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No Accounting for Taste ep194: Further delays to audit reform

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Manage episode 498790272 series 1257443
Content provided by AccountingWEBUK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AccountingWEBUK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
After seven years of waiting, audit reform faces yet another delay. Matthew Ord reports that business minister Justin Madders has confirmed the draft Audit Reform and Governance Bill won’t move forward for pre-legislative scrutiny. He shares reactions from Julia Penny, Bruce Cartwright and Iain Wright, as the team wonders when reform will finally happen. Tom Herbert then rewinds 30 years to look back on how we have used accounting software. What started as a menu-based, point-and-click system is shifting toward AI-driven free text boxes, but is this really the future? Herbert questions how effective this will be and whether firms are ready to embrace it. Looking ahead, Richard Hattersley turns to growing Budget speculation. With the National Institute for Economic and Social Research warning of a £41.2bn gap, he discusses the potential fallout for businesses, the likelihood of broken manifesto promises and what moves the government might make.
  continue reading

306 episodes

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Manage episode 498790272 series 1257443
Content provided by AccountingWEBUK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AccountingWEBUK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
After seven years of waiting, audit reform faces yet another delay. Matthew Ord reports that business minister Justin Madders has confirmed the draft Audit Reform and Governance Bill won’t move forward for pre-legislative scrutiny. He shares reactions from Julia Penny, Bruce Cartwright and Iain Wright, as the team wonders when reform will finally happen. Tom Herbert then rewinds 30 years to look back on how we have used accounting software. What started as a menu-based, point-and-click system is shifting toward AI-driven free text boxes, but is this really the future? Herbert questions how effective this will be and whether firms are ready to embrace it. Looking ahead, Richard Hattersley turns to growing Budget speculation. With the National Institute for Economic and Social Research warning of a £41.2bn gap, he discusses the potential fallout for businesses, the likelihood of broken manifesto promises and what moves the government might make.
  continue reading

306 episodes

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