Your Daily Accounting Briefing – 2024-02-27

1 min read

Let’s see what’s in the news today.

FTC hits H&R Block over ‘free’ online filing claims

The Federal Trade Commission filed a complaint against tax prep giant H&R Block accusing the company of deceptively marketing “free” online tax filing when its products often were not free and deleting consumers’ data when they tried to downgrade to less expensive products.

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Just one in six Brits want tax cuts

With tax cuts rumoured to be on the agenda at next week’s Budget, the majority of people would like the Chancellor to leave tax rates alone

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Kilsby Williams appoints three new directors

Tax and accountancy specialist Kilsby Williams has announced a trio of senior level promotions to start the new year. The Newport-based business has promoted Lucy Cre …

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Ofwat blasted for lack of internal audits at water suppliers

A quarter of UK water companies do not have an internal audit function despite many reporting significant financial losses

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Monday Morning Accounting News Brief: Semper Fi-nancial; EY Gets a D in Auditing; Deepfake CFOs Are a Thing

“The Marines Can Count” and less incredible headlines like Pennsylvania opening up one office to accountants with associates degrees.

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