No Accounting for Taste ep154: 2024 predictions, Post Office scandal and IRIS

What does 2024 have in store for the accounting profession? Dan Heelan joins the AccountingWEB team to predict the big topics that will shape the year ahead. In this episode of No Accounting for Taste, the AccountingWEB team and Dan Heelan, a director at the accounting firm Heelan Associates, cast their eyes over the ongoing developments in the Post Office scandal. The Post Office scandal is one of the biggest miscarriages of justice in British history, where postmasters were wrongly accused of theft and false accounting, and was the subject of a recent ITV dramatisation of the scandal. While the postmasters have received some justice in the court of public opinion, many are still grappling with the compensation payment and the financial consequences of being pushed into a higher tax bracket. The team also looks at IRIS’s recent private equity investment and what the ongoing trend of consolidation in the accounting technology space means for accountants and their choice of tools. Finally, Heelan and the AWEB editors place their bets on the big stories they predict in the accounting profession in 2024. Who will take the title of the accounting prognosticator? Tune in to this week’s episode of No Accounting for Taste to find out. For links to the stories discussed in this episode go to: https://www.accountingweb.co.uk/content/no-accounting-for-taste-ep154-2024-predictions-post-office-scandal-and-iris