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Accounts

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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

Interview: New IFAC chief executive Fayez Choudhury

Choudhury talks about ramping up the global accountancy representative's offering - while trying to make sure the profession isn't misunderstood

28 May 2013

iasb-30-cannon-street

IFRS Foundation cuts provision for HMRC tax inquiry

IFRS Foundation able to cut provision for HMRC tax investigation by £290,000

24 May 2013

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

13 May 2013

HP board sued over Autonomy acquisition

Shareholders claim HP board members were aware of red flags at Autonomy prior to HP’s acquisition

10 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

Complaints pile up over changes to accounting regulations

Institutes flag up a multitude of concerns over the government's proposed changes to micro-entity financial reporting

03 Apr 2013

Autonomy under investigation by SFO, HP claims

The SFO joins the US Department of Justice and the FRC in investigating allegations that "accounting improprieties" at Autonomy caused HP to overpay for the business

12 Mar 2013

£4.6bn accounting charge for RBS after “chastening” 2012

The Royal Bank of Scotland takes a £4.6bn hit after making changes to its own credit in 2012

28 Feb 2013

Safeland recoups a further £0.5m of misappropriated funds

Latest recovery takes total amount of funds recouped to £725,000

01 Feb 2013

Auditors' going concern judgment to extend beyond 12 months

Companies' ongoing financial health must be judged over a longer period of time, according to draft proposals put forward by the FRC

31 Jan 2013

Local Audit Bill has “gaping holes”, says Hodge

Arrangements set out in Local Audit Bill "will result in a more complex and fragmented audit regime", says Margaret Hodge

18 Jan 2013

Accounting error wipes £2.3m off Cambridge Council budget

E&Y confirms council's £2.3m December budget adjustment

07 Jan 2013

DS Smith rules out accounts problem despite media attention

Post-acquisition accounts filing looms, DS Smith insists, as investigation rules out problems

17 Dec 2012

Public sector audit work improves for 2011/12

Audit Commission finds there have been improvements in the standard of financial reporting at local bodies

14 Dec 2012

End era of convergence in months, not years – ICAEW

The institute suggests that all listed companies around the world should have the option of applying IFRS

12 Dec 2012

AS2012: Advisors must take note as cash accounting looms

Cash accounting may seem 'small-fry' but advisors must consider its impact, warn experts

05 Dec 2012

AS2012: Government book-keeping change adds £70bn to the deficit

Chancellor says government is moving Bradford & Bingley and Northern Rock debt onto its balance sheet during Autumn Statement

05 Dec 2012

PwC review sees hike in Phoenix IT accounting irregularities

Value of profit misstatement at Phoenix IT higher than originally thought, following PwC review

04 Dec 2012

Divisions over shape of new UK GAAP

FRC framework for reduced disclosures welcomed, but opinion split over shape of new UK GAAP

30 Nov 2012

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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

Leader: Will younger generation push for a UK institute?

Will British institutes learn from a New Zealand/Australia merger - or have the Trans/Tasmans already learned from them?

Jo Swinson: More needed but insolvency reform step in the right direction

Consumer affairs minister Jo Swinson writes for Accountancy Age on the incoming reforms to insolvency practitioners’ regulation.

FRC is sounding like a modern day Cassandra

Concerns raised in the FRC's latest round of audit inspections sound strikingly familar. Why has the profession failed to address them?

curtain

Don't COP out of guiding clients through tax mire

Anita Brook of Accounts Assist gives a hands-on guide to Code of Practice 9

Taking Stock: Accountancy and the sheriff of Cumbria

TS loves it when two worlds collide

Colin: Hey diddle (tax) diddle

Colin offers his assessment of the pressure on 'tax havens'

Colin: Don't panic! (about avoidance)

Colin succinctly rounds up the latest court ruling on tax avoidance and advisers' responsiblities

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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.