10 Jan 2013
A LISTED investment business has swapped its auditors.
Early Equity, listed on the ICAP Securities & Derivatives Exchange, has recruited Clement CW Chan as its auditors following a tender process. Brett Adams has stepped down.
Further reading
Early Equity was founded in 2005 and had worked with early-stage companies to help grow and finance their businesses. Its new business strategy is to invest in companies with the potential for significant growth in the medium to long term.
In autumn, it issued $10m (£6.2m) of bonds in the company, with Encore Investment subscribing to up to $5m. It has also expanded into Hong Kong and Singapore.
Its former auditor, Brett Adams, is based in London, while Clement CW Chan is a Hong Kong-based firm.
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Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
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