Blog
The challenge of data accuracy in auditing and how to fix it

Posted on 18 December 2024
As you know, data accuracy is essential in auditing, but it can be challenging to achieve. Auditors often face the issue of inconsistent or outdated data, with information coming from various sources that don’t always align. This inconsistency can lead to prolonged verification and reconciliation processes, as you then need to cross-check data to ensure […]
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How do you maintain consistency between one office and another?

Posted on 12 December 2024
Nowadays, accountancy firms can be stretched across multiple locations, especially since Covid and the rise of work from home. Often, this can arise from mergers or acquisitions where your firm takes control of another in a different city or town. On the one hand, this is a good thing! You can serve a wide array […]
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How to efficiently manage the year-end audit rush

Posted on 4 December 2024
The year-end audit rush – the time of year that sends most accountants into a very busy, stressful period. Every business wants their audit finalised before the books close, and if you’re working with larger companies, interim audits add to the chaos. Often, accountants find themselves juggling a heavy workload, deadlines, and clients who aren’t […]
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Lower staff levels during the holiday period? Can you manage?

Posted on 28 November 2024
As the holiday season approaches, many firms experience a significant reduction in staff, with key members of the payroll team taking well-deserved time off. While this is a normal and expected occurrence, it can cause operational strain if you don’t manage it effectively. As you know, payroll teams are responsible for ensuring that salaries, bonuses, […]
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How are accountants likely to be affected by the Budget?

Posted on 20 November 2024
With the recent Autumn Budget delivering personal tax changes, accountants across the UK are facing a new wave of complexities in managing their clients’ needs. From updates to Capital Gains Tax (CGT) and Business Asset Disposal Relief (BADR) to Inheritance Tax reliefs such as Agricultural Property Relief (APR) and Business Property Relief (BPR), the industry […]
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