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Legal

UK Supreme Court by Jaume Meneses

Uncertainty concerns persist as advisors lose privilege ruling

Lord justices follow previous rulings on legal privilege: that it could cause uncertainty, and parliament will have to decide how to extend it

24 Jan 2013

Gavel

Privileged status: no change on legal advice privilege

Taylor Wessing's Andrew Howell looks at what the Supreme Court's ruling means for accountants

23 Jan 2013

kpmg reception

KPMG in talks over PRIME-style work experience scheme for accountants

KPMG enters into talks with founders of legal social mobility venture, which could see the Big Four firm forge an equivalent model for the accountancy profession

11 Jan 2013

Top 32 tax cheats get combined 152 years behind bars

HMRC has caught 32 of its most wanted tax dodgers of 2012

04 Jan 2013

Swiss bank to close after US tax evasion fine

Wegelin, Switzerland's oldest private bank, is to close permanently after pleading guilty to helping Americans evade taxes through secret accounts

04 Jan 2013

Big Four caught in US v China audit argument

SEC accuses Chinese affiliates of Big Four and BDO of breaking securities laws by withholding audit paperwork

05 Dec 2012

Investor files lawsuit against Deloitte & KPMG for work on Autonomy

Allegations the two firms missed numerous red flags in their work with HP and Autonomy have been filed in a lawsuit in the US

29 Nov 2012

Investors sue HP over Autonomy acquisition

Following IT giant’s $5bn write-down of acquired company HP investors file lawsuit for loss of earnings

27 Nov 2012

Expanding LPP for parliament to decide, court told

Broadening the scope of legal professional privilege to take in accountants is a matter for parliament, the Supreme Court hears

07 Nov 2012

ICAEW makes case for legal professional privilege for accountants

ICAEW intervenes in Supreme Court battle between Prudential and HMRC over legal professional privilege for tax advisors

06 Nov 2012

Ex-MF Global customers file lawsuit against PwC auditors

Collapsed bank’s customers file complaint against PwC claiming it failed to properly examine MF Global’s control over customer funds

06 Nov 2012

Battle to allow accountants privilege reaches Supreme Court

Case between Prudential and HMRC allowing accountants to benefit from legal professional privilege reaches Supreme Court

06 Nov 2012

Jailed accountant ordered to pay back £130k of stolen money

Darren John Upton must repay more than £130,000 of stolen client money or face to more years in prison

31 Oct 2012

Colin: Charity case is no defence

Stealing from charity just isn't very christian, notes Colin

11 Oct 2012

Charity fraudster jailed for five years

Steven Methuen is sentenced to five years in jail after stealing more than £500,000 from two charities

05 Oct 2012

Former Olympus execs plead guilty to accounting fraud

Tokyo prosecutors charge three former Olympus executives for falsifying company accounts to hide massive investment losses

26 Sep 2012

Hong Kong regulator takes E&Y to court

Securities and Futures Commission commences legal proceedings against Ernst & Young over access to accounting records

29 Aug 2012

Adult magazine distributor jailed for VAT fraud

Adult magazine distributor jailed for 16 months for falsely claiming almost £75,000 in VAT repayments

24 Aug 2012

Deloitte launches defence of Standard Chartered work

Joe Echevarria, US CEO of Deloitte, hits back at claims that his firm helped Standard Chartered Bank disguise secret Iranian client transactions from US regulators

14 Aug 2012

Deloitte US implicated in Standard Chartered Iran deception

US arm of Deloitte accused of helping Standard Chartered Bank disguise secret Iranian client transactions from US regulators

07 Aug 2012

Page 2 of 5

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

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

#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

#AAYP 2013: Soft skills will be a necessity to being competitive

Accountants must continue to add value by advising our clients more predominantly on their structure and their long-term objective

man walks alone in arctic landscape

Walk before you can run, lessons on choosing the right IT system

Stepping back and choosing a simpler IT system might be the best way forward for the business explains Christophe Letellier

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

Colin: Democracy bureaucracy

Colin wonders what the ICAEW's discussions over the botched ballot were like

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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.