“If it ain't broke, don't fix it”, but when you try fixing what's already working (sorta), you'd better bring a good wrench. And right now, it seems like the US and UK can't agree on whose toolkit to use. Talks that ai...
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Why U.S. Accountants Still Cannot Practice in the U.K.
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Subscribe03 APR 2025 / BUSINESS
The US and UK are at a stalemate in their dialogue on allowing American and British accountants to audit across the Atlantic with less bureaucracy; the conversation, initiated in 2018 with a promising pilot program, has broken down over disagreements on audit training standards. This impasse holds significant implications for major firms such as Deloitte, EY, KPMG, and PwC, whose operations rely heavily on cross-border audits.
“If it ain't broke, don't fix it”, but when you try fixing what's already working (sorta), you'd better bring a good wrench. And right now, it seems like the US and UK can't agree on whose toolkit to use. Talks that ai...
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