– Sage has launched the latest version of WinForecast Professional. The package, which costs from #350, allows businesses to streamline their financial and budget planning. The launch follows customer research and feedback, WinForecast Professional aims to make the forecasting process faster.
It links to Sage Line 50, Sage Line 100 and Sage Line 200 accounting software and allows budgeting and financial planning to be done all year round rather than as a once-a-year exercise.
More on this story is at www.sage.com
– The sales picture for networking giant Cisco has dramatically deteriorated after it predicted sales for the quarter ending 28 April will fall by as much as 30% from $6.75bn (#4.72bn) in the second quarter to $4.7bn (#3.3bn).
‘The environment our segment of the IT industry is facing has never been more challenging. This may be the fastest any industry our size has decelerated, requiring us to make difficult decisions,’ said chief executive John Chambers.
For more on Cisco’s results, see www.accountancyage.com/News/1120593
– PricewaterhouseCoopers believes cybercrime is spiralling out of control. The announcement by the Big Five firm followed the release of its Internet Security and Business Risks Survey, which found 64% of network internet sites have experienced security breaches. The results came as home secretary Jack Straw last week launched The National Hi-Tech Crime Unit – a specialist police unit to tackle computer-based crime.
More at www.pwcglobal.com.
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