The result of a three-year process now has to endure the scrutiny of parliament and the public. It is feared this could result in a weaker company law than is currently being proposed by the steering group which led the consultation process.
Gerry Acher, KPMG partner and chairman of the ICAEW audit faculty, told AccountancyAge.com: ‘This is a major step forward. What I like is that the whole thing ties together. It is better than I thought.’
But Acher warned against the proposals being tampered with.
‘It is a package. We mustn’t allow people to unpick it,’ he said.
‘Now the skill is to preserve it in its entirety. It is not a shopping list,’ he said.
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.