Information Technology Outlook 2002 is the sixth biennial report produced by the OECD, which represents the economic interests of industrialised nations including the UK. The OECD says the IT sector will have a significant role to play in any global economic recovery.
VAT dodging gang
The leaders of a VAT-dodging gang were awaiting sentence this week after being convicted of a multimillion-pound components scam. Eight people were arrested after a Customs & Excise investigation, codenamed Operation Delta, discovered a VAT shortfall of more than #39m between 1998 and 1999.
Four were released without charge. Nicholas Skidmore, Bassam Omar, David Withers and Paul Burke were all found guilty of cheating the public revenue, after importing chips and memory modules from the US and Hong Kong and undervaluing them for tax purposes.
The Security and Exchange Commission has ordered 945 public companies to certify that their most recent financial reports are ‘complete and accurate’. The list includes most high-profile IT and communications companies and is an attempt to boost confidence in a sector increasingly tarnished by the WorldCom and Xerox debacles.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
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
New BDO managing partner Paul Eagland reflects with Accountancy Age on which historical figure he would like to seek advice from - and what they would advise