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Bankruptcy

Insolvency Service

Bankruptcies continue to fall

Individual insolvencies continue to decline with simplified bankruptcy process DROs, proving more popular than bankruptcies for third consecutive quarter

03 May 2013

Francis Coulson

Insolvency profession wins battle against legal cost reforms

The insolvency profession will be exempt from a clampdown on no-win no-fee litigation cases, bringing an end to a long running battle between the profession and the MOJ

24 Jan 2013

Lee Manning

Simplified bankruptcies over-take traditional ones for first time

Bankruptcy takes a back seat to Debt Relief Orders for the first time since its introduction

02 Nov 2012

Ex-Bridge partner declared bankrupt

Collapsed insovlency firm Bridge Business Recovery founder James Bradney files for bankruptcy

20 Aug 2012

Bankruptcies continue to fall in the UK

Personal insolvency down but simplified bankruptcy gains popularity

06 Aug 2012

Government radically overhauls practitioners' rota system

The Official Receivers' IP rota faces big changes, with the divvying out of cases set to be completely overhauled

24 Jul 2012

Accountant “faked bankruptcy” to dodge divorce settlement

A millionaire accountant is said to have faked bankruptcy in order to avoid paying his wife a dicorce settlement

06 Jul 2012

Personal insolvencies continue downward trend

Bankruptcies fall compared to same period last year but Debt Relief Orders and IVAs continue to grow in popularity

04 May 2012

Hacker Young's Andronikou severely reprimanded

ICAEW severely reprimands and fines UHY Hacker Young's Andrew Andronikou over client proceedings

04 May 2012

High Court rules bankrupts must hand over pensions

A High Court judge ruled today that bankrupts could be forced to draw their pensions and hand them over to their creditors

04 Apr 2012

Bankruptcy tourism - it's not a holiday

Foreign nationals may think it is an easy ride to bankrupt themselves here, but Neil Smyth warns it is just as tough

06 Feb 2012

High Court judge warns against bankruptcy proposals

Stephen Baister warns that government's bankruptcy proposals will fail to remove cost from the process, and has serious implications for the judiciary process

19 Jan 2012

Insolvency reform - don't cut out the courts

Using unqualified adjudicators on bankruptcies will add cost, and offer a quasi-judiciary system, warns judge Stephen Baister

19 Jan 2012

Creditors could teach insolvency

Changes to insolvency rules could force creditors to educate and engage debtors, the Insolvency Service's policy director Nick Howard explains

18 Jan 2012

Accountants racking up debts

Charity for chartered accountants warns recession is taking its toll on accountants’ personal finances

11 Jan 2012

Scottish insolvencies to increase

PKF report predicts a rise in the number of corporate and individual insolvencies

04 Jan 2012

Consultation to remove court role in insolvencies launched

Government launches consultation to streamline bankruptcy and liquidation, with courts taking a back seat

07 Nov 2011

Personal insolvencies continue to decline

Bankruptcies drop 31%, according to latest Insolvency Service statistics, but DROs reach an all-time high

04 Nov 2011

R3 welcomes BIS enquiry into personal insolvency

Insolvency trade body pleased by government move to shine a spotlight on debt management plans for individuals

20 Oct 2011

Creditors must step up during the insolvency process

Unsecured creditors should use social media to have their voices heard and make their vote count, says John Alexander

28 Sep 2011

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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

Profession reaches end of its tether with PAC

After the Public Accounts Committee's latest hearing - in which it heavily criticised Google's tax affairs - many advisers have had enough

#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

infrastructure-growth

Should practice ownership structures break with tradition?

Incentivising accountancy practice staff will mean a new way of thinking. Robert Postlethwaite considers the options

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

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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.