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Leader: Tesco's woes sees 'materiality' question raised

Even if 'materiality' proves not to be a key aspect of the Tesco debacle, it won't stop navel-gazing among the audit profession

24 Oct 2014

Gender business represented by female and male signs

200 female employees join class action against KPMG US

KPMG US female employees, past and present, opt in to gender discrimination class action against the firm

23 Oct 2014

Robin Freestone

Freestone to step down as Pearson CFO

Robin Freestone is to step down as CFO of Pearson after ten years with he education and publishing company

24 Oct 2014

Rio Tinto extends CFO’s contract

Mining company Rio Tinto hand executive pair open-ended contracts

24 Oct 2014

CIPFA to launch first public audit qualification in 2015

Improvements will include an increased focus on commercial skills such as commissioning, contract negotiation, financial modelling, and partnership working

24 Oct 2014

LIVE BLOG: Tesco's trading update

Welcome to the Accountancy Age/Financial Director live blog, where we will cover all the relevant issues and opinions that arise from Tesco's crucial trading update

23 Oct 2014

MPs blast KPMG over failings at Co-op Bank

KPMG, the FSA and Co-op Bank leadership criticised for role in 'sorry tale' of failing to discover accounting black hole sooner

23 Oct 2014

Deloitte's Tesco probe finds prior reporting period issues

Income was deferred or recognised early - against Tesco accounting policy, Deloitte's probe confirms

23 Oct 2014

HMRC set to miss £3bn LDF target

The Liechtenstein Disclosure Facility has raised £833m with just 18 months left to run

23 Oct 2014

Osborne posits tax breaks for London NFL team

The chancellor dangles tax break carrot in front of NFL over prospect of securing London-based American football outpost

23 Oct 2014

First sole practitioner ABS licence from the ICAEW

Hope Shaw awarded ABS licence to provide probate services, the first issued to a sole practitioner by the ICAEW

22 Oct 2014

Grant Thornton to develop business skills apprenticeship

Top ten firm appointed by BIS to develop apprenticeships

24 Oct 2014

PCAOB inspection finds deficiencies in a number of KPMG US audits

The 2013 inspection included reviews of portions of 50 audits performed by the Big Four firm and a review of its audit work.

24 Oct 2014

ICAS: profitability not an excuse to brush aside governance issues

Improved business performance is not an excuse to ignore continuing business governance and ethics concerns, says ICAS's chief executive Anton Colella

24 Oct 2014

KPMG pulls sponsorship of LSE sports union over ‘offensive' leaflets

"Homophobic", "misogynistic" and "classist" flyers were confiscated soon after complaints made to the student union

22 Oct 2014

Audit Commission reveals highest ever levels of council fraud detection

Commission captures a zeitgeistian snapshot of fraud in English councils

22 Oct 2014

Milsted Langdon welcomes first female insolvency practitioner

Rachel makes company history 17 years after starting at firm

21 Oct 2014

Baker Tilly adds two to London tax team

Baker Tilly appoint Caroline Rai and Adrian Benosiglio as tax partners

21 Oct 2014

KPMG launches £40m enterprise offering for SMEs

KPMG to provide online accounting and tax services to small and start up enterprises via the cloud

21 Oct 2014

Labour to hit £3m homes with £10k mansion tax

Labour mansion tax plans could include substantial rise for homes over £3m

21 Oct 2014

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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

Colin: No-go for new Tesco logo

Colin attempts a unilateral rebrand for Tesco

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...

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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.