IRIS Launches Practice Management Platform as Firms Battle 105-Day Billing Gaps and Rising Write-Offs
IRIS Software Group unveiled IRIS Firm Management (IFM), a unified practice‑management platform for mid‑to‑large UK accounting firms. The solution tackles a 105‑day average billing gap and rising write‑offs by integrating time‑recording, WIP, billing and financial reporting. Early adopters report up to 25% fewer write‑offs and a reclamation of two to four hours per employee each week. IFM is offered in a rapid‑deployment Core version and a scalable Advanced version for complex, multi‑office practices.
In the Age of AI, Orchestration Is What Drives ROI
A recent accounting‑industry study shows firms with integrated, orchestrated technology stacks earn 28.3% more revenue per employee than peers, a gap that predates the AI boom. The article argues that AI accelerates tasks but cannot coordinate work, making orchestration the...
Why Your Accountancy Firm Is Invisible Online — And How to Fix It
Many UK accountancy firms remain invisible online despite expertise, losing potential clients who search for local accountants each month. The guide outlines a low‑cost marketing infrastructure—targeted buyer personas, mobile‑optimized websites, local SEO, and high‑ROI email—showing that a £1 investment can...
Navigating the Talent Shortage
The Advancetrack 2026 Accounting Talent Index shows a deepening talent shortage that is forcing accounting firms to turn away clients, operate at near‑full capacity, and slow growth. Over 500 respondents report mental‑health strain among practitioners and cite workflow redesign, cloud‑based...
MTD for Sole Traders: Common Mistakes and How to Avoid Them
The article busts the most common Making Tax Digital (MTD) myths that trap UK sole traders, from the belief that quarterly updates mean four tax payments a year to the idea that free spreadsheet tools are sufficient. It clarifies that...
CASS 15: A Practical Guide to the New Safeguarding Rules
On 7 May 2026, the FCA’s new CASS 15 rules will overhaul how payment institutions, e‑money firms and credit unions safeguard client money. The regime raises the bar by requiring annual audits by registered audit firms, monthly FCA reporting, daily...
Karbon Launches The Loft to Help Accountants and Bookkeepers Master AI Through Peer Collaboration
Karbon, the AI‑powered practice management platform, has launched The Loft, a hybrid community space for accountants and bookkeepers to accelerate AI adoption through peer collaboration. Leveraging its 80,000‑strong weekly newsletter audience, The Loft offers open forums, AI readiness assessments, free...
How AI Agents Are Transforming Bookkeeping Workflows
AI agents are reshaping bookkeeping by moving from generic chat‑based tools to purpose‑built assistants that operate within firm‑defined rules. Dext AI Assist exemplifies this shift, acting like a junior bookkeeper that learns a firm’s categorisation logic and applies it consistently...
3 Minutes with Erik Asgeirsson, President and CEO of CPA.com
Erik Asgeirsson, president and CEO of CPA.com, highlighted how artificial intelligence is reshaping accounting firms from task‑driven operations to insight‑driven advisory practices. He explained that AI not only automates routine processes but also unlocks deeper analytics across audit, tax, and...
How Are Finance Teams Using AI Right Now?
Finance teams are experimenting with AI, but adoption is split between early adopters using autonomous agents and the majority stuck in legacy ERP workflows. The main barriers are a shortage of hybrid accounting‑AI talent, fragmented data architectures, and weak governance...
The Hidden Cost of “Last-Minute Compliance” In Accounting Firms
Accounting firms face rising hidden costs from last‑minute compliance as HMRC’s digital mandates, such as Making Tax Digital, tighten deadlines. Rushed reviews increase error rates, demand extra correction time, and strip away valuable advisory conversations with clients. The article contrasts...
Choosing Finance Software in the Age of AI: Five Decisions Leaders Can’t Afford to Get Wrong
Choosing finance software now hinges on AI readiness, governance and speed rather than sheer feature count. AccountsIQ research shows 61% of finance leaders are comfortable using AI, yet 66% find implementations stressful and a quarter exceed seven months. Leaders are...
Growing Your Accounting Practice: The Key Trends Shaping UK Firms in 2026
UK accounting firms are moving from a client‑volume mindset to a value‑centric model, targeting high‑quality, advisory‑ready clients. Proposals have become strategic tools that showcase deep business understanding and transparent pricing. The rise of advisory services and the rollout of Making...
Use Outsourcing To Improve The Accuracy Of MTD IT Records
UK accountants face increasing pressure to meet Making Tax Digital (MTD) requirements, prompting many to outsource bookkeeping and compliance tasks. Offshore providers such as Unison Globus UK offer dedicated professionals who follow standardized checklists, multi‑level reviews, and cloud‑accounting expertise, delivering...
MTD Is a Labour Problem, Not a Software Problem
U.K. Making Tax Digital (MTD) compliance is lagging, with only about 30% of the sole traders and landlords required to register having done so. The core obstacle is not a shortage of approved software but a labour gap: firms and...