With heavy criticism of the Bill already published by the PAC, hard questioning was expected to greet Smith when he made a rare ministerial appearance before the committee. Attacks on the Bill have come thick and fast over the past week with David Davis, chairman of the committee, leading the way by accusing it of failing to strengthen parliament’s ‘democratic position’. A statement issued by the PAC expressed ‘disappointment’ that it had not been consulted during the drafting stages of the Bill and said it had been given little time in which to consider the draft after its publication in November last year. The PAC said many departments were well behind timetables for producing the accounts which are intended to bring in commercial accounting practices into Whitehall. ?:
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
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
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.