News

ECJ

ECJ ruling to add huge VAT bill on banks and insurers

Ruling between Skandia America and the Swedish Tax Authority increases VAT burden on financial institutions

17 Sep 2014

Financial Reporting Council

FRC publishes final guidance on going concern

FRC retains original wording of controversial going concern proposals in updated corporate governance code

17 Sep 2014

ilovescotland

Scotland on cusp of securing massive tax-raising powers

Scotland set to receive raft of new tax-raising powers regardless of referendum result

17 Sep 2014

OECD outlines anti-tax avoidance plan

OECD releases seven reports as it outlines plan to curb tax base erosion and profit-shifting by multinational companies

17 Sep 2014

Montpelier CEO cleared of tax dodging after 'humiliating' HMRC climb down

Watkin Gittins cleared of cheating the public revenue of £1m, as the long-running tax saga ends in ignominy for the CPS and HMRC

17 Sep 2014

Newsham excluded from ICAEW after Worthington Nicholls hearing

Paul Newsham excluded from ICAEW membership following tribunal into his work on the audits of Worthington Nicholls

16 Sep 2014

Six new appointments at Yorkshire accountancy firm

Clough & Company brings in six new recruits

16 Sep 2014

Companies on the brink of bankruptcy warned of AE obligations

Insolvent businesses will still have to auto-enrol their employees onto pensions schemes

16 Sep 2014

Deloitte administrators appointed as Rileys shuts pool halls

A quarter of Rileys pool and sports bars shut down as Deloitte administrators seek to save struggling business

16 Sep 2014

Conservative MP implicated in tax avoidance scheme

MP for Torridge and West Devon Geoffrey Cox QC invested in Pheonix Film Partners, an investment scheme under HMRC investigation

15 Sep 2014

PwC lined up as Phones 4U administrator

Phones 4U collapses into administration and seeks to appoint PwC

15 Sep 2014

PwC edges towards £3bn revenues after broad growth

Consistent performance across PwC's service lines sees another £120m added to its fee income

15 Sep 2014

'Thousands' of pay-up tax notices to hit doormats

HMRC aims to issue 2,500 advanced payment notices to tax avoiders per month by end of 2014

12 Sep 2014

US lawmakers call for preservation of cash accounting

US institute AICPA leads opposition to move to accrual accounting as part of reforms to federal tax code

12 Sep 2014

TaxAssist steps up Canada push

TaxAssist Accountants begins its camapaign to win up to 60 franchisees in the Toronto area in the next five years

12 Sep 2014

Dba boosts HLB’s French connection

HLB International adds Parisian firm to its network

11 Sep 2014

Insolvency specialists expand into Manchester

KSA Group recruits regional manager as it opens office in Manchester

11 Sep 2014

Date set for Deloitte MG Rover appeal

Five day hearing outlined for Deloitte appeal against fines for its MG Rover work

10 Sep 2014

Firms worried about UK's ‘illogical’ audit interpretation

Competition and Markets Authority's interpretation of EU audit rules could result in 'illogical' outcomes, accounting firms warn

10 Sep 2014

Farmer jailed over £1.4m VAT fraud

Aston Martin and speedboat purchased before farmer flees to Zimbabawe to avoid prosecution

10 Sep 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

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...

Colin: EY-ers cheer on partner profits

Colin wonders how EY partners reacted to their profit figures

Share Price Centre

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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.