Speaking at the College of Europe in Bruges, Dame Sheila said: ‘If the commission can rapidly improve its financial management, introduce 21st century personnel policies and practices – it and other institutions just may have a future. If it cannot improve, I, for one do not believe that Europe’s institutions can survive in the new millennium.’
Addressing an audience of 300, including the British ambassador to Belgium and senior European Union officials, Dame Sheila said the EC risked a crisis even greater that last year’s – which saw all 15 commissioners resign – unless it improved financial control systems.
‘Financial and democratic accountability go hand in hand,’ Dame Sheila said. ‘The skills of the accountancy profession are essential to the achievement of both. Until now European Commission officials have been selected for their intellectual brainpower and their language skills. But one language not valued is the language of management.’
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
The Top 20 firm has recently advised J S Wright, the mechanical and electrical building services specialist
Promotions have been made in the private clients tax team and corporate business team