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News

Paul Clark

Duff & Phelps administrators cleared over Rangers investigation

David Whitehouse and Paul Clark cleared of conflict of interest issues in their appointment as Rangers administrators by IPA

28 May 2013

Moore and Smalley expands payroll to cope with RTI demand

Firm brings in new payroll staff as new PAYE and pensions rules likely to see clients needing help

28 May 2013

iasb-30-cannon-street

IFRS Foundation cuts provision for HMRC tax inquiry

IFRS Foundation able to cut provision for HMRC tax investigation by £290,000

24 May 2013

Drop corporate tax rate to 10%, say Conservative MPs

A lower corporate tax rate would make the UK more competitive and help discourage tax avoidance, claims group of MPs

24 May 2013

Two Chesterfield accounting firms shut down

Two closely-related Chesterfield accountancy firms shut down in public interest over poor business practices

24 May 2013

KPMG: Pension liabilities climb by 60% over five years

Pensions liabilities have risen by 60% over the last five years, compared to a 40% rise in assets, according to KPMG research

24 May 2013

Alan Milburn takes PwC health role

Former health secretary joins PwC's newly-formed oversight board

24 May 2013

Potential VAT windfall for investment trusts

Investment trusts have little over a month to claim back VAT paid on management fees

24 May 2013

Third of CFOs think their teams lack time to complete work

More than a third of CFOs believe lack of time is leading to finance teams being unable to complete tasks

23 May 2013

M&S wins tax reliefs appeal in Supreme Court

The Supreme Court rules in favour of Marks & Spencer in its claim for tax relief on losses incurred by closing German and Belgian subsidiaries

23 May 2013

HMRC to tackle LLP disguised employment

Partners could end up paying higher tax and national insurance contributions as a result of government proposals

23 May 2013

Companies should be up-front on tax affairs, say readers

Companies must ensure they are transparent on their tax position if they don't want their affairs scrutinised, say readers

22 May 2013

Country-by-country reporting “daft”, House of Lords told

Country-by-country reporting risks the UK's tax sovereignty, the House of Lords Economic Affairs Committee hears

22 May 2013

Wilkins Kennedy acquires Southampton-based Matthews Mist

Top 20 firm acquires two partner firm for undisclosed sum to boost its Romsey office

22 May 2013

Ex-Saab Automobile CEO and CFO arrested for accounting fraud

Three directors including the CFO and CEO are arrested in Sweden for suspicion of attempts to “complicate tax controls” at Saab Automobile

22 May 2013

Shell CFO calls for open-minded approach to innovation

New report from AICPA and CIMA reveals how finance professionals at Coca-Cola and Royal Dutch Shell help to drive innovation

22 May 2013

Apple boss defends its core tax strategy

Tim Cook hits back at senate subcommittee claims of Apple avoiding billions of dollars in tax

22 May 2013

Apple subsidiaries “not tax-resident anywhere”

Three Ireland-based subsidiaries of Apple appear to not be tax-resident anywhere on Earth, a US Senate committee says

21 May 2013

Vectura loses CFO after 11 years

Pharmaceutical business sees Anne Hyland step down after 11 years

21 May 2013

Almanza steps up to G4S CEO after just a month as CFO

Ashley Almanza has had a busy first month at G4S, stepping up from CFO to replace Nick Buckles as CEO

21 May 2013

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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

Leader: Will younger generation push for a UK institute?

Will British institutes learn from a New Zealand/Australia merger - or have the Trans/Tasmans already learned from them?

Jo Swinson: More needed but insolvency reform step in the right direction

Consumer affairs minister Jo Swinson writes for Accountancy Age on the incoming reforms to insolvency practitioners’ regulation.

FRC is sounding like a modern day Cassandra

Concerns raised in the FRC's latest round of audit inspections sound strikingly familar. Why has the profession failed to address them?

curtain

Don't COP out of guiding clients through tax mire

Anita Brook of Accounts Assist gives a hands-on guide to Code of Practice 9

Taking Stock: Accountancy and the sheriff of Cumbria

TS loves it when two worlds collide

Colin: Hey diddle (tax) diddle

Colin offers his assessment of the pressure on 'tax havens'

Colin: Don't panic! (about avoidance)

Colin succinctly rounds up the latest court ruling on tax avoidance and advisers' responsiblities

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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.