Company news

ernst-3

EY picks up two London-listed company audits

EY wins audits of London-listed businesses Cape and Vimetco

24 Jul 2013

iSoft HQ

FCA ends iSoft accounting fraud court battle

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

24 Jul 2013

A PO ferry in the Channel at Dover

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

Sage announces Paul Tooth new head of accountants division

Jim Scott steps down and is succeeded by Paul Tooth at head of accountants division at Sage

30 Apr 2013

Ex-Reckitt Benckiser CFO takes non-exec role at Dunelm

Former Reckitt Benckiser CFO Liz Doherty takes non-executive role at homewares retailer Dunelm

30 Apr 2013

French Connection announce FD’s surprise departure

Roy Naismith unexpectedly leaves French Connection following difficult trading year

29 Apr 2013

Page 7 of 438

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Not so easy come easy go for the Practitioner, as a troublesome client is finally given the heave-ho, but a new staff member is welcomed on board

Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

p13-fraud

Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Tax powers could be a right old dog fight

Colin imagines how Scotland's new tax powers could play out

Colin: Post-awards emotion

For some, the British Accountancy Awards can be emotionally demanding

Colin: Pre-award jitters

Colin's excited about tonight's British Accountancy Awards

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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.