AccountingWEB

Proposing a raft of tax increases and spending cuts. It seems as though rookie Chancellor Jeremy Hunt is drawing a line under the radical policies of his predecessor in favour of 'steadying the ship'. Yet, as the country dives headfirst into yet another recession and continues to reel from an ever-growing cost of living crisis, will Hunt's ship steadying be able to navigate the economic icebergs t...

Looming over this week's episode of No Accounting for Taste was the news of the biggest hike in interest rates in 30 years, leaving the current figure at 3%. In light of this news, the AccountingWEB team discuss the ramifications of the BOE's decision. Also on the podcast this week, the team is joined by Jason Croke to dissect Uber's recent £615m VAT payout to HMRC and ask 'what happened to the re...

AccountingWEB's technology editor Tom Herbert spoke with Sage CTO Aaron Harris and Sage Intacct product VP Dan Miller to discuss announcements made at the company's annual Transform event and Sage's plans for the future. Prior to Intacct being bought by Sage in 2017, this conference was the cloud midmarket vendor's annual showpiece and is now used by Sage to highlight new features and innovations...

In today's podcast, the AccountingWEB team discuss the abject chaos plaguing the tory party, as well as being joined by friend of the pod Nick Levine to discuss Deloitte's recent sale of their cloud bookkeeping unit Propel. In what has been a catastrophic tenure at the helm, with Truss' goverment has being forced into multiple U-turns, the AccountingWEB gang ask the question what happens from here...

After a dramatic U-turn from the new Chancellor of the Exchequer, AccountingWEB's Richard Hattersley and John Stokdyk discuss Kwarteng's chaotic tenure at number 11. Also on this week's episode, John reveals all after jetting to Sin City to get the scoop at Netsuite's Vegas conference SuiteWorld - it seems that what happens in Vegas doesn't always stay in Vegas! Finally, we hear from AccountingWEB...

After finally getting the chance to listen in on a Budget that was only "mini" in name, Chancellor of the Exchequer Kwasi Kwarteng has revealed a raft of tax-cutting measures in a radical bid to inject some much-needed growth into a flagging British economy. Yet, with investor confidence sliding and the pound plunging to historic lows, will the Chancellor's risky gamble pay off? Now that the dust...

In the wake of the sad news of Queen Elizabeth II's passing, the AccountingWEB team revisit the Accounting Excellence Awards, and recount the story told by this year's Outstanding Contribution winner Paul Aplin. Also this week, the team looks ahead to a potentially tumultuous period for the UK government as we anxiously await news of an emergency budget expected in the coming weeks. Tom Herbert an...

Alastair Barlow and Lucy Cohen joined the AccountingWEB podcast team to discuss the key trends and innovation coming out of the Accounting Excellence Awards. As the Accounting Excellence finalists nervously await the big awards night on 8 September, on No Accounting for Taste this week we explored how the bleeding edge firms are striving for excellence in the profession and caught up with last yea...

Shetland-based sole practitioner Martin Tegonning beamed into the virtual AccountingWEB podcast booth to discuss the burning issues of the day including MTD ITSA guidance, the Bank of England's predictions of a recession and the recent Supreme Court ruling on holiday pay. Tregonning joined the AccountingWEB team this week to raise concern over the recent Supreme Court ruling that Harpur Trust's ho...

Along with local temperatures, last week’s heatwave saw concerns about global warming shoot up. Having campaigned to encourage accountants in the West of England to embed sustainability into their practices, Natalie Binstead-Wey came along to AccountingWEB’s Bristol podcast studio to explain what she’s been doing in this area. Environmental, social and governance (ESG) reporting is no longer the p...

AccountingWEB technology editor Tom Herbert hits the road for this special episode covering Xerocon 2022. It’s been three years since the last event and a lot has changed for Xero and its users. The Kiwi cloud company have enjoyed massive growth and by and large, maintained a positive perception in the accounting profession for a strong core product. But it’s also come in for some criticism for a...

With the Conservative Party leadership election hotting up, practice owner Carrie Stokes joins the podcast team to discuss whether the UK’s business community value candidates’ tax cut pledges or if stability and clarity win the day. With leadership election fever in the air, there’s been lots of talk about cuts to NI, fuel duty, VAT, corporate tax and many others, fuelled by calls to be bold by b...

The co-founder of Future Cloud has reached new clients and even made strides towards solving the recruitment crisis through social media. Known for her ‘just post it’ style, Francesca records open and truthful videos about the highs and lows of running an accountancy practice. As a relatively new firm, the videos have helped Future Cloud to differentiate itself, gain clients and establish its bran...

Given the blizzard of other priorities faced by the profession in recent years, workflow hasn’t always been the most burning topic for accountants in practice. However, a host of factors are combining to push it up practice agendas, including (you guessed it) the UK government’s Making Tax Digital drive requiring multiple client checkpoints each year. Other, more subtle, factors include the creepi...

As an LGBT+ accountant, the managing director of Steele Financial has suffered discrimination throughout his career. So he created a firm where no one was judged for who they are. As his firm has grown so has his confidence. But while the profession has made great strides, change across wider society is still slow and gradual. Ben talks about ways firms can be more inclusive and how focusing on yo...

With mental health awareness month drawing to a close, the No Accounting for Taste team chat with wellbeing champion Shona Barker on the importance for firms to take mental health seriously. With her background in offering superb mentorship and support to junior staff during her tenure in the industry, Barker offers listeners some keen insights into creating a welcoming and supportive environment...

With recent hacks on high-profile accounting firms making headlines and the current geopolitical instability fuelling a rise in cybercrime, it’s perhaps inevitable that robust cybersecurity protection is creeping up firms’ agendas. Any disruption to practice operations is hugely damaging to business – both reputationally and financially - so it’s vital for firms to take steps to protect themselves...

In this weeks episode, host Richard Hattersley is joined by fellow AccountingWEB editors Tom Herbert and John Stokdyk as they talk workflow success with efficiency guru, Sidgrove's David Sellick. Talking us through his tactics, Sellick gives our panel the lowdown on how to increase efficiency and offers some helpful thoughts on eliminating workflow woes. Our panel also discusses AccountingWEB's to...

Accountants have not had to deal with inflation for a generation and most people did not increase pricing on lockdowns, but many now find themselves having to roll out increases.  In light of the recent record rise inflation, Martin, of Avery Martin Accountants, explains to the panel why his firm, as well as many others, are having to make hard decisions on the topic of increasing pricing. Our pan...

Former Fluidly founder Caroline Plumb joined technology editor Tom Herbert in the first of a new series of monthly podcasts from AccountingWEB - No Accounting for Tech. In a wide-ranging interview Plumb, who recently joined ambitious mid-tier contender Jeffreys Henry as group CEO, discussed how technology is changing firms’ annual cash cycle perspective, the competitive threat tech poses to the ac...

Della Hudson joins the No Accounting for Taste team this week to discuss the ICAEW’s plans to tighten up CPD requirements and all the latest news from the world of accountancy. The accountancy coach and founder of Minerva Accountants delves into the new proposal from the ICAEW which would overhaul the current output based CPD model in response to the “increasingly complex world which our members o...

The founder of Soaring Falcon Accountancy has spent this spring searching for tools to manage the constant stream of emails and client communications. As spring shopping season heats up, Falcon Huerta tells host Richard Hattersley and AccountingWEB’s tech editor Tom Herbert how her search is going. She then reveals what other software has caught her attention this spring. The pod team also rounds...

In this week's epidsode, our panelists look to separate the wheat from the chaff in the Chancellor's Spring Statement. In the aftermath of this year's Spring Statement, host Richard Hattersley and tech editor Tom Herbert chat with resident tax expert Rebecca Cave on the policies looking to be implemented by the Chancellor this week. With a host of new policies for our panelists to get their teeth...

The theme of this year’s International Women’s Day is ‘breaking the bias’. On the podcast this week we’ll explore what this means for the accountancy profession. Mazuma Accountants’ Lucy Cohen takes over the No Accounting for Taste podcast this week to discuss with a panel of influential women working within the profession how they’ve experienced unconscious and conscious bias day-to-day. Joining...

Richard Murphy joins the AccountingWEB team this week to discuss the future of KPMG and scrutinise the current state of audit. As KPMG faces a £1bn lawsuit and constant audit scrutiny, Murphy steps into the virtual pod booth to question just how long the Big Four firm can remain viable. And with the government set to outline their plans to overhaul audit imminently, he also asks what can be done t...