Insolvency

Insolvency profession says fee changes will see fewer rescues

Three-quarters of IPs believe fixed-fees will lead to them taking fewer cases, while 64% think it will reduce the number of business rescues

31 Mar 2014

Mike Jervis

PwC administrators called to listed pawnbroker

Decline in gold prices sees UK’s second largest pawnbroker Albermarle & Bond call in four PwC administrators

26 Mar 2014

Neville Kahn

Deloitte CVA proposal approved at LA Fitness

Rescue deal to reduce rent obligations and debt at gym chain LA Fitness receive creditor approval

25 Mar 2014

Bible distributor calls in Scott-Moncrieff administrators

Scott-Moncrieff managing partner Stewart McDonald appointed to Christian books and Bible distributor

21 Mar 2014

BM Advisory bolsters practice in South England

Former Deloitte insolvency practitioner joins insolvency firm BM Advisory

20 Mar 2014

Insolvency Service increases fees by more than 7%

Price for bankruptcy and compulsory winding up proceedings increase an average of 7.5%

14 Mar 2014

EC to roll out Chapter 11 style insolvency across Europe

European Commission approves new approach to business rescue and insolvencies giving more chances to entrepreneurs

13 Mar 2014

EC's insolvency proposals remove international trust

An overhaul of the Insolvency Regulation by the EC could cause interruptions to the rescue culture, explains Christoph Wilcken

04 Mar 2014

Ex-Bridge insolvency partner and accountant sent to prison

Ex-Bridge Business Recovery partner James Bradney and the firm’s former accountant Michael Worrall sentenced to prison terms

28 Feb 2014

Rent as an expense – has the Game only just begun?

The latest Appeal Court ruling on landlords payment in corporate insolvency raises more questions than it answers says Neil Smyth

28 Feb 2014

Insolvency partner and accountant both plead guilty to fraud

Ex-Bridge Business Recovery partner James Bradney and the firm’s former accountant Michael Worrall plead guilty to charges of fraud

27 Feb 2014

Insolvency experts mull 'rent effect' of GAME administration case

Appeal Court ruling will now see landlords paid as a super creditor

26 Feb 2014

Tax debt disqualifications dominate Insolvency Service stats

Director disqualifications due to tax debts an increasingly large proportion of Insolvency Service figures - lawyers warn that the service is not dealing with other types of activity

25 Feb 2014

Insolvency licensing: If it’s not broken don’t fix it

The government should not proceed with partial licensing plans for insolvency practitioners, argues Liz Bingham

17 Feb 2014

T5 shopfitters call in KPMG administrators

Administrators have made all 48 staff redundant following cash flow problems at Jarose Woodworking

17 Feb 2014

New movers at Haslers

Loughton firm sees a promotion and new appointments

14 Feb 2014

Ex-Bridge partner's court date pushed back

Preliminary hearing over fraud allegations against disqualified insolvency practitioner James Bradney and accountant Mike Worrall, pushed back

11 Feb 2014

Corporate and personal insolvencies fall, but hide true picture

Banks failing to call in debts and individuals using payday loans skewer government statistics

07 Feb 2014

European Union backs cross-border insolvency proposals

European Union vote could change international insolvency rules to create a register and streamline the process

06 Feb 2014

Former Begbies director takes Quantuma role

Andrew Watling joins rival insolvency firm Quantuma in a similar role

05 Feb 2014

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The Practitioner: Stitch-up means 'bye-bye client'

Breakdown in trust between The Practitioner and a client means it's time to call it quits

New scheme provides 'access all areas' to the profession

Historic definition of what future accounting talent looks like is changing

The Practitioner: Heading off client's 'value' query at the pass

A client's new in-house accountant forces the Practitioner to up their game

House of Cards

Firm of cards: The politics of partnerships

Accountants may deny any sense of engaging in the dirty art of politics but, at their core, they are political animals

Colin: Alas! Tax! We knew it well

Colin speculates on how theatres might feel about tax relief

Taking Stock: No humble pie after anti-PwC newspaper ad

PwC US and PwC Gibraltar namechecked in what TS can only describe as a 'cryptic' newspaper advert

Taking Stock: Branded

Firms are changing their brands like they're going out of fashion, but you've got to be consistent, says TS

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Find Me An Accountant

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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.