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Insolvency Service

Running Toward Finish Line

R3 president asks if Insolvency Service can go further

The latest government enquiry into the insolvency profession wasn’t all bad, but highlighted that the Insolvency Service needs to do more, writes Liz Bingham

14 May 2013

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

Insolvency Service

Corporate collapses plummet in first quarter of 2013

Administrations, liquidations and receiverships all continue to decline according to Insolvency Service statistics

03 May 2013

Government to introduce new sanctions on IPs this summer

This summer will see the introduction of a single gateway for complaints and common sanctions for insolvency practitioners rolled out across the regulators

26 Apr 2013

Government to launch review of pre-pack administrations

Government announces that it will undertake an independent review of pre-pack administrations to be launched in late spring

12 Mar 2013

IPs need tougher sanctions in pre-packs, says BIS

Pre-packs need more transparency, claims a Business Innovation and Skills select committee

06 Feb 2013

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

Company administrations hit five-year low

Administrations make dramatic decline but statistics masking true picture of zombie businesses, argue experts

02 Nov 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

Ex-DEFRA head takes Insolvency Service CEO role

Richard Judge is recruited as the next chief executive of the Insolvency Service, succeeding Stephen Speed

29 May 2012

Fines against IPs increase fivefold in 2011

Fines against insolvency practitioners increase nearly five times in 2011 compared with 2010

16 May 2012

21 IPs reported for pre-pack non-compliance in 2011

Non-compliance of pre-packs sees 21 practitioners reported in 2011 compared to just 15 in 2010.

15 May 2012

Insolvency's 'disciplined' future will benefit stakeholders

Common guidance to reprimanding IPs could bring greater transparency, but does a highly regulated profession need more guidelines?

08 May 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

Corporate insolvencies fall 1.8% on last year

Nearly 1,300 corporate insolvencies in Q1 2012, according to the Insolvency Service

04 May 2012

Insolvency profession to unite on disciplinary measures

Draft proposals on a common approach to reprimanding practitioners will be discussed at next meeting of licensing bodies and regulator

01 May 2012

Personal insolvencies down in 2011

There were 16,871 company liquidations in 2011 - an increase of 5.1% on 2010

03 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

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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

calculator

Numbers game: how to value and price accountancy firms

Risk management is a key factor to process of acquiring a firm, explains Jonathan Snade

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.