Accounts

Tesco's hit profit problems

Colin: If you look after the pennies, Tesco...

Colin speculates on the state of Tesco's staff lounge following news of its profits recognition crisis

23 Sep 2014

tesco669

Tesco suspends execs and call in Deloitte over profits overstatement

Huge overstatement sees execs suspended, including UK FD, and Deloitte called in to investigate

22 Sep 2014

Capitol Hill

US lawmakers call for preservation of cash accounting

US institute AICPA leads opposition to move to accrual accounting as part of reforms to federal tax code

12 Sep 2014

New masterclasses: FRS 102/small biz accounting

Accountancy Age expands on last year's successful masterclasses with new series of courses

26 Aug 2014

Deloitte dismisses HP claim plans as 'utterly without merit'

HP plans to sue Deloitte over its auditing of Autonomy's accounts, lawyer tells court

26 Aug 2014

EY issues emphasis of matter note on Co-op Bank

EY says issues at the Co-operative Bank may cast doubt on its ability to continue as a going concern

22 Aug 2014

FRC to probe Grant Thornton’s AssetCo audit work

Watchdog launches investigation as Grant Thornton faces £50.8m claim for negligence from the former providers of London’s fire engines

12 Aug 2014

Betfair pays £80m to investors contrary to accounting rules

The gambling business admits to breaching ICAEW guidance from 2011 to 2013

05 Aug 2014

Accountancy Age July App out now

Accountancy Age July App available to download

22 Jul 2014

FRC extends Cup Trust investigation to include audited accounts

FRC extends the scope of its investigation into controversial charity The Cup Trust to include preparation and audit of financial statements

01 Apr 2014

Co-op Bank to raise £400m as losses widen

Co-operative Bank to launch £400m rights issue following discovery of costs related to past misconduct

24 Mar 2014

KPMG resigns as Poundworld auditors

KPMG resigns as Poundworld auditors based on concerns over company governance

06 Feb 2014

Autonomy overstated profits by 80%, HP claims

HP drastically revises the 2010 performance of Autonomy in restated accounts filed on Companies House

04 Feb 2014

PwC: RSA's problems limited to Irish operation

Reviews involving auditors, external assurance and internal audit, outline extent of financial and control issues at RSA's Irish division

09 Jan 2014

HP says accounting a 'ridiculous' excuse for Autonomy writedown

HP hits back at former Autonomy directors' claim that an accounting misunderstanding is the real reason HP had to make multi-billion dollar writedown on acquisition

08 Jan 2014

Have a wonderful Christmas and New Year

We're back on 2 January

24 Dec 2013

Leader: RTI's burden hangs over SMEs and advisers

Cutting red tape and introducing RTI are policies that just don't fit together, says Kevin Reed

10 Dec 2013

Speedy Hire CEO quits as accounting irregularities found

Certain control processes within rental group's Gulf-based international business "repeatedly and deliberately circumvented"

29 Nov 2013

BT criticised over its accounting for network costs

Network rivals hit out at BT over its allocation of costs

27 Nov 2013

FRC inspecting Co-op Bank's 2012 accounts

Reporting watchdog confirms it is scrutinising the Co-Op Bank's financial reporting

22 Nov 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

This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

Leader: Baker Tilly's naming nerves

Baker Tilly's impending name change opens up a range of possiblities, writes Calum Fuller

The Practitioner: R&D tax credit boon awaits clients

The Practitioner is gobsmacked at the opportunities for tax savings that R&D credits will bring for clients

Macro View: Soaring US dollar could unleash nasty global tremors

If upward pressures on the dollar escalate, its strength could become malignant and the blessing could become a curse

social-networking

Auto-enrolment: Know the workforce - assessing workers

Who 'works' for a business? A simple question, but one that requires careful consideration as far as meeting auto-enrolment requirements are concerned, writes Stephen Rowntree

Taking Stock: Haslers' marathon man avoids comfort break

Better out than in for long-distance runner

Taking Stock: Rickard very Keen on its psuedonym

Rickard Keen's move to limited status sees some unusual detail at Companies House...

Colin: EY-ers cheer on partner profits

Colin wonders how EY partners reacted to their profit figures

Share Price Centre

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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.

cchcover

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.