EY opens fintech incubator in London & more…Keep up with what has been happening  in our latest accountancy news round-up…

Accountancy firm expands at Humber Enterprise Park

Turpin Accounting Services has agreed terms with estate owner Westcore Europe to take almost 1,000 sq ft of refurbished space over two floors on a five-year lease, doubling the amount of space it occupies.

PCAOB gains ‘complete access’ to audit firms in China

The PCAOB announced Thursday it has secured “complete access” for the first time to inspect and investigate audit firms in China, consistent with the access granted by other jurisdictions around the world.

FTSE 100 CFOs tell Big Four to cut costs after audit price jump

The finance heads of FTSE 100 companies have fired a warning shot at the Big Four over audit fees, telling the accountants to cut costs and avoid further significant increases after their prices rose 22 per cent in four years.

FRC seeks views on periodic review of UK GAAP

The Financial Reporting Council (FRC) has published draft amendments to UK GAAP standards for comment. The consultation is open until the end of April 2023.

EY opens fintech incubator in London

EY, one of the “big four” accounting firms, has launched its first incubator in London aimed at fintech startups and scaleups.