Forvis Mazars in the UK

?? How will IFRS 18 impact you? In April 2024, the International Accounting Standards Board (IASB) published the new standard IFRS 18: Presentation and Disclosure in Financial Statements. This standard replaces IAS 1, and amends several other standards including, IAS 7, and IAS 8 ?? Our latest article points out the key objectives of the IFRS 18, such as: ?? Improving disclosure and presentation in financial statements ?? Providing transparency and consistency for stakeholders ?? Supporting the economic decisions of users Find out more ? https://lnkd.in/eViR8W7X #Accounting #IFRS18 #FinancialReporting #UKBusiness

???? The Insolvency Service is intensifying its efforts to sanction those guilty of Covid loan misconduct. Recent measures include an increase in Bankruptcy Restrictions Orders (BROs) and Undertakings (BRUs), targeting individuals who abused Covid support schemes. ? The consequences of BROs and BRUs can be significant and long-term. Read our latest article to understand the full impact and ongoing efforts ? https://lnkd.in/e3uHx8yk #InsolvencyService #FinancialIntegrity #FraudPrevention #CorporateGovernance

It was great to welcome our APEX members and Local Authority clients back to our London Office for the APEX winter event yesterday ? Our public and social sector experts discussed the key themes from our Annual Local Government Risk Report and explored what should be included in Internal Audit plans for 2025/26. Our Innovation and Digital Skills Director, Robbie White, also led an insightful session on data analytics, which included: ?? Uses of data analytics in the public sector ?? Improving service delivery with AI in Internal Audit Thank you to everyone who joined us yesterday! #PublicSector #LocalAuthorities #InternalAudit #WeAreForvisMazars

Our Deal Advisory Due Diligence team is delighted to announce its role in providing financial and tax due diligence services to SOCOTEC UK in its acquisition of Aspect Land & Hydrographic Surveys Ltd ?? Aspect Land & Hydrographic Surveys is a UK-based company specialising in various survey services. They offer topographic, hydrographic, geophysical, oceanographic, and environmental surveys, among others. ?? The strategic acquisition strengthens SOCOTEC UK’s specialist surveying services and environmental portfolio and enhances opportunities for local expansion. Read more ? https://lnkd.in/e7w4AREq Chris Jackson, Chandni Naik CA(SA), Imran Butt, Andrew Ross Funmilola O. #DueDiligence #FinancialAdvisory #Tax

The PRA has introduced the Single Capital Buffer (SCB) under the new Small Domestic Deposit Takers (SDDT) regime ?? This streamlined approach replaces the current buffer for smaller banks and building societies. In our latest article, we explore how the SCB will be calculated and if it is going to be a significant change compared to the current regime ?? Read the full article ? https://lnkd.in/ehK2X--a #FinancialServices #Banking #Regulation #Innovation #SDDT #CapitalBuffer

?? It was great to showcase #PeopleXplore at the Driving Organisational Change conference today. Thank you so much to everybody who visited our stall and spoke to our Management consulting team ?? ?? Wanting to transform your business success with data-driven HR? Find out more ? https://lnkd.in/ee_Qpp2c #PeopleAdvisory #PeopleAnalytics

? Moving to a cloud ERP can be daunting, but a well-planned project can ease stakeholder concerns. Effective management of costs, resources, and schedules ensures feasibility and economy. ?? In the latest article, we explore some of the pitfalls to watch for as well as how you can reduce the risks and bring the business on the change journey with you ? https://lnkd.in/ecM-56t8 #CloudERP #ProjectManagement #BusinessTransformation #BusinessStrategy

? Our Chief Economist, George Lagarias, MBA, outlines three important areas investors should consider in our weekly market update: ?? In the past few days, markets have been cheering at the prospect of deregulation, especially in the banking sector. ?? @Scott Bessent, picked to lead the US Treasury, is a fervent advocate of deregulation. Rt Hon Rachel Reeves has also spoken about the need to reduce regulatory burdens. ?? Reducing bank regulations is not the perfect silver bullet to attain growth and reduce deficits. Read more of George’s insights ?https://lnkd.in/e9QgZBzU #Investment #UKEconomy #Banking #Regulation

Discover how AI is revolutionising the fight against money laundering ?? Our latest article explores the innovative ways artificial intelligence can enhance detection, streamline compliance, and protect financial systems from illicit activities. Read more ? https://lnkd.in/efR9TzaX #AI #AntiMoneyLaundering #FinancialServices #Innovation #Compliance

?? Last month we were delighted to host our Corporate Quiz Night supporting Lewis-Manning Hospice Care. ?? Taking place in Marsham Court Hotel, Bournemouth, members of our Poole office battled it out their teams, participating in great games and enjoyed some delicious food. ?? We are delighted to announce that we raised over ￡1,200 for Lewis-Manning Hospice Care on the night! ?? Many thanks to all who attended and helped support such an amazing and inspirational cause! #WeAreForvisMazars #Poole #CorporateQuizNight