Insight / IFAC seeks volunteers for key board roles

The International Federation of Accountants (IFAC) is calling for nominations for two key roles on its volunteer board and positions on three of its committees, saying it is seeking diverse candidates that reflect the depth and breadth of the global accountancy profession

Insight / MPs call for action on gig economy tax avoidance

Two Parliamentary select committees have put forward a draft bill designed to close loopholes in the gig economy, which MPs say allow companies to use bogus ‘self-employment’ status as a route to cheap labour and tax avoidance

Tax / 78% of HMRC employees unhappy with pay

Just over one fifth (22%) of HMRC civil servants were happy with their pay and benefits in 2017, a drop of 2% compared to the previous year, despite the tax authority seeing a growth in satisfaction across all other areas of work, according to the latest Civil Service people study

Insight / People in the news: FRP Advisory, Moore Thompson, Watson Buckle

In this week’s moves and appointments roundup, FRP Advisory promotes team members across its Essex and Birmingham offices, Moore Thompson appoints five members including three trainees across its offices, two trainees join Watson Buckle

Insight / ICAEW highlights ‘personal finance director’ opportunities

ICAEW is launching an initiative next month in a bid to encourage chartered accountants to play a wider role as ‘personal finance director’, by providing lifetime wealth planning to help SME owners/managers and their families better manage their personal financial and investment affairs

Insight / Eight out of 10 millennials reject Big Four careers

A third (33%) of millennials at small-medium sized accounting firms want to remain within this sector while 21% wish to pursue careers at the Big Four, challenging the assumption that smaller firms are a stepping stone to larger employers, according to ACCA’s recent global study

Insight / Accounting job vacancies rise by 15%

Job vacancies for accounting professionals rose by 15% across the UK in the third quarter of 2017 compared to the same time last year, with Brexit uncertainties driving demand for contractors, according to recruitment specialists Robert Walters UK

Insight / Millennial interviews: the audit director

This week CCH Daily talks to Joe Aswani, an audit director in BDO’s London office, on the struggles of being a trainee, his unique role in audit and how he gets to travel the world

Tax / No inflation increase to HMRC worldwide subsistence rates

HMRC has confirmed that worldwide subsistence rates for expenses claims for employees travelling outside the UK will not be increased to account for post Brexit currency depreciation or inflation

Insight / EY rated best accountancy firm for student leavers

Ten accountancy firms feature in a new ranking of the top 100 employers in the UK for school and college leavers, with EY leading the way in a table drawn up by RateMyApprenticeship

Insight / Scottish financial services firms target women returners

Seven top Scottish employers including RBS, Standard Life Aberdeen and Prudential, have signed up to a government-funded programme to help professional women get back into skilled financial services jobs after an extended career break

Insight / 23% of accounting firms allow pets in the office

One in five accounting firms now allow employees to bring pets into the office despite 22% of workers complaining about the pet friendly policy, with more women than men believing that having a pet at work helps reduce stress, according to CV-Library

Insight / People in the news: Baldwins, RSM, BDO

Career news this week includes three directors join Baldwin’s North East tax team, RSM appoints an indirect tax partner in its London office, BDO’s Birmingham office gains an audit partner from PwC

Insight / Mercer & Hole launches expert witness service

Mercer & Hole Chartered Accountants has set up an expert witness service, to provide support giving evidence and opinion on business valuation, professional negligence and divorce cases

Insight / Government pushes for greater top level boardroom diversity

The government is calling for FTSE 350 companies to make more of an effort to encourage senior level diversity, after research showed the percentage of women reaching top board positions remains low