Geac figures show growth
Geac, the company which bought Dun & Bradstreet Software in 1997, announced a 70% increase in revenue to $646.4m (#395m) for the year ended 30 April. Profit was $168.7m, compared to a loss of $71.1m in 1997, when the company had an exceptional charge of $121.4m. Its SmartStream division, which develops and markets accountancy software, boasted more than 50% growth.
Free trial of HyperABC Knutsford-based Armstrong Laing is offering free 30-day trials of HyperABC, its activity-based costing package. The program can operate as a standalone, or feed information into a central database. The trial package comes on a CD-ROM.
New Foundation system Chemical company S Black of Hertford has installed a #90,000 order for a Systems Union SunAccounts system from Norwich-based Foundation Systems. The system will be linked via ISDN to a similar accounts set-up at the company’s subsidiary in Duisberg, Germany. Moving to SunSystems will allow the company to cope with both the year 2000 and the euro, said finance director John Lowten.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union