Remove accountant Remove accounting firms Remove chartered accountant Remove Government
article thumbnail

Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.

CPA 98
article thumbnail

New Bill Seeks To Clarify Legal Status of Digital Assets in the UK

Menzies

Menzies LLP - A leading chartered accountancy firm. The update will also bolster the country’s influence in the global legal landscape, where English law governs £250 billion of mergers and acquisitions and 40% of corporate arbitrations.

Legal 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals. INSIDE Public Accounting continues to tease the upcoming release of the IPA 500.

CPA 113
article thumbnail

Senior Accounting Officer (SAO) Help sheet

Menzies

Menzies LLP - A leading chartered accountancy firm. The Senior Accounting Officer (SAO) is a regime where large companies / groups are required to appoint an individual to act as their SAO and the SAO must certify each year whether there are “appropriate tax accounting arrangements” in place. What is the SAO?

article thumbnail

Expected changes to company size thresholds from 6 April 2025

Menzies

Menzies LLP - A leading chartered accountancy firm. Substantial change to company size thresholds The UK government has recently announced a substantial change to company size thresholds, the first revision to the thresholds since 2016, as they attempt to simplify the regulatory landscape for UK businesses.

article thumbnail

Crypto owners – what does the forthcoming budget mean for me?

Menzies

Menzies LLP - A leading chartered accountancy firm. In their manifesto Labour promised not to raise income taxes, so we can reasonably expect the Government will be targeting other taxes in order to help raise funds to cover the so-called £20bn ‘black hole’. An increase to capital gains tax? When will CGT increase?

article thumbnail

Autumn Budget Commentary: Tax Disputes and Disclosures

Menzies

Menzies LLP - A leading chartered accountancy firm. HMRC Recruitment Drive The Government has confirmed that 5,000 new HMRC compliance officers will be recruited, with the first 200 of these starting in November. This is expected to cost £1.4 billion over 5 years and raise £2.7 billion by 2029/30.

Tax 59