Tax & Accounting Blog

Accountancy firms poised for major transformation of the profession by 2028

Accountancy firms poised for major transformation of the profession by 2028

Survey by Thomson Reuters finds 96% of accountants expect technology to change their role within the next ten years. LONDON, Tuesday 4th September, 2018 – Accountants forecast significant technological and business model change within the profession by 2028 according to new research from the Tax Professionals business of Thomson Reuters, the world’s leading source of […] … Read More

More than just an accountant: Freddie Faure on cross-country accountancy

More than just an accountant: Freddie Faure on cross-country accountancy

Here at Thomson Reuters, we understand that your job title doesn’t truly reflect the vast spectrum of roles you play every day. So, to dispel the stereotypes and champion accountants, we’re bringing their stories to the fore – about what makes them more than just their job title. We’re celebrating accountants, because let’s face it […] … Read More

On Compliance – what does good risk management look like?

On Compliance – what does good risk management look like?

This month’s pun-tastic podcast focuses on a topic relevant to business owners across every sector. Risk management is particularly significant to accountants due to compliance issues such as MTD and GDPR. AccountingWEB ask two top UK accountants how they have effectively implemented risk management strategies within their practices. Lucy Cohen, co-founder of Mazuma Accountants and […] … Read More

Tech Talk: four accountants share their thoughts

Tech Talk: four accountants share their thoughts

The cloud, a paperless office, the digital accounts process – three hot topics from our recent conversations with four senior-level accountants in practice. Read on for the technology set-up within each firm, how they embedded technology into their everyday processes and their vision for the future. Freddie Faure, co-founder of CooperFaure, highlights the benefits from […] … Read More

On Compliance – FRS 105 updates

On Compliance – FRS 105 updates

This month’s podcast brings us up to speed with recent amendments to FRS 105, a significant compliance issue facing UK accountants in practice. AccountingWEB’s Tom Herbert talks to David Smith, director of assurance and financial reporting content from Mercia Group and Briony Kempton, product manager of advanced from Thomson Reuters. Together, they offer their perspectives on the […] … Read More

More than just an accountant: Stephen Pell on accounting for rockstars

More than just an accountant: Stephen Pell on accounting for rockstars

Ever told someone you’re an accountant and been disappointed by their reaction? Having worked closely with accountants for over 30 years, we know that your job title doesn’t truly reflect the vast spectrum of roles you play every day. So, to dispel the stereotypes and champion accountants, we’re bringing their stories to the fore – […] … Read More