Rai & Associates Ltd

Tim Rush, Audit Partner, KPMG talks about the breadth of experience his career in audit has offered, and why it’s a career worth considering. For more: https://ow.ly/9a1U50QW0xV

Explore the reasons behind the significant rise in audit fees for UK listed companies and its potential consequences here: https://ow.ly/giNn50QMiCB

Happy ! What better excuse than to see what AI would make of our 15th Century Father of Accounting Luca Pacioli.

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Bernie Ecclestone admits to £400m tax fraud Former Formula One supremo Bernie Ecclestone has pleaded guilty to fraud after failing to declare over £400m of offshore assets.

KPMG hit with record fine over Carillion audits KPMG was given a combined financial sanction of £30m following the conclusion of the Financial Reporting Council’s (FRC) investigation into

Checkmate for tax agent who defrauded £750,000 Chess-loving tax agent Robin Moss, who stole more than £750,000 in a tax and mortgage fraud, has been jailed for ten years. Moss, 58, was sentenced at

Mazars hit with £72k fine after audit failings The Financial Reporting Council (FRC) revealed today [1] that challenger firm Mazars was sanctioned over the audit of an unnamed company, although it was

Bank of England hikes interest rates for 14th time Trapped between high inflation and an economy on the brink of recession, the Bank of England (BoE) has once again increased the UK interest rate, updating

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Interest rates hiked for 13th time as inflation remains stubborn The Bank of England has increased the base rate for the 13th consecutive time as data released on Wednesday showed inflation stubbornly remaining at 8.7%.

Judge ruled on tax avoidance cases while investing in schemes herself Investigation finds number of judges invested in tax-saving schemes described by government minister as ‘highly abusive’

Fraud Examiner Article Less than ten minutes into “Madoff: The Monster of Wall Street,” FBI Special Agent Steven Garfinkel looked straight into the camera. “There’s no way you can run a $50 billion Ponzi scheme and not have anybody else know about it,” he said, practically winking.   While hardly the most shoc...

On Jan. 10, 2023, NASBA received and processed the following scores from the AICPA

Next month, get the latest updates on the IAASB's proposed standard for Audits of Less Complex Entities (ISA for LCE) during an hour event ft. speakers from IFAC, IAASB, and EFAA. Reserve your spot to listen in English, Spanish or French: https://bit.ly/LCE-update

Economists forecast major setbacks in bleak 2023 outlook Real wages dropping to 2006 levels, house prices declining by 8%, a fall in happiness, a spike in divorces – just a few predictions from PwC. But there is light at the end of the tunnel.

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HMRC rolls out the income record viewer service for agents After a false start earlier in the year, agents can now use the income record viewer service to obtain access to individual clients’ PAYE information. Clients need to accept a digital authorisation request.

National Crime Agency secures £50 million identified by Barclays as the proceeds of crime The National Crime Agency (NCA) has obtained a ruling from the High Court that allows Barclays to hand over criminal funds to the NCA in a first-of-its-kind civil recovery case. The money – …

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Don’t share your HMRC login details with anyone, including your tax agent. Treat them with the same amount of care as your bank details. For more advice on how to stay safe online, visit Cyber Aware 💻 https://www.ncsc.gov.uk/cyberaware/home?utm_source=facebook&utm_medium=post&utm_campaign=secure&utm_id=secure