Phishing season hits HMRC

Plus: How AI is changing accounting for the better

Author

Nikita Alexander
June 05, 2025

 

Daily Digest

EXPERT INSIGHT BY XERO
Power up your practice with AI
Forget the hype - here’s how to actually use AI in your practice.

 

FROM THE MARKET

 

EDITOR’S PICKS

NEWS ANALYSIS
Government red tape stalls growth for almost 1 in 5 UK SMEs
New research from FreeAgent suggests bureaucracy is still biting down hard on the UK’s small business sector — with almost one in five SMEs (18%) citing government regulations as a key barrier to growth.

Aaron Harris, Chief Technology Officer at Sage

 

THE BIG INTERVIEW

Q&A: Inside Protiviti’s front-row view of audit’s next evolution
Protiviti’s Janet Barberis and Deepa Krishnamachari explain why internal auditors need a seat at the transformation table.

 

WE’RE ALSO READING

 

ESG IN ACCOUNTING

How the EU's Omnibus legislation affects CSRD reporting and due diligence requirements
The EU's proposed omnibus legislation aims to simplify ESG reporting by reducing the number of companies subject to CSRD and postponing reporting requirements. This change is crucial for businesses as it eases administrative burdens, allowing them to integrate sustainability reporting efficiently. Companies should leverage the delayed timeline to reassess their reporting strategies and align with the evolving landscape.

 

WHAT WE'RE LISTENING TO

LEADERSHIP LUNCH CHAT
Need for speed in accounting innovation
The discussion emphasises the urgent necessity for accounting firms to quicken their innovation process amidst inherently protracted approval procedures. This acceleration is crucial to remain competitive and adequately serve clients in a rapidly evolving financial landscape. The insights shared provide actionable advice for leadership within accounting firms aiming to drive efficient change.
Listen here

 

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