Link: Higgs’ report special
This was the startling finding of a poll carried out by the Sunday Times to gauge the feelings of business leaders towards the Higgs’ Report.
At the next meeting of the FRC, the independent accounting regulator, members are expected to argue for changes to be made to the code and call for it to be redrafted.
Measures which drew strongest attack were the proposal not to allow a company chairman to head a nominations committee and plans to force non-execs to meet once a year without the chairman.
The Sunday paper quoted ICAEW president Peter Wyman as calling the code ‘too prescriptive’.
Today is the deadline for companies and shareholder groups to submit comments to the FRC.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements