Technology

Insight / 13% of accountancy firms have no website

The accounting sector’s presence on social media is lacking compared to other industries with only half of firms having a twitter profile and 13% admitting to not having a website, according to a report by Propero Partners

Audit / Deloitte takes pole position from KPMG for McLaren F1 technology

KPMG has terminated a planned decade-long agreement with McLaren Applied Technologies after only two years, and the F1 grand prix racing specialist supplier has now signed a partnership deal with Deloitte

Insight / Commission issues cyber alert to charities

The Charity Commission has issued an alert to charities and has provided regulatory advice on cyber attacks under the Charities Act 2011, following the recent ransomware attack on NHS services

Insight / Mergers and acquisitions: tips and pitfalls

The UK may be experiencing the most volatile economic climate in decades, but for many companies there is at least one silver lining amid all this uncertainty, merger and acquisition (M&A) activity is booming, Miguel Vergara, EPM Evangelist at Oracle, outlines how to make a merger a success by consolidating data and Cloud software

Insight / KPMG International buys fintech matchmaker

KPMG International has announced the acquisition of Matchi, a leading matchmaking platform that connects financial institutions with carefully vetted fintech companies worldwide, after working with the company for the past two years

Insight / BHP merger strengthens cloud accounting team

Top 40 accounting firm, Barber, Harrison and Platt (BHP) has merged with York-based Atkinsons Consulting Limited, adding eight staff to the practice and boosting its cloud accounting support company

Insight / Big Four firms grab 20% of digital consulting business

The Big Four accounting firms have carved out a 21% share of the total global revenue from digital transformation consulting, which was estimated to be worth $23bn (£18bn) in 2016, with Deloitte dominating the market, according to Source Global Research

Accounting / Companies House to reduce costs by 3.5% despite increase in workload

Companies House has outlined plans to reduce costs of baseline activities by 3.5%, despite having an increased workload, and will focus investment on improvements to digital services, expecting to have digital filing options for 99% of accounts by March 2018

Audit / Internal auditors critical to cyber security response

The Chartered Institute of Internal Auditors (CIIA) says a spate of recent high-profile data breaches and the introduction of new regulations mean internal audit has a critical role in providing advice and assurance around cyber security

Accounting / Companies House plans Easter downtime

Most of Companies House’s online services will not be available over the Easter holiday period due to planned maintenance

Insight / Companies ill-prepared for outsourcing failures

Over the last three years, one in three UK companies have experienced major disruption or complete failure due to the actions of outsourced providers, according to a survey from Deloitte, which warns that the majority are unprepared to deal with failures by third parties

Insight / Pension pots available in one location from 2019

The Association of British Insurers (ABI) has built an online Pension Dashboard prototype which allows individuals to view their various pension pots in one place, with government aiming to make the service available to consumers by 2019

Insight / Deloitte US scoops IT cloud consulting business

Deloitte in the US has acquired substantially all of the assets of Day1 Solutions, a cloud consulting firm, after announcing a commitment to add 3,000 high-tech engineering jobs and open new cloud studios in the US over the next year

Insight / MPs challenge Chancellor over cyber security risks

Andrew Tyrie, the chair of the Treasury committee, has challenged the Chancellor about arrangements to ensure cybersecurity in the financial services sector, which he describes as ‘opaque’ and ‘a headless framework’, warning these are potentially inadequate in tackling the risks facing the banking system

Insight / Warning on cyber threat from financial ‘trojans’

The annual assessment of the biggest cyber threats to UK businesses has been released, the first to be produced jointly by the National Crime Agency (NCA) and the newly formed National Cyber Security Centre (NCSC), which has dealt with 188 high-level attacks in the UK in its first three months
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