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Company news

PwC offices at More London Riverside

Cattles launches legal battle against former auditor PwC

Troubled sub-prime lender Cattles is to take PwC to court over its audit prior to the revelation of a huge accounting black hole

05 Feb 2013

Sportech brings in Ladbrokes finance chief

Cliff Baty to join Sportech after seven years with Ladbrokes

31 Jan 2013

kpmg reception

Audit committees don't understand their annual reports

Two-fifths of audit committees from around the world believe their annual reports cannot be understood

30 Jan 2013

Imperial Tobacco FD steps down after more than 25 years

Bob Dyrbus announces his intention to retire from the listed tobacco company

30 Jan 2013

Mothercare Australia enters administration

Mothercare Australia enters into insolvency proceedings after its sale falls through

30 Jan 2013

Safestore FD to leave after a decade in the role

Richard Hodsden to step down in the summer, with Worldpay FD Andy Jones taking the reins

30 Jan 2013

easyJet chairman Rake to step down

Sir Mike Rake's tumultuous period as easyJet chairman is to end – of his own volition

28 Jan 2013

Is your company one of The Living Dead?

Are your clients zombies, and what should advisors look at doing to bring them back to the land of the living?

24 Jan 2013

Begbies Traynor rebrands consulting services

BTG Financial Consulting formed to encapsulate the firm's services outside of formal insolvency

21 Jan 2013

Analysis: HMV latest bricks and mortar biz to fail against online

Failing to offset the slump in sales of hard copy media finally catches up with HMV

16 Jan 2013

PwC administrators called to Jessops

Irreconcilable differences between directors funders and suppliers, such as Nikon and Canon, sees PwC administrators appointed to the 192-store camera chain

10 Jan 2013

MF Global administrators agree deal that could increase creditors’ return

KPMG administrators have managed to arrange a deal that, if approved, will see an increased and quicker return to creditors

09 Jan 2013

Deloitte and SEC to battle it out in court over Chinese audit

Deloitte requests judge throw out SEC case to force it to reveal documents of audit of Chinese IT company

08 Jan 2013

Vodafone CFO takes M&S audit committee role

Andy Halford to take over from fellow finance expert Jeremy Darroch as CEO

02 Jan 2013

WPP CEO says corporation tax “question of judgement”

Sir Martin Sorrell says large corporations will pay tax out of sense of social responsibility and not legal requirements

02 Jan 2013

Businesses look for alternatives to bank funding

Despite generally positive sentiment towards the banks, many businesses are looking to alternative methods of financing

18 Dec 2012

DS Smith rules out accounts problem despite media attention

Post-acquisition accounts filing looms, DS Smith insists, as investigation rules out problems

17 Dec 2012

Safeland lines up new FD as it recoups misappropriated funds

Property developer starts tightening up controls as it looks to recover another £500k of stolen funds

14 Dec 2012

Ex-IBM CFO takes biotechnology group FD role

Stephen Wilson, formerly CFO of Misys and IBM UK, succeeds John Worby who retires from the board

13 Dec 2012

HMV issues going concern warning over covenants risk

Disappointing sales figures sees HMV likely to breach covenants in January

13 Dec 2012

Page 3 of 431

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Profession reaches end of its tether with PAC

After the Public Accounts Committee's latest hearing - in which it heavily criticised Google's tax affairs - many advisers have had enough

#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

CABA's Wendy Saunders and CEO Kath Haines

Feature: Inside the Chartered Accountants' Benevolent Association

After seeing a 70% rise in demand, Calum Fuller visited the Chartered Accountants Benevolent Association to learn more about its efforts to provide support

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

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Briefings

budget-management

Why budgeting fails: One management system is not enough

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.

cchcover

iXBRL: Taking stock. Looking forward

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.