If you’re a self-employed business owner, you will need to choose a type of accounting you prefer when registering with HMRC: cash basis or traditional. In this guide, we’ll be explaining what the differences are and how to decide which is best for you and your business. What is Cash Basis Accounting? Businesses that use…

The FRC has handed down a £251k sanction to EY UK after the firm was found to have exceeded the 70% fee cap on non-audit services. EY has been hit with a six-figure sanction in relation to the audit of a multinational mining group. Headquartered in Moscow but incorporated in London and listed as a…