Regulatory bodies

Ian Powell

PwC’s Powell says international tax no longer fit for purpose

PwC chairman and senior partner says tax regime needs to evolve with the times

04 Oct 2013

balance-sheet

FRC and BIS defend legality of global accounting standards

FRC and BIS rubbish claims that IFRS conflicts with UK company law as "misguided"

04 Oct 2013

deloitte-vienna

Deloitte appeals MG Rover tribunal

Deloitte and former partner Maghsoud Einollahi have launched an appeal against their fines by the FRC for their MG Rover work

03 Oct 2013

FRC proposes tougher measures on exec pay in governance code

FRC consults on possible amendments to the UK corporate governance code on executive remuneration

03 Oct 2013

Consultation to simplify insolvency process launched

Proposals to simplify Insolvency Rules such as allowing electronic submissions is launched by the Insolvency Service

27 Sep 2013

FRC vows to continue audit reform fight in annual meeting

FRC says it plans to work closer with audit committees, opens Brussels office, and is verging on sanctioning audit performance failures itself, at Baroness Hogg's last annual meeting

17 Sep 2013

PCAOB uncovers audit failings at KPMG and PwC

Inspections by US's accountancy watchdog uncover failings in 38 audits carried out by PwC and KPMG

02 Sep 2013

Competition watchdog urged to water down audit tendering rules

Competition Commission told to scrap five year audit tendering plans in favour of FRC’s ten year 'comply or explain' approach

27 Aug 2013

FRC and PCAOB agree to joint audit supervision

Agreement allows for joint work on inspections and exchanges of otherwise confidential information

23 Aug 2013

PCAOB highlights worrying number of “deficient” audits

Firms auditing brokers and dealers found wanting by PCAOB inspections

21 Aug 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

PCAOB proposes biggest shake-up to US audit reports since 1940s

America's accountancy watchdog wants auditors to reveal more information about the listed companies they audit

14 Aug 2013

FRC rubbishes mandatory five year audit tendering

FRC warns five year tendering could result in a "sham process" that will undermine competition

13 Aug 2013

Grant Thornton facing two FRC audit probes

FRC is to scrutinise Grant Thorton's auditing of Manchester Building Society and drinks company Nichols

07 Aug 2013

FRC closes investigation into KPMG BAE audit

FRC closes investigation because no realistic prospect that a tribunal will make an adverse finding to undertaken so long ago

01 Aug 2013

MEPs cast doubt on compatibility of IFRS with EU law

A group of five MEPs call for a review of IFRS' compatibility with European company law

29 Jul 2013

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

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

IASB makes progress on conceptual framework

Global standard setter puts draft of the conceptual framework revisions out for discussion

19 Jul 2013

FRC overshoots budget by £1.6m

Total expenditure in 2012/13 was £25.5m, driven up by a rise in disciplinary case costs

18 Jul 2013

Page 6 of 17

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: 'Tis the season to tidy up

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

AS2014: Osborne's reforms sensible - IoD

Sensible reforms preface more radical tax policies in next parliament, writes Institute of Directors' head of taxation Stephen Herring

#AS2014: ACCA still concerned over public coffers, despite spending plans

Government's spending plans give false impression of state of the UK's finances, writes ACCA's Chas Roy-Chowdhury

bad-links-coverl

Intermediary rules: What your clients need to know

Alastair Kendrick walks through the new landscape for workers engaged through intermediaries, and finds that clients might not have up-to-scratch systems and processes

Taking Stock: Massaging the figures

TS was pleased to note some interesting methods to alleviate Christmas stress

Colin: Using Google to make money out of the net

Colin thinks Osborne's latest tax wheeze means he is not such a bad egg after all

Taking Stock: Daddy issues at French Duncan

Taking Stock spares a though for Alasdair Cairns, who has just gained a new boss. His dad.

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Finance-Director-part-time

Conservatoire for Dance and Drama, London, Permanent, Part Time, £60,000 pro rata

 

 

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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.