment company, the financial services sector offers an average of £20,000 more for roles in London than in any other UK region.
However, the analysis also revealed that some industries have a higher earning potential outside of London in other areas of the country.
Up to 45,000 UK freelancers could be negatively affected by restrictions on tax relief for work travel if the UK Government proceeds as planned, according to The Association of Independent Professionals and Self-Employed (IPSE).
Proposed changes include the abolition of home-to-work travel and subsistence tax relief for some workers.
A public consultation has begun in the UK regarding sweeping new European Union reforms of company accounting, which are due to come into effect in June 2016.
The EU rules will see the Financial Reporting Council (FRC) take responsibility for the supervision of 50 accounting firms and include requirements for companies to replace their auditor at least every 20 years.
Having at least one female executive board member means that a company's board outperforms rivals that are made up exclusively of males, according to a new report.
Women in business: the value of diversity, a report from Grant Thornton International, covers listed companies in the UK, US and India and found that diversity on executive boards could have been worth £430bn in 2014.
More than one in four of Britain's manufacturing SME's are having their potential for growth held back by a shortage of skilled workers according to a new survey.
MHA, the UK-wide group of accountancy and business advisory firms, has made the claim in its latest annual Manufacturing Survey, which sampled 400 mainly small and medium sized manufacturing and engineering businesses in the UK.
The issue of Natural Capital Accounting (NCA) is a concept that should be promoted among businesses, investors, governments and wider society, according to three leading professional, campaigning and business organisations.
In their latest joint paper, The Association of Chartered Certified Accountants (ACCA), Flora & Fauna International (FFI) and the Big 4 firm KPMG highlight the importance of NCA across a wide range of operations.
The latest CBI/PwC Financial Services Survey has found that financial services firms experienced slowed growth in business volumes during the three months leading to September.
The rise in overall business volumes was at the slowest pace in two years, coming on the back of almost two years of strong expansion. However, overall optimism about business was stable due to over two and half years of continuous improvement.