AI ‘will turbocharge cybercrime and fraud’ & more…Keep up with what has been happening  in our latest accountancy news round-up…

AI ‘will turbocharge cybercrime and fraud’

Chief internal auditors are worried that AI is likely to fuel a surge in cyber, fraud and economic crime, according to a new poll.

Buzzacott strengthens Social Housing team with John Butler

John Butler joins Buzzacott as Assistant Manager within their Charity and Not-for-Profit audit team, specifically strengthening their Social Housing offering. John joins Buzzacott from the National Housing Federation, where he was its Finance Policy Lead.

Graham Gardner from Kreston Reeves named one of the UK’s top 35 accountants aged under 35

Graham Gardner has been named one of the UK’s top accountants by the prestigious industry publication Accountancy Age.

Property transactions continue upward trend but challenges remain, says RSM UK

Commenting on the latest government figures for monthly property transactions, Stacy Eden, partner and head of real estate at RSM UK, said: ‘Residential property transactions for May 2024 sat at 91,000, 2% higher than in April and 17% higher than in May 2023. However, numbers are significantly below the pre-pandemic level of 100,000 per month. Whilst it is clearly good news that the market has stabilised and turned the corner following the significant rise in interest rates in 2022 and 2023, transactions are still below historical levels, highlighting that market challenges remain…

BDO strengthens partner team with further three appointments

Accountancy and business advisory firm BDO LLP has strengthened its partner offering with an additional three appointments.