Home

Latest News

By Steve Williams

10th March 2025

The new charity SORP – get ahead of the game now

Two key changes to the Charity SORP are income recognition and leases - two of the biggest amendments to UK accounting in recent years – and will impact how charities report their financial activities from 2026.

Read this post

By Steve Williams

6th February 2025

Reflections on the 2024 Academy Reporting Season and Top Tips for 2025

Looking forward to the 2025 academy reporting season, there are a few key areas to consider that can improve the process and ensure compliance.

Read this post

By Steve Williams

20th December 2024

Will my charity require an audit?

New legislation to increase the thresholds for company statutory audits has now been published by the Government but there are no changes to charity thresholds.

Read this post

By Matt Osbourne

19th December 2024

Audit reforms confirmed for 2025: What does this mean for your business?

The Government has published new legislation to increase company size thresholds, which determine whether a company requires a statutory audit, by 50% from 6 April 2025. As a result, for an estimated 132,000 businesses their audit will no longer be compulsory.

Read this post

By Armstrong Watson

7th October 2024

6 common SRA Accounts Rules breaches

The SRA Account Rules were revised in 2019 but there are some common breaches we see. Sadie Archibald, Legal Sector Audit Team Assistant Manager, looks at how these breaches can be managed internally. 

Read this post

By Armstrong Watson

18th July 2024

Armstrong Watson becomes first UK accounting firm to join Institute of Customer Service

Armstrong Watson is is aiming to be recognised as  “the best financial advisory firm to deal with, delivering the best client experience in the UK" and has become the first accounting firm to join The Institute of Customer Service

Read this post

By Lauren Graham

26th June 2024

Could you be saving money on your group audit?

When it comes to the audit of a group of companies in the UK, the UK parent company can make a statutory guarantee, to its subsidiary or subsidiaries to reduce the overall audit scope. But what are the benefits and risks?

Read this post

By Karen Rae

24th June 2024

Charity Trustees: six main duties and responsibilities

As a Trustee, you, alongside your fellow Board members, have overall control of a charity and are responsible for ensuring that it fulfils its charitable purpose and undertakes the activities it was established to do.

Read this post

By Steve Williams

13th June 2024

Independent examinations for small charities

With the noise around changing audit thresholds, trustees of smaller charities may be thinking “what about me?” The article considers how trustees can obtain accountability and support even when a charity is below the audit threshold.

Read this post
Academies Accounts Directions

By Steve Williams

22nd April 2024

2024 Academies Accounts Direction (AAD) Updates: What you need to know

It seems not long since we finished the 2023 financial reporting cycle, but we've entered the final term of school, and the 2024 year-end is fast approaching.

Read this post

Enquiry Form

All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.

Armstrong Watson Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.