United Kingdom: Accounting and Audit

Every November, I watch the same pattern unfold across the legal industry—managing partners huddled over calendars, budgets, KPIs, and headcount projections, convinced that the next level of growth lives somewhere inside the walls of their existing schedule.

The National Audit Office (NAO) recently published its report on the costs of clinical negligence.

As the legal industry becomes increasingly defined by the integration of advancing technologies, many law firms today are learning that having top legal talent is no longer enough to continue growing and remain competitive.

Along the way, effective listening is REALLY important. Rather than telling the Client how much they need your services, you'll have more success asking probing questions and hearing what the Client says, to understand what they really need.

New guidance issued by HMRC encourages taxpayers to identify areas of uncertainty in their tax returns and to provide additional information unless HMRC agrees otherwise.

Companies apply IFRS 2, 'Share-based Payment', to account for transactions in which they receive goods or services in exchange for equity instruments such as share options or awards granted to employees.

Forensic accountants play a crucial role in uncovering financial irregularities, whether in business disputes, litigation, or regulatory matters.

Many family law matters become contentious and emotional. However, whether in a community property state or equitable distribution state, each marital dissolution case has an end in sight, i.e., an equal division or fair distribution of assets, debts and income.

In California marital dissolution cases involving business assets, efficient resolution hinges on comprehensive business valuations and forensic accounting. Key steps include detailed business valuations covering operations, financial, economic, and industry analyses, as well as forensic accounting to verify records and identify non-business or non-recurring expenses.

As someone who has delivered systems changes in finance and actuarial teams for insurance clients for over two decades, I have mixed feeling following the firming up of the IFRS 17 rules and deadlines.

In the first part of an occasional series looking at what it's really like to work at Deloitte, we speak to Elizabeth Hollinger, head of our Analytics Lab in Scotland...

The Department of Health and the Government Actuary’s Department have published an actuarial valuation of the NHS Pension Scheme which has an effective date of 31 March 2012.