Company news

kpmg reception

KPMG sells Little Chef to Kuwaiti owners Kout Food

KPMG facilitates sale of Little Chef to Kuwaiti group Kout Food

07 Aug 2013

MoneySupermarket website

Moneysupermarket.com says goodbye to CFO

Paul Doughty, who led the business to its successful listing on the LSE, steps down after nearly ten years in the role

31 Jul 2013

RBS logo

RBS fined £5.6m over reporting blunders

City watchdog finds Royal Bank of Scotland failed to properly report 44.8 million trades between November 2007 and February 2013

25 Jul 2013

EY picks up two London-listed company audits

EY wins audits of London-listed businesses Cape and Vimetco

24 Jul 2013

FCA ends iSoft accounting fraud court battle

Second retrial ruled 'not in the public interest' says Financial Conduct Authority

24 Jul 2013

HMRC sinks P&O tax scheme

Courts describe P&O tax scheme as an "elaborate trick" designed to exploit the rules

19 Jul 2013

No more magic wand on pension advice

Supreme Court ruling limits power of court to “void” actions by trustees based on pension advice which suffer unintended consequences explains Stuart Pickford

16 Jul 2013

Burberry recruits ex-O2 CFO as non-exec

Matthew Key, who has worked as CFO at O2 and Vodafone, joins board of fashion house Burberry

15 Jul 2013

Former Olympus execs sentenced over accounting fraud

Three former executives at Japanese camera maker Olympus handed suspended jail sentences for their part in a £1bn accounting fraud

03 Jul 2013

Patent Box sees GSK set to repatriate projects

GlaxSmithKline moves 150 overseas projects back to Britain in order to take advantage of the Patent Box regime

01 Jul 2013

Redcentric demerger sees FD’s departure lined up

Peter Hallett, chief financial officer of Redcentric, is to resign following the successful demerger with Redstone

28 Jun 2013

Ex-Balfour Beatty FD takes non-exec role at Cairn Energy

The former CEO and ex-FD of Balfour Beatty Ian Tyler takes a non-executive role at Cable & Wireless

28 Jun 2013

SME owners' time consumed by admin

Many SMEs spend more time on admin than on strategy planning, a survey finds

25 Jun 2013

Audit committees need to get cracking on Companies Act reform

Companies Act reform welcomed but audit committees must start working on this quickly

14 Jun 2013

Ex-Time Out chief exec joins Johnston Press as CFO

David King joins Johnston Press as CFO, with the newspaper publisher reporting its first increase in operating profit for almost seven years

17 May 2013

Ex-Travis Perkins FD joins Pendragon as audit committee chair

Paul Hampden Smith replaces Pendragon chairman designate Mel Egglenton as company's audit committee chair

15 May 2013

Companies House dissolves Tweetdeck for failing to file accounts

Tweetdeck shut down for failing to file accounts despite sanctions and warnings from Companies House

09 May 2013

Court reduces risk of scheme deficits triggering insolvency

Supreme Court upholds decision to set a high threshold in declaring a business insolvent

09 May 2013

Sage posts rise in profits as CFO departs

Half yearly earnings and sales up at Sage as CFO departs for WANdisco

09 May 2013

National Grid reviews pension schemes

National Grid confirms review of its two defined benefit pension schemes in an attempt to control the cost of future accrual

30 Apr 2013

Page 7 of 438

2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

The Practitioner: Mastering a merger

The Practitioner calls for senior staff to step up to the plate: as clandestine merger meetings take place

Leader: KPMG's SME move part of a worrying change to small practice landscape

KPMG's foray into the SME market will likely succeed, but it must convince clients it will ‘care' in the same way a ‘local' practice would

The Practitioner: 'Tis the season to tidy up

The Practitioner lets loose with 'Deskgate', after losing the plot over yet another untidy area...

david-and-goliath-img

David vs Goliath? Small practitioners pick apart KPMG's SME move

Storm erupts after Big Four firm announces it will take on high-street accountants and the mid-tier accountancy firms that focus predominantly on SME market

Colin: Ben Affleck's costume drama

Colin wonders how much Ben Affleck's turn in The Accountant will differ from his previous roles

Taking Stock: Shooting begins on Affleck thriller The Accountant

Affleck is the star in Warner Brothers flick about and a mild-mannered accountant who becomes a high-class assassin by night

Colin: Captain Obvious joins the Lib Dems

Colin wonders what other bleeding obvious policies the Lib Dems will announce in the run-up to the election

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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.

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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.