2024-25 Update: The Year in Accountancy

by accountingcpd

The world has transformed at lightning speed in recent years. This course reviews the key headlines, developments and trends of the past year, to help you understand the implications for the profession, and plan your response.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Navigate the current challenges and opportunities facing the accounting profession
  • Consider how geopolitics and large scale economic events impact smaller organisations
  • Understand the consequences of audit, accounting and business failures on jobs, markets and public trust
  • Start to embrace AI, and its role in accountancy, safely and ethically
  • Keep on top of changes in financial reporting including sustainability reporting and IFRS

About the course

2024 has been a whirlwind. The climate, AI, updated regulations, cybersecurity, remote working dynamics, and client expectations are all contributing to a changing and challenging accounting landscape.

This course reviews the key headlines, developments and trends of the past year, to help you understand the implications for the profession, and plan how to respond accordingly.

Look inside

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Contents

  • Challenges
    • Key challenges for the profession
    • How the year began
    • Climate change: stormy days ahead
    • Taxing times
    • Insurance cost pressures
  • Failures
    • Why failures matter
    • Evergrande: property under the microscope
    • Geopolitics: China and the US
    • H2O: a sorry state of affairs
    • The Post Office scandal
    • Financial crime: a risk-based approach
  • Economics
    • Economics and uncertainty
    • Where the year started
    • Inflation easing
    • Elections, elections, elections
    • Good and bad news
  • Technology
    • Productivity and making life easier
    • Recent trends
    • Accounting tools
    • Klarna: generative AI in action
  • Audit
    • The importance of professional scepticism
    • Growing audit complexity
    • When things go wrong in the accounts
    • The rise and rise of AI in audit
    • Public practice certification
  • Reporting
    • The opportunities of change
    • IFRS 18 makes its appearance
    • Accounting for greenhouse gas emissions
    • Sustainability standards: another step forward

How it works

Author

accountingcpd

This course has been written by the accountingcpd author team.

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Licence

All you need for this year and more.

Team

Keep your whole team up to date.
Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team’s needs
Learn moreLearn moreLearn more
Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.
Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?
Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.
Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.
Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.
Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?
Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.
Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.
Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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