Practice regulation

Vernon Soare

ICAEW gains final approval to run probate and ABSs

Lord Chancellor signs off on ICAEW's bid to offer licensing for probate licensing and alternative business structure

07 Mar 2014

PwC logo

PwC picks up dual ABS licence for legal and Middle East arms

PwC legal arm awarded dual alternative business structure (ABS) licences by the Solicitors' Regulation Authority

03 Feb 2014

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Don’t look back in anger

Accountancy Age asks eight UK managing partners what lessons they’ve learned in the last 12 months and what they expect for the year ahead

19 Dec 2013

Last minute deal pushes through EU audit reform

EU rules will impose mandatory audit rotation, restrict non-audit services, cap non-audit fees and enhance supervision

17 Dec 2013

FRC to review standard of bank audits

Improvements to the quality of auditing of banks and building societies have been insufficient, FRC says

13 Dec 2013

ICAEW gains probate and ABS powers

ICAEW to regulate probate service provision among members, and to license alternative business structures (ABSs)

12 Dec 2013

Opinion: Adding value to clients requires wholesale change

The Accountancy Age/Twinfield senior practitioner roundtable revealed a whole host of business issues to address before value can be added to client relationships

08 Nov 2013

Deloitte, MG Rover and the Tribunal... the story so far

Rachael Singh looks at how accountancy's tribunal came to calculate the record-breaking fine against Deloitte for its work on collapsed car manufacturer MG Rover

31 Oct 2013

Crackdown on LLPs will catch 'reasonable' arrangements

Government policy is hitting the efficiency and attractiveness of partnerships and LLPs as vehicles through which to do business

28 Oct 2013

Tendering changes will cost audit market £100m a year

Taken together, FRC and Competition Commission audit proposals will cost accountants and businesses £100m a year

16 Aug 2013

FRC audit rules should have been given time to take root

Mandatory five year audit tendering will do little to improve competition for FTSE 350 work

23 Jul 2013

Competition Commission outlines five-year audit tenders

Auditors to bid for work every five years under new competition rules; but avoid mandatory rotation

22 Jul 2013

ICAEW hits back against Law Society's probate criticism

Institute outlines a riposte to Law Society concerns on probate, to the Legal Services Board

26 Jun 2013

Analysis: Law Society's beef with the ICAEW's probate plans

Accountancy Age runs through concerns about the ICAEW's plan to become a probate licensing body, as the institute looks to defend itself

26 Jun 2013

FRC rethinks controversial going concern proposals

Accounting regulator to change going concern proposals in response to criticism from the profession

07 Jun 2013

Insolvency complaints body launched

Government cuts red tape and launches a single complaints gateway across the insolvency profession

05 Jun 2013

Analysis: Has RDR killed the multi-disciplinary practice?

New financial services rules in the form of The Retail Distribution Review have made firms think again about their future direction

17 May 2013

Audit reforms are a great compromise: no one is happy

Neither the Big Four nor mid-tier firms are happy with Sajjad Karim’s proposals for 14-year mandatory audit rotation. The essence of a good compromise

26 Apr 2013

Audit reforms “nudge” in right direction but leave many unsatisfied

Compromised stance on auditor rotation periods leave profession unsatisfied for different reasons

26 Apr 2013

Audit market “flirting with stagnation”, says PCAOB chair

Lack of information and difficulty in discerning the difference between audits risks market stagnation, warns James Doty

19 Apr 2013

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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

Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

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Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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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.