UK-based integrated accounting and advisory practice Affinia has acquired Richard Place Dobson (RPD), an accountancy firm headquartered in Crawley, West Sussex. RPD was established in 1908 and works with clients across a range of industries. The firm is particularly active in the charity and not-for-profit sectors, where it has built a longstanding practice. RPD managing director Matthew Tyson said: “We are delighted to be joining Affinia. Having met many of the people that have made them so successful ...

The International Ethics Standards Board for Accountants (IESBA) has launched a dedicated workstream to study ethical issues arising from private equity investments in accounting companies. The initiative is intended to determine whether there is a need for new ethics requirements or revisions to existing standards that specifically address alternative practice structures (APS). Under the workstream, IESBA will collect data and conduct targeted analysis to decide if a full standard‑setting project is ne ...

By Exec Edge Editorial Staff When Masha Bucher founded Day One Ventures in 2018, she built it on a contrarian premise: early-stage founders don’t just need capital—they need someone who can tell their story. Eight years later, that thesis has scaled into a fund with a portfolio captured over $250 billion in value, and 2025 is the year that proved it right—again. This year, Masha Bucher and her team deployed capital across companies spanning nuclear energy, health, AI, mineral exploration, defense biotec ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The Financial Accounting Standards Board on Wednesday opted not to consider a change to current accounting guidance used by airlines to account for settlement payments they receive from aircraft manufacturers to compensate them for lost revenues and/or higher costs due to planes grounded because of equipment failure. Currently Generally Accepted Accounting P ...

LightFieldStudios/Envato Stephanie Murrin believed she was doing the responsible thing by hiring a professional to handle her taxes. Now she’s fighting the IRS over a $328,000 tax bill tied to returns filed back in the 1990s (1). The man who prepared them, Duane Howell, allegedly inflated deductions and fabricated expenses to boost refunds and line his own pockets. Howell, whose license had already been suspended for previous fraud convictions, allegedly inflated deductions and fabricated expenses across ...

Abacus Worldwide has extended its international association of independent accounting, consulting and legal practices by adding Albania-based company Q-Lever to its network. The Tirana-based operator specialises in technology-led consulting, working with organisations to convert complex data into usable insights and facilitate decision-making. Its services span business intelligence, analytics and wider data solutions. Q-Lever’s team includes analysts, engineers and developers who collaborate across sec ...

The Association of Chartered Certified Accountants (ACCA) has welcomed the UK Government’s plans to tighten rules on late payments, saying the changes could “transform the cash flow of the small business sector”. The proposals, set out by the Minister for Small Business and Economic Transformation, Blair McDougall, are intended to help small businesses address late payments. According to a government statement, the Small Business Commissioner will receive new powers to investigate poor payment practices ...

The Association of International Certified Professional Accountants (AICPA) has announced that Hainan Province in China has introduced a new programme to develop finance talent in support of its broader Free Trade Port strategy. As part of the initiative, the Chartered Global Management Accountant (CGMA) designation has been officially recognised as meeting the programme’s professional entry criteria. This recognition gives CGMA holders a direct route to participate in the scheme. The designation is be ...

The Association of Chartered Certified Accountants (ACCA) has called on the Financial Conduct Authority (FCA) to ensure UK companies are equipped to meet increasingly demanding sustainability reporting requirements. In a statement, the ACCA said it submitted its views while responding to the regulator’s consultation on ‘Aligning listed issuers’ sustainability disclosures with international standards’. The accountancy body stressed that the FCA must balance the drive for more decision-useful information ...

UK accountancy group bk plus has moved into the London market through the acquisition of local company Freeman Carr. Financial details of the transaction were not disclosed. The Chiswick-based practice was established in 2003 by Lisa Carr and provides services to individuals and businesses across London and the South East. Carr began her professional career at KPMG before launching her own practice. She said: “I founded Freeman Carr to give clients clear, practical advice delivered in a way that is ap ...