Accounting sector veteran Pauline Wallace named UKEB’s first permanent chair & more…Keep up with what has been happening  in our latest accountancy news round-up…

Azets founder Connolly lines up backers for £1.5bn accountancy firm bid

The former Deloitte UK CEO John Connolly is assembling a bid for Azets backed by TowerBrook Capital Partners and Warburg Pincus, Sky News learns.


Accounting sector veteran Pauline Wallace named UKEB’s first permanent chair

Accountancy sector veteran Pauline Wallace has been named as the first permanent chair of the UK Endorsement Board (UKEB). The former PwC partner will start her three-year term as head of the body set up to ensure the UK complies with international accounting standards on 11 September 2022.


ICAEW responds to consultation on charity sector Annual Returns

Proposals by the Charity Commission for more detailed information to better identify risks and understand the sector raise concerns about unnecessary red tape, data reliability and confusion about the information being sought.


Birkenhead accountancy practice acquired by northern market leader

Birkenhead-based TAC Accountants has been acquired by Leeds-headquartered Northern Accountants, for an undisclosed sum. TAC was established in 2019 by founder Ben Thexton, and with a three-year plan to grow and sell the business, the move is perfectly “on schedule.”

 

EY announces the acquisition with Frank Hirth Plc

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