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The connected accountant: why technology is the future of accounting

Accounting Insight

Today, the most successful accountants are proactive advisors, seamlessly integrated into their clients’ businesses. Cloud accounting, automation, and real-time data access are transforming how accountants work. Those who embrace these tools become what we call ‘connected accountants’. What is a connected accountant?

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Employer’s National Insurance rises: the great pass-on experiment?

Menzies

Menzies LLP - A leading chartered accountancy firm. So why is a forensic accountant commenting? This usually comes up in Sale and Purchase disputes, where parties try to define specific accounting policies for their deal but inadvertently cause conflict or confusion with standard accounting. The list could go on.

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Upcoming Changes to FRS: What They Mean for the Hospitality and Leisure Sector

Menzies

Menzies LLP - A leading chartered accountancy firm. The Financial Reporting Council (FRC) has announced significant amendments to FRS 102, the UK’s principal accounting standard for small and medium-sized entities. For hospitality businesses, this could affect how revenue is recognised for: bundled services (e.g.

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UK Insolvency Trends 2025: Key Considerations for Credit Managers 

Menzies

Menzies LLP - A leading chartered accountancy firm. These figures show the growing financial pressures on businesses, particularly those in vulnerable sectors, such as construction, retail, hospitality, and manufacturing. The construction sector, which accounts for 17% of all insolvencies, remains particularly vulnerable.

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ESG Adoption and Hospitality: The Path Forward

Menzies

Menzies LLP - A leading chartered accountancy firm. Also, what are some specific examples of good ESG practice that can help a hospitality business move forward? Key Challenges in Hospitality in 2024 – 2025 The hospitality industry is set to face a number of challenges through the next 12 months or so.

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Embracing digital transformation in the Hospitality and Leisure sector

Menzies

Menzies LLP - A leading chartered accountancy firm. Digital transformation is changing how hospitality and leisure businesses operate. To meet their demand, hospitality and leisure providers, such as hotel chains, have modernized traditional systems and processes with innovative cloud technology.

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Are Hotel Businesses optimising their cashflow benefits?

Menzies

Menzies LLP - A leading chartered accountancy firm. 2025 is proving to be a challenging year for hotel businesses. The recent rise in employment costs from minimum wage and national insurance increases, rising energy costs and supply chain disruptions all create financial strain. close close How can Menzies help businesses?