It did however warn that there is still much work to do in order to satisfy companies that the measures will work.
‘Consultation and dialogue with the Inland Revenue will be essential,’ said Gillian Wild, tax director at PwC. ‘We are aware of a number of areas where the tax implications of choosing IAS for accounts may create issues for companies. For example, if the impact in the year of transition to IAS is an acceleration of tax payments.’
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned