HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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Britain’s accounting watchdog said on Monday it may ban accounting firms from providing consultancy work to firms whose books they check.
Under pressure from lawmakers to toughen up supervision of accountants after collapses at outsourcer Carillion and retailer BHS, the Financial Reporting Council announced a new “strategic focus” to ensure that audit serves the public interest better.
Read more at Reuters.