News

National Audit Office

NAO to scrutinise tax reliefs after critical report

National Audit Office finds greater evaluation of impact of tax reliefs is required

28 Mar 2014

Tomb Raider's Lara Croft

UK video games tax relief approved by Europe

European Commission rules tax reliefs for the production of video games in the UK is justified

28 Mar 2014

kpmg reception

KPMG navigates Compass audit tender to win deal

KPMG picks up £7.8m Compass Group audit, replacing Deloitte

28 Mar 2014

UK’s banks pay 71% of profits in tax

KPMG research examines impact of UK bank levy

27 Mar 2014

Leaked memo shows HMRC could lose 300 jobs

Taxman claims roles will be "redeployed"

27 Mar 2014

Deloitte's Balfour Beatty audit tenure to be tested

Balfour Beatty lines up the second half of 2015 to run an audit tender process

27 Mar 2014

FRC to launch new consultation on going concern

UK reporting watchdog to develop going concern proposals for further public consultation following investor criticism, Accountancy Age can reveal

26 Mar 2014

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

FTSE 250 Interserve swaps Deloitte for GT auditors

FTSE 250 company first to move from Big Four firm to mid-tier rival since regulatory audit changes

26 Mar 2014

Menzies launches internal audit service

Appointment of partner sees establishment of internal audit service

26 Mar 2014

IR35 investigations quadruple inside year

Increase in IR35 investigations sees yield break £1m barrier

26 Mar 2014

Fifth of chartered accountants looking to move jobs

ICAEW accountants looking to earn more money with a job move, according to a new institute survey

26 Mar 2014

Adviser wins as Mehjoo tax negligence ruling overturned

Court of Appeal overturns High Court negligence ruling over failure to advice him of Bearer Warrant avoidance scheme

25 Mar 2014

Praxity recruits Saudi Arabian firm to network

Four partner firm AlKharashi’s & Co with 60 staff joins international network Praxity

25 Mar 2014

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

RSA introduces 25% non-audit fee cap

RSA's auditors, currently KPMG, will face a 25% non-audit fee cap, based on the total audit fee

25 Mar 2014

Weir Group expects to tender audit in 2017

FTSE 100 engineering company expects to tender its audit for the 2017 year end

25 Mar 2014

Direct debt recovery to net HMRC £365m by 2019

HMRC expects roughly £100m a year to come from direct debt recovery

25 Mar 2014

HMRC new account raiding powers are “draconian”

HMRC new account seizing powers could be bad news because the taxman is prone to mistakes says ACCA

24 Mar 2014

Co-op Bank to raise £400m as losses widen

Co-operative Bank to launch £400m rights issue following discovery of costs related to past misconduct

24 Mar 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

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

Mehjoo: No such thing as a general retainer?

The long-running legal dispute between midlands firm Harben Barker and client Hossein Mehjoo emphasises the importance of clear terms, write Andrew Howell and Alexa Segal

The Practitioner: If you don’t ask you don’t know

Can the practitioner face their fears and asked the fee question?

Miller's Tale: Women perfectly placed for accountancy's evolution

Women are making their way into the world of finance with more pace than ever before - but how far up the ladder they can climb? And how are they perceived? Accountant, and Accountancy Age columnist, Cara Miller debates this hot topic

linkedin-screenshot-1-web

Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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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.