Audit fees rise by 75% since 2017 & more…Keep up with what has been happening  in our latest accountancy news round-up…

Audit fees rise by 75% since 2017

Availability of auditors, the complexity of financial reporting and auditing standards, and fewer auditors entering the profession among reasons cited.

Almost half of accountants believe accountancy is viewed as a stuffy, dull profession

According to accountants, one of the main barriers to entry into the profession is the negative stereotypes of accountants or the accountancy profession (40%) according to new data from cloud accounting provider, FreeAgent.

Gravitate Accounting appoints director to lead corporate finance department

Sheffield-based Gravitate Accounting has appointed a director to develop its newly-established corporate finance department.

Chancellor should raise tax thresholds, say accountants

Amid rumours that the Chancellor plans to cut 2% off national insurance in the Budget, accountants warn that frozen thresholds are much more damaging

Businesses call for government to prioritise skills development in upcoming Budget

As we head towards the Chancellor’s Budget on 6 March, new research from leading business and financial adviser Grant Thornton UK LLP finds that businesses would like to see government focus on investing in skills and training to support business growth, as the competition for talent intensifies.