IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
AI-enhanced deception: The audit industry’s next big test January 19, 2026 The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]
Accountancy body reverts to in-person exams over AI cheating fears December 29, 2025 The UK’s accounting body, which has almost 260,000 members, is planning to halt remote exams amid a surge of students cheating with AI. The Association of Chartered Certified Accountants (ACCA) has said that from March it will no longer allow students to take online exams, except in exceptional circumstances. Remote testing, like in many universities [...]
Accountancy body warns Finance Bill could criminalise honest mistakes December 19, 2025 A body has expressed serious concerns that measures in the upcoming Finance Bill could pose an “existential threat” to professional firms and cause significant harm to compliant taxpayers. The Institute of Chartered Accountants in England and Wales (ICAEW) pointed out several effects the Bill has on tax advisers, including introducing a criminal offence for promoting [...]