Record trainee intake for MHA Moore and Smalley & more…Keep up with what has been happening  in our latest accountancy news round-up…

Record trainee intake for MHA Moore and Smalley

The new recruits will be based across the firm’s north west offices – including two based full-time at their Lancaster office at St Mary’s Gate – supporting clients and colleagues across the region.


ESG demand will force structure shift among audit firms, experts say

A new ‘coexistence’ of financial audit and ESG advisory teams could emerge due to the nature of sustainability assurance services. PwC has predicted that ESG assets will account for more than 50% of mutual fund assets by 2025 – representing compound annual growth of 28.8% from 2019 onwards.


Late payments costing small businesses £684m per year

Late payments are costing small UK businesses £684m each year due to being paid 5.8 days late on average, according to Xero. Using analysis from thousands of businesses based on revenue and expenses data, the report found that almost half (49%) of invoices issued by small businesses were paid late, with 12% paid more than a month after they were due.


EY to vote on possible firm split


New Chairman for Dains Accountants

Private equity-backed Dains Accountants, which has operations in both the East and West Midlands, has named its new chairman.

 

EY announces the acquisition with Frank Hirth Plc

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