The Exposure Draft for SORP 2026 introduces new expectations for the reporting of volunteer contribution. For practitioners supporting charities, this marks a shift in emphasis from pure financial ...

Hello everyone, looking for input from anyone with *CIC experience *especially around asset lock rules and director’s loans.

Hi, I understand that you pay twice half of what you earned this year on account in the next year. I was expecting to earn less this year so I reduced my ...

Sole trader client (online retail business) has made a small amount of sales via paypal in foreign currency.

The UK government are planning to amend the MLR 2017 later this year. Here's what they say - ...

Studies show that knowledge workers can lose up to 20% of their workweek to a single task: searching for information [1]. For accounting teams, that's an ...

Efforts are being made to provide clarity to the audit profession on how it uses artificial intelligence (AI), as the ...

The Economic Crime and Corporate Transparency Act (ECCTA) is a huge piece of legislation, which will need around 50 statutory ...

The move marks a major play for the US market, in which Xero has struggled to make the same impact as its heartlands of New ...

Since the Scotland Act 2016, some taxes are completely devolved, some are partly devolved and some UK taxes are assigned to ...

With the prudence concept, i.e. there is a higher burden of proof for revenue recognition than for expense recognition, what steps does one need to take to ...

Lorraine Ellison founded Simply Additions Ltd in December 2006. Although the client base is mainly limited companies, the ...