2024-25 Update: The Year in Accountancy

(22 reviews)

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

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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.

Reviews

4.5
(22 reviews)
5
4
3
2
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    SR
    Sharon Rose R
    04 Mar 2025
    04 Mar 2025
    Very informative. I would recommend for any accountant.
    FM
    Farrukh M
    02 Jan 2025
    02 Jan 2025
    Helpful insight
    EC
    Elena C
    31 Dec 2024
    31 Dec 2024
    Very informative!
Recommended

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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
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