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In our recent webinar - this is the future, do you understand it? - we confronted some big themes and debated how they might affect the decisions you make in running a practice.

While Nick Williams from Intuit and Stephen Corner from Barnes Roffe...

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In this blogs around Tomorrow’s Practice, I thought I’d introduce myself and the scope of the project. I was a business journalist from 1989 until 2012, writing about how organisations and businesses – sometimes in fairly specific ...

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During my travels around the country talking to businesses and chartered accountancy practices a subject that keeps cropping up is the raising of the audit threshold – the level at which businesses can be exempt from having an audit of their busines...
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39% of small businesses say that their accountant is their chief source of business advice, far more than mention any other source of advice. Indeed, the nearest rivals, consultants are only named by 15%.

These numbers were collected by BIS, and t....

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Technical accountancy is a game not just of numbers but of words as well, and the words matter. If an issue becomes contentious, strong language (for example, ‘verification’ instead of ‘assurance’) could land its users in the...

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No conversation about the future of audit and assurance is complete without some thought given to the future of reporting. Let's talk about how to change the world...

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It is a truth universally acknowledged that a small business needs fewer rules and greater freedom than a big one. We'll be co-hosting a debate in Brussels on 19 February on how chartered accountants can support small businesses - but what do you th...

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Two behemoths are ready to battle, but can Tesco's and Sainsbury's like-for-like sales figures tell us the real story? Taking a look at last year, maybe n...

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Over the past year, the Audit and Assurance Faculty have worked to get our technical ducks in a row on audit exemption. Now I'm looking for your feedback.

We're expecting a world in which most companies can choose whether or not to have an audit....
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One day the audit report could be replaced with a single assurance report covering the whole of the annual report and accounts. That's the conclusion of a new Audit and Assurance Faculty paper, The journey: assuring all of the annual report?

&...