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Manchester City – where were the accountants?

The Manchester City verdict is in, and the 115 claims of sham contracts, false accounting and a total lack of openness (and cooperation) all appear to have be proven,...
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The trail balance is good news – but beware!

The trail balance is one of the first checking tools students learn to use. But, as our Back-to-Basics expert Sarah Wilson says, a trail balance balancing doesn’t mean everything is...
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Deloitte UK partner pay hits £1.2m

Deloitte UK’s results are out, and they show revenue for the year ended 31 May 2026 was up 2% to £5.81bn. Distributable profit jumped 14% on last year at £899m,...
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Grant Thornton offers market-leading salary and more…

Grant Thornton UK has revealed it will be offering its new starters a salary of £40,000 in London. This is much higher than the Big 4 firms, who currently offer...
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AML clues hiding in plain sight

Good accountants do not assume dishonesty. They simply resist the temptation to accept a neat answer too quickly, says AMLCC’s Lisa Simms. In the latest PQ magazine, she explains how...
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Corporate tax receipts break £100bn barrier

Corporate tax receipts rose 4% year-on-year to reach a record £100.4bn in 2925/26. The figures include £95.1bn in mainstream corporation tax, in addition to the bank levy, the bank surcharge,...
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CIMA withdraws from offering L7 apprenticeships to new students

CIMA has confirmed that it plans to withdraw from offering Level 7 apprenticeships for new students when the new standard is implemented on 18 December 2026. There will be no...
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The appropriation account

Partner salaries and interest are not costs of running the business, they are rewards for being a partner! And, the appropriation account has one job – to divide the...
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FI buys Decoded

First Intuition Group Holdings, the company behind First Intuition, has acquired Decoded – a leading data and AI capability training business. FI CEO Martin Taylor explained: “Data and AI capabilities...
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Who should be on our Power list?

The PQ magazine Accountancy Education Power List, is being launched this month. We wanted to recognise the industry’s most influential educators and feel we do not celebrate the people that...
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