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Anti-money laundering and accounting: 2024 predictions

Accounting Insight

But what will changes in regulation mean for the accounting industry in the coming year? Regulatory consolidation There are currently 22 supervisory bodies that oversee the accountancy and legal sectors and are responsible for ensuring anti-money laundering (AML) compliance.

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UK Accounting Trade Group Weighs In On Late Payments

PYMNTS

The proposals come from the Association of Accounting Technicians (AAT), and the trio of measures would, as reported by Building , change the nation’s Prompt Payment Code. In terms of individual company impact, a boost in Tesla ’s accounts receivable has gained the notice of analysts. To that end, U.K. Tesla And Late Payments.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! World-wide, startups making AI-powered accounting software amassed $233.3 Let the robot takeover commence! Now, that candidate may test in each of those locations.

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Suppliers’ Late Payments Woes Expand Across Borders

PYMNTS

too, continues its own late payments fight, with the Association of Accounting Technicians recently describing the government’s own efforts to combat late payments in the construction sector as “insufficient.” Closes In On Construction.

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Proposed UK Bill Aims To Crack Down On Late Payments

PYMNTS

The Association of Accounting Technicians (AAT) is in the midst of a campaign to fight the problem, with three changes. Late payments can also be counterproductive in terms of productivity, and can also have other effects, like minimizing well-being and causing stress to business owners.

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Online Accountants Forums: The 14 Best

Ryan Lazanis

Online accountant forums can be a valuable resource for accounting professionals looking to expand their knowledge, connect with peers, and stay up-to-date on industry trends. In this post, we’ll explore the benefits of participating in online forums for accountants and enumerate which ones are worth joining.

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Once-in-generation opportunity to fix tax advice market

Accounting Insight

The Association of Accounting Technicians (AAT) has responded to HMRC’s long-awaited consultation on “Raising standards in the tax advice market”, which closes for submissions today. This is about making all tax practitioners accountable, some of whom are currently operating outside enforceable professional standards.

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