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No Accounting for Taste ep187: MTD, agentic AI and audit sanctions
Manage episode 478817446 series 1257443
Content provided by AccountingWEBUK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AccountingWEBUK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
With HMRC expanding the MTD pilot from 16 April, Richard Hattersley unpacks the updates, including long-awaited multi-agent access and questions around the value of quarterly updates. Tom Herbert adds insight into technical challenges and what this means for accountants. Herbert then shifts gears to agentic AI, a more advanced form of artificial intelligence that carries out complex, multi-step tasks. Drawing from a conversation with tax advisor Alastair Wilson, he explores how this tech could reshape the profession, reduce overheads and impact entry-level roles. To close, Matthew Ord looks at a string of audit sanctions against EY, including issues with audits of Thomas Cook and Stirling Water Seafield Finance. Hattersley rounds out the discussion with news of the FRC’s investigation into EY’s handling of the Post Office audit, as the team reflects on the growing need for reform.
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290 episodes
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Manage episode 478817446 series 1257443
Content provided by AccountingWEBUK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AccountingWEBUK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
With HMRC expanding the MTD pilot from 16 April, Richard Hattersley unpacks the updates, including long-awaited multi-agent access and questions around the value of quarterly updates. Tom Herbert adds insight into technical challenges and what this means for accountants. Herbert then shifts gears to agentic AI, a more advanced form of artificial intelligence that carries out complex, multi-step tasks. Drawing from a conversation with tax advisor Alastair Wilson, he explores how this tech could reshape the profession, reduce overheads and impact entry-level roles. To close, Matthew Ord looks at a string of audit sanctions against EY, including issues with audits of Thomas Cook and Stirling Water Seafield Finance. Hattersley rounds out the discussion with news of the FRC’s investigation into EY’s handling of the Post Office audit, as the team reflects on the growing need for reform.
…
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Wharton faculty and industry leaders discuss their latest research, books, and relevant business topics. Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
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…
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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continue reading
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continue reading
A bite-sized show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening in today's economy. It's a quick hit of insight into money, work, and business. Monday through Friday, in 10 minutes or less.
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