Administrations

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BDO liquidators win £24m for Rangers creditors

BDO secure £24m for Rangers creditors after agreeing settlement with Collyer Bristow, the lawyers who acted for Craig Whyte when he bought the club in 2011

20 Nov 2014

Rangers

Duff & Phelps trio arrested over alleged ‘fraudulent’ Rangers takeover

Three employees from Duff & Phelps arrested in connection to alleged fraudulent sale of Rangers Football Club

17 Nov 2014

Virgin Racing 2010 F1 car

Marussia motors after Caterham into administration

Partners from FRP Advisory appointed joint administrators to Marussia, the second Formula One team to enter administration in a matter of days

28 Oct 2014

Smith & Williamson administrators called in to Caterham

Caterham enters administration, while Marussia teeters on brink of collapse

27 Oct 2014

PwC called in as Ebola-hit London Mining collapses

PwC joint administrators appointed as London Mining collapses into administration

17 Oct 2014

R3 calls on next government to commit to insolvency reforms

Insolvency reforms needed for better deal for small businesses, taxpayers, and indebted individuals, R3 says

06 Oct 2014

Former Rangers owner Whyte in 15-year directorship ban

Craig Whyte banned from holding company directorships after the Insolvency Service holds he acted without consultation with fellow directors

01 Oct 2014

Colin: Swoop to the rescue

Colin wonders who might be interested in Phones4U's plight

24 Sep 2014

Easterby latest to leave Baker Tilly for Quantuma

Qualified insolvency practitioner Richard Easterby leaves Baker Tilly to join Quantuma as senior manager

23 Sep 2014

PwC administrators confirm sale of Phones 4U stores

EE and Vodafone snap up Phones 4U stores in deals agreed with administrators from PwC

22 Sep 2014

Deloitte administrators appointed as Rileys shuts pool halls

A quarter of Rileys pool and sports bars shut down as Deloitte administrators seek to save struggling business

16 Sep 2014

PwC lined up as Phones 4U administrator

Phones 4U collapses into administration and seeks to appoint PwC

15 Sep 2014

Date set for Deloitte MG Rover appeal

Five day hearing outlined for Deloitte appeal against fines for its MG Rover work

10 Sep 2014

Leonard Curtis arranges sale of Installation Project Services

Joint administrators from Leonard Curtis sell Installation Project Services, preserving 29 jobs

05 Sep 2014

Voluntary pre-pack reforms ‘unworkable’, say AA readers

Poll of Accountancy Age readers finds opposition to Teresa Graham's pre-pack reforms

29 Aug 2014

KPMG administrators set offer deadline for stricken Ferguson shipyard

KPMG joint administrators set deadline of 5pm today for offers for Ferguson Shipbuilders

21 Aug 2014

Deloitte accused of costing taxpayers £50m for botched administrations

Big Four firm involved in more 20 administrations where it failed to correctly make workers redundant, IS numbers show

20 Aug 2014

Administrations hit lowest level since 2005

Insolvency Service figures show company administrations hit lowest level since the first quarter of 2005

30 Jul 2014

Cable calls for ICAEW probe into Comet administrators

Business secretary Vince Cable refers senior Deloitte IPs for potential disciplinary action, over Comet administration concerns

25 Jul 2014

Top 50+50: IPs struggle for fees as zombie companies live on

Work is thin on the ground for IPs as zombie companies stagger on despite hopes of an uptick in business as economy rebounds

23 Jul 2014

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The Practitioner: Pruning clients, growing staff numbers

Not so easy come easy go for the Practitioner, as a troublesome client is finally given the heave-ho, but a new staff member is welcomed on board

Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

p13-fraud

Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

Colin: Deloitte redeems Gherkin

Colin speculates on what changes might take place at 30 St Mary Axe under the new Brazilian ownership

Taking Stock: Netsuite Twitter-trolls Sage CEO on first day

Sage and Netsuite chief executives engage in boisterous Twitter exchange

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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.