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NEWS
Deloitte's Glencore audits under FRC scrutiny
The Financial Reporting Council (FRC) has launched a formal investigation into Deloitte’s audits of Glencore plc and its UK subsidiary, Glencore Energy UK Limited, covering financial statements between 2013 and 2020. The UK audit watchdog is assessing whether Deloitte “gave sufficient consideration to the risk of non-compliance with laws and regulations” during its statutory audit.

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THE BIG INTERVIEW

RCK’s CEO on what R&D tax got wrong (and what’s next)
As the new CEO of RCK Partners, James Gibson isn’t chasing scale for its own sake. In a sector battling credibility issues, he’s betting on better judgement, fewer shortcuts, and a renewed focus on what clients actually need.

 

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THE FUTURE OF TAXATION

Making Tax Digital and its impact on accountants in 2025 and beyond
Making Tax Digital (MTD) demands accountants transition towards more frequent tax submissions, shifting from annual returns to quarterly updates, compelling them to adopt HMRC-approved digital tools from 2026. Accountants must guide clients through digital recordkeeping and compliance, presenting opportunities for service diversification, yet also facing resistance from clients attached to traditional methods.

 

🗳️ POLL

Which tax area do you think is most overdue for reform?

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WHAT WE'RE LISTENING TO

Holistic wealth management - Where accountants are positioned to meet client needs
Accountants have the potential to become holistic advisors, offering comprehensive wealth management expertise. Clients seek such advisors for well-rounded financial guidance. This shift aligns with the evolving demands of wealth management.
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